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Chapter 847

~7 min read 1,326 words

Thinking of the cooperation with the Su family, Ito Yuhiko's expression appeared somewhat melancholy.

Sitting in the car, he let out a long sigh and exclaimed: "Koichi, in the last ten years, the economic development speed of Japan has been relatively stagnant, so the strength of several top families, including our Ito family, has shrunk more or less, and we are lacking in stamina..."

Tanaka Koichi asked hurriedly: "President, Japan's development speed in the decades after the war once led the world. Why has it not been able to keep up in the last ten years?"

Ito Yuhiko said regretfully: "There are many reasons for this stagnant economic development. First, Japan's local resources and land have always been very scarce; second, because Japan hasn't had major innovations in the fields of the Internet and high-tech in these years..."

Saying this, Ito Yuhiko continued to exclaim: "Look, many local Japanese enterprises that occupied advantages in various fields more than ten years ago have gradually lost their original advantages in these years;"

"Look at Sony, Panasonic, Hitachi, and Toshiba from before. They were all world-famous. Back then, Sony's color TVs were the best in the world and sold well globally; Sony Ericsson's mobile phones were also famous worldwide; Panasonic and Hitachi's home appliances, and Toshiba's semiconductors were all world-class existences. But now? They have all gradually declined!"

"More than half of the world's TVs are produced in China, cheap, affordable, and with high cost-performance; the world's mobile phones are divided into two parts: Apple from the United States occupies a large part, and the remaining large part is Huawei, Xiaomi, Vivo, and OPPO from China. What does Japan's mobile phone have to do with anything? Even Samsung from South Korea has lost its glory and has long been decadent!"

Tanaka Koichi also couldn't help but wring his hands: "President, you are right. We in Japan have indeed completely lost many traditional advantages, especially in electronic products..."

Ito Yuhiko sighed: "Is it just electronic products? Besides that, Japan's steel industry was once world-class. Even Americans had to look up to our special steel. However, because Kobe Steel was exposed for long-term fraud, it plummeted!"

"Originally, our Japanese Shinkansen technology looked down on the world. High-speed rail technology was invented by us, and our strength was unrivaled. But who could have thought that China's high-speed rail would later come from behind, so that our Japanese high-speed rail technology, as well as German and French high-speed rail technology, all became second-rate in the world, and the Japanese Shinkansen also lost a large number of overseas markets..."

Tanaka Koichi also sighed endlessly: "We in the Ito family hold different proportions of shares in the enterprises you mentioned. They are declining, and our assets are also shrinking. This is indeed a very serious problem..."

Ito Yuhiko said with hatred for iron not becoming steel: "Not only that, the most important thing is that our young people in Japan now seriously lack creativity!"

"Look at China. In these years, a large number of world-class Internet enterprises have been born, such as Tencent, Alibaba, Toutiao, JD, and Pinduoduo, as well as DJI drones that occupy more than 70% of the world's drone market. Looking at Japan, there hasn't been a single influential Internet enterprise born in these years! If we continue to develop like this, we will completely lose all advantages!"

Tanaka Koichi nodded: "By comparison, those top families in China, with the continuous development and progress of various industries in China, their wealth and influence are also constantly improving. They now have the ability to challenge Europe and the United States directly and don't put Japanese enterprises in their eyes at all."

"That's exactly it." Ito Yuhiko said with full melancholy: "In the past, they were still chasing us. As a result, in the blink of an eye, they surpassed us and went to chase the United States. We were left far behind by them instead. So much so that we now have to go back and curry favor with Chinese families if we want to make a breakthrough in business. It really fulfills that old Chinese saying: 'Thirty years east of the river, thirty years west of the river'..."

Speaking of this, Ito Yuhiko said seriously: "Precisely because we have been standing still while China has been developing rapidly, we now need to be firmly bound to China's top families. This cooperation with the Su family is of great significance to us and cannot be lost."

Tanaka Koichi nodded continuously and blurted out: "President, please rest assured, I will definitely go all out!"

The Japanese economy in these years has been sluggish.

As a top Japanese consortium, the Ito family's strength is also constantly being weakened.

Another big family in Japan with the same confusion is the Takahashi family.

Both families are now actively seeking breakthrough points, so they have all pinned their hopes on China's top families without exception.

As the top family in China, the Su family's influence has been constantly improving in these years, and with the rapid development of China's economy, the Su family's strength has also been increasing rapidly.

The Su family's focus in the past few years has been on maintaining and consolidating the domestic market. After consolidating their position as the number one family in the country, they only started to turn their eyes overseas in the last two years.

Therefore, in these few years, many Japanese families and consortiums have been eagerly hoping to develop deep cooperation with the Su family.

In the past ten years, China's import and export trade has been constantly growing, the demand for shipping has become larger and larger, and the speed of port construction and development has been extremely fast. Now, among the top ten ports in the world by throughput, China occupies seven.

Current global trade has a very high degree of dependence on shipping. The vast majority of oil, ore, and various goods rely on ocean transportation.

For example, the oil in the entire East Asia and Southeast Asia almost all has to rely on giant oil tankers to be transported from the Middle East to the ports;

And the iron ore in the entire East Asia and Southeast Asia also relies on a large number of giant cargo ships to be transported from Australia and Brazil.

The Su family has been operating port businesses for many years and has their own industries and shares in major domestic ports. Now they are preparing to build the largest shipping company in Asia and build the largest shipping fleet in Asia, which happens to be able to complement the resources of the domestic ports they have laid out.

In order to build this largest shipping fleet in Asia, the Su family not only invested a huge amount of money themselves but also prepared to cooperate deeply with the consortiums of Japan and South Korea, giving them a certain share and letting them participate deeply.

The reason for pulling in the consortiums of Japan and South Korea is mainly because both Japan and South Korea are developed countries with very large shipping demand, and the Busan Port in South Korea, and the Tokyo Port and Yokohama Port in Japan are all old-fashioned large ports in Asia.

If the Su family can also take the resources of these ports into their hands, by then, the shipping company led by the Su family will be able to control the shipping lifeline of the entire East Asia to a certain extent, and the future profit space will be extremely large.

The consortiums of Japan and South Korea are extremely excited about this news. They all hope to reach cooperation with the Su family and then board the Su family's big ship.

In Japan alone, there are at least more than ten families and consortiums hoping to cooperate with the Su family.

Among them, the strongest are the Ito family and the Takahashi family!

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End of Chapter

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