Chapter 173 Gold Reserve
Since we came to Tokyo, we naturally wanted to let Adam and Semp feel the characteristics here at the beginning. These were arranged by Duqi and Yuki Kitayama.
What we prepared was Japanese style cuisine and accommodation. When we arrived at the place and had dinner, several Japanese girls took the initiative to sit next to Adam and Semp.
Watching the specially invited geisha performance, Duqi said to Adam: "Our "Time and Space Cube" and "Transformers" comic version, I will arrange for release. As for the animation broadcast, I still need to re-dubbed in Japan and then scheduled for broadcasting. Now Dongji TV has a good rating in Japan, and the number of viewers can also rank in the top ten every year."
Adam smiled and said, "Since you have already arranged everything, you have saved a lot of effort. Are there any solutions for our company's sales channels in Japan?"
Du Qi thought for a while and said, "I have met several channel dealers at the banquet before, but our toys have not yet become famous in Japan, and the risk of fully deploying them is too high."
"I have considered this, so I plan to set up specialty stores in several big cities such as Tokyo, and use your comics and animations to advertise, and after the fame gradually becomes more popular, then sell them in full." Adam said confidently: "The audiences of these comics and animations are our potential customers. Through program feedback, we can know the potential market capacity, and then choose the sales range and quantity based on the feedback..."
I roughly mentioned the plan, but I didn't worry about being heard. Adam didn't say much in detail, but instead said: "Market development is not a matter of one or two days. The market in Europe has not been completely stable. The market in Japan needs to be observed for the time being. Recently, I have planned to establish our toy factory in Taiwan. You have been to Taiwan before. What do you think of my plan?"
A little stunned, Du Qi asked, "Why do you want to build an OEM factory in Taiwan?"
"You should know that the wages of workers in China are getting higher and higher, and the costs are greatly increased. Many people choose to transfer factories to Asia. I compared the wages of workers in Asia and other situations. Considering them comprehensively, I feel that Taiwan is more suitable."
After hearing Adam say this, Duqi blurted out immediately: "Why don't you choose China? The labor cost in China is now lower."
"What! Are you kidding?" Adam immediately showed a surprised look after hearing this: "Go to a red country like the Soviet Union to open a factory. Weird, we are capitalists. Are you not worried about the security issues after entering that country!"
Adam's reaction is actually the general view of American capitalists. Although the mainland has decided to reform for several years, the overall environment and other countries are still far from understanding the overall environment ten years later, and China has not yet become the first choice for a large number of foreign capital OEMs. Now everyone chooses countries like South Korea and Singapore, so the so-called Four Asian Little Dragons are said to be.
However, Duqi, who had experience in his previous life, seemed confident and said, "Why not, Adam, believe me, according to the special circumstances now, if we invest in and establish factories in China, or choose some orders for local factories to produce OEMs, it will be a good choice for us."
"As for the security issues you mentioned," Duqi said without hesitation: "If you really understand there, you will know that the security there is actually better than in our country. If we go there to invest, the least we don't have to worry about is the security issues."
After hearing Duqi say so affirmatively, Adam still looks completely unbelievable, and Semp also said, "Qi, you probably won't say this intentionally because of national sentiment."
"Of course not. All I said have been investigated in detail," Duqi said. "In fact, I plan to go there next year to see if there are any suitable investment projects. If you are interested, you can go with us."
"No, I feel like forgetting it." Adam shook his head directly and said, "And I think it's better for you not to go there either. I think it's still too dangerous."
"Okay, it seems that I can't convince you, but believe me, at most five years, more and more people will invest in China." Duqi shrugged. Before he really saw it with his own eyes, there were probably not many people who believed in China's determination to open up.
Therefore, Duqi appropriately changed the topic: "If Haiqubao Company encounters financial problems, you can contact Shengshi Bank."
"No problem. In fact, I have already told my father that if the funds on hand expire, you can buy large deposits from Shengshi Bank." Adam nodded. He already knew that Duqi is the boss behind Shengshi Bank. Now Shengshi Bank is already the best among the medium-sized banks in the United States. Judging from the development momentum, it will not be a problem to become a first-class bank within ten years. The key is that Duqi is still so young. As a friend who saw Duqi start his career, Adam even thought that in the future, this Shengshi Bank might still be expected to become a super bank like Citibank, a Bank of America, and a giant.
"I didn't expect your father to have the habit of savings? Why don't you invest?"
"Never put all the eggs in one basket. This is what my grandfather taught me since childhood." Adam said: "In fact, not only my father owns a large deposit, but the gold worth three million dollars that my grandfather exchanged twenty years ago was stored in a bank safe. This part is kept in case of capital. Grandfather said that even if the business fails and with these funds, we still have the chance to survive the most difficult time. Now the value of these gold has increased a lot."
"It seems that your grandfather is a cautious person, and not many people think like this." Duqi said casually. In fact, Duqi also plans to take advantage of the fact that the gold price has not been high in the past two years to let Shengshi Bank reserve some gold without any other function, just to strengthen the confidence of depositors. Although the Bretton Woods system has been shattered, gold is still a product that maintains value and maintains stability in people's eyes. It is not a bad thing for a bank to have a certain proportion of gold reserves.
Even if the gold reserves are sufficient, a vault can be built for people to visit. If those cute little cuties appear there in piles, they will make people crazy. There will be no fewer people coming to visit. The tickets sold can also be used to support the security and insurance costs of the vault, and even generate profits. It is definitely a cost-effective transaction.
Chapter completed!