Tuesday, November 16, 2010

Officials and business

 Official can not do business, as if already banned, and repeated orders. Official and business great harm, of which undermine the market economy is mainly open, fair and transparent rules.
No officials involved, we all equal as part of market competition, then you on your own skill and ability to do things, to win all in from a lost, winning the righteous, to lose no regrets. really do, you have to thank the community that there is fair justice, social Qingming translucent .
In China, however, if you alone individual talents, earn a little money, buy a house buy a car can be as long as you do a little skill, and this easy to achieve. And if you want to achieve something big cause, and officials do not make, no doubt in the nonsense. do great things, National Chiao Tung University officials, this is the essence of things!
some reason if I want to elaborate theory, it is difficult, if I really can clear the reason , then I do a professor may not much problem. we did not so much theoretical basis, it can only be described facts.
said that the real things in real life is not easy, if I will live around their own true story of the arguments used as their own articles on my friends may harm than good.
This is what reason? I do not make shows.
then I am more and more senior-level leaders of business between the those things as my arguments, and I think no one would dare to take how they like.
start with an official, Vice Premier Wang Qishan, a high official mm.
He is the CPC Central Committee Political Bureau member and Vice Prime Minister. Northwestern University Department of History, history graduate, worked as youth, did the People's Construction Bank of China, did Hainan Provincial Party Secretary, did the mayor of Beijing, now in office. to say that official, he is a great breakthrough in China ombudsman.
we say a businessman mm Fang.
Beijing Gao Hua Securities Company Limited and Goldman Sachs Gao Hua Securities Company Limited chairman. In addition, even if you are on the Baidu search, it is difficult to find He further information,UGG bailey button, he is a very very low-key businessman and capable.
Fang graduated in 1982 from Zhongshan University Chinese Department, assigned to the Ministry of Foreign Trade with the Working Group on the work of .1983 to the Henan foreign trade system research. because appreciated by the leadership, Fang was left to work in Henan province.
1984 by the end of 32-year-old Wen Fang transferred to Henan Economic and Trade Department, served as general manager of Henan Cereals, Oils and Foodstuffs Import and Export Company, was ordered after the integration of Henan Province Foreign Trade Corporation (later renamed the Central China International Economic and Trade Company, referred to as the Central Plains International Trade), it was one of the pilot reform of foreign trade. He was foreign trade system reform team, participated in China's first futures exchange programs Zhengzhou Commodity Exchange Design and early preparation. This shows the talent side did not have to say, that people are talented.
Fang talent is not blowing, but not shoot out, people are really capable.
1988, the International Trade and Henan Zhongyuan International Trust and other groups the three companies merged into the Central Plains, Central Plains chairman concurrently by the Vice Governor of Henan Province, Fang is the executive vice president. this group is actually a hand to the inflicted Fang, from the Central Plains to the Central Plains International Trade Group the first three years, he has started two years ago creativity. Fang do not like the old operator of private enterprises to invest 2 million dollars how much this account.
realm of decision, perhaps to say Fang it is such a person.
said the two men is what you mean? interesting, listen to me slowly that the big things and more, you have to be patient really did not know that.
say a Guest
2003 年 6 月 day, Beijing. At the time some deserted streets of Beijing, the SARS epidemic, Beijing is still a lingering fear of the local people. The United States flew thousands of miles, general manager of Goldman Sachs, in Beijing, the purpose is to offer two people for dinner.
in this dinner, they discuss the event in the establishment of a joint venture with Goldman Sachs, the way to enter the rapidly growing Chinese financial services market. and they discuss what is in fact a huge Jiaoyi and the fact the deal approved by the Chinese government. Before that, there is no way a foreign investment bank to open in China in this market.
Since it is a transaction, the conditions must exist. is, in order to achieve this deal, Goldman Sachs to take an unusual transactions.
time, there was a domestic securities company is facing extremely difficult financial situation, this theft of customer margin securities company millions of dollars to do speculation, suffered heavy losses. If not an emergency type of funding arrival, it finished in the affirmative, and will bring very serious social consequences.
is that after dinner, Goldman Sachs agreed to the securities company to help this client is about to be finished in the company to compensate the loss. Sachs, investment banking, not philanthropists, it is to pay each a return. as its approval, you can set up a joint venture in Beijing.
Goldman Sachs set up the securities company called Goldman Sachs Gao Hua Securities Company. is both a joint venture, Goldman Sachs, in addition to their own investment, China is also somebody has invested, right? who is out of it? government is not good investment, that a person can only be financed by domestic. can the man say domestic, I have no money, or so it? you Goldman Sachs is not well-known U.S. investment bank Well, you borrow some money to me, to borrow money I invested with. Goldman Sachs are asking for him, said, Well, I lend you money funding it. Goldman Sachs said how much money are you going to lend me? The man said that one hundred million it! but not the yuan, the dollar was ! Goldman Sachs has dared to put fart, and said Well,UGG shoes, take you a million. So the joint venture company set up up, this is the Goldman Sachs Gao Hua Securities Company.
domestic Who the man? so cattle force! even the U.S. investment bank Goldman Sachs executives are so beaten in front of him? people in the United States also respect him even one-third of the president. That person is Fang! dinner that night, there is a long when he was in Beijing Wang Qishan!
Fang and Wang Qishan how to sit to eat? long story, from 2002 to 2003, the Hainan Provincial Party Secretary Wang Qishan, and before this, hosted Fang a and in Hainan Hainan's real estate securities investments. and domestic securities companies That is unfortunate,Discount UGG boots, Hainan Securities!
Goldman Sachs understands the unspoken rules of Chinese officialdom, their , did not mention the word. they borrow a billion to Fang, Fang is also reticent about what to do security.
Goldman Sachs, Goldman Sachs Gao Hua to set up this company, really is a big loss, in addition to no any guarantee by a billion to Fang, but in order to obtain one-third of the shares, but also out of the 30 million U.S. dollars, take a look at it, in order to set up such a company, the first wind and thunder, funded $ 30,000,000, spent two billion dollars, and according to current exchange rates, almost spent 1.4 billion yuan! It is also not the purchase of equipment, leasing office space, staff salaries still to be said .... that the Yankees out of such a large sum of money, but also only one-third share, the company chairman or a Chinese mm Fang!
how smart Goldman Sachs investment bank Yeah, they believe that China is so big develop so quickly, there will be many state-owned enterprises to go overseas capital market, while Chinese have the money, certainly a large-scale overseas investment, then, with Goldman Sachs and China's domestic elite that relationship, does not want to It is impossible to make money.
Fang Goldman Sachs in charge of how to bet on who does?
Since 1997, China Mobile in the overseas market, Fang has the China National Petroleum, China Unicom, Sinopec, Sina, in the sea All the famous state-owned oil get listed overseas,UGGs, these companies are the most profitable company Yeah, like Buffett, only on the China Petroleum and earned a share of 200 billion U.S. dollars! but after a few years later, and other Chinese to market the oil to China, puts China sets investors up to now has not defined. Therefore, there is a saying Chinese investors: Memories can be misery, like the warehouse full of oil! Fang foreign underwriting these transactions eligible for half gave Goldman Sachs, Goldman Sachs to pay two hundred million U.S. dollars, finally get it into several hundred or even thousands of times in return! 

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