Chapter 114 The 114th day since I stopped running...
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Chapter 114 The 114th day since I stopped running...
When Tristan and his group entered the conference room, they saw Wen Chan and her group smiling at them. Tristan raised an eyebrow, put one hand in his pocket, and looked at Jason: "Excuse me, what's the meaning of them being here?"
Jason, as always, played dumb, chuckled, pulled out a chair, and said, "Aren't you in the same industry? I think having more options in this collaboration wouldn't be a bad thing for either of you."
They can really lie through their teeth.
Zhang Yurong thought to herself.
Jason's skin is incredibly thick; he used this trick to outwit them before, and now he's using it to outwit the people at Goldman Sachs.
However, I must say, seeing those Goldman Sachs people looking so displeased was actually quite pleasing.
"What kind of institution are they to compare themselves with Goldman Sachs?"
Tristan sat down on the left side of the long table, his face expressionless. His handsome, sculpted face exuded a chill, and his lips were downturned. Although he didn't say anything, his disdain and contempt were very obvious.
"We're nothing special."
Wen Chan twirled her hair, crossed her arms, and said lazily, "It's just that we recently won 80 million US dollars from you, which made Goldman Sachs the center of attention on Wall Street this year. We also had our eye on Walmart in advance and laid out our plans for a month before Goldman Sachs even realized what was going on. That's all."
Darren and the others couldn't help but smile.
They had already witnessed Wen Chan's sharp tongue, and now they felt truly pleased to see her mocking her opponents.
Tristan raised an eyebrow and tapped the table with his family ring-encrusted finger. He looked at Jason and said, "Mr. Jason, I don't think there's anything we can't agree on in our negotiations. If you have any thoughts, we can discuss them privately."
A hint of regret flickered across Wen Chan's lips.
She also wanted to say that these Alpha men have strong self-esteem, especially when they look down on women, and that her sarcastic remarks would provoke them.
Unexpectedly, the other party was indeed composed and did not fall into her trap.
Jason Walmart chuckled and said, "It's nothing, no rush. Such a big matter, let's discuss it slowly to avoid future regrets, right? Miss Wenchan, my father said you have a very attractive offer, I wonder what it is."
Wen Chan glanced at Tristan and stood up.
Zhang Yurong tried to hand her the documents, but she pushed them away. Wen Chan then asked Jason, "Could I borrow a ballpoint pen?"
Jason casually picked up a pen and handed it to her: "Please help yourself."
Wen Chan quickly wrote down several data points on the whiteboard.
Her movements were swift and decisive, without the slightest hesitation. Her white suit accentuated her capable demeanor, and her confident and composed aura drew everyone's attention to her.
"I'll start by telling a story."
Wen Chan turned around and said with a smile.
Tristan shrugged and scoffed, “Go to The New Yorker. This isn’t Hollywood.”
Tristan's subordinates all burst out laughing.
Wen Chan remained calm and ignored him, instead looking at Jason and the high-ranking officials beside him. "This story is about my motherland, China. I would like to ask how many of you know which year China started its reform and opening up?"
Jason exchanged glances with the executives next to him.
A man who looked somewhat like Jason hesitated before raising his hand: "1978?"
“That’s right, it was 1978. In 1978, China’s GDP was 406.26 billion yuan, while last year, 1990, China’s GDP was 1.87 trillion yuan,” Wen Chan pointed to the whiteboard with her pen, “That is to say, in the past twelve years, it has nearly quadrupled. In addition, last year alone, urban residents’ consumption in China’s total consumption was about 380 billion yuan, and rural residents’ consumption was about 565 billion yuan, and then…”
Before Wen Chan could finish her introduction, Tristan sneered and said dismissively, "What's so special about these numbers? They're not even as high as the total consumer price index of a single state in the US right now!"
Jason nodded and said, "Indeed, Tristan is right."
Wen Chan smiled and said, "But how long has the United States been developing?"
Looking at Tristan's solemn face, she smiled and said, "From World War I to now, the United States has experienced a century of economic growth to get to where it is today, but China has only been developing for a few years, especially in terms of economy."
Wen Chan looked at Jason: "Mr. Jason, I believe you are a smart man. I don't need to say more. China's economic take-off is only a matter of time, and this market will become the world's largest production and consumption market in the future. Although Walmart's pricing strategy is low, prices are still high in some countries. If you want to develop and make money, you must expand your market in countries with good economic development, especially in countries with a large middle class and a moderately prosperous society. China is undoubtedly the best market!"
Jason looked thoughtful.
Tristan sneered, "If that's the case, why do I see your people in your movies, all covered in dirt and toiling in the fields?"
Zhang Yurong and Li Yi both felt a jolt in their hearts.
This is a difficult question to answer, and it's also difficult to refute.
If the rebuttal is incorrect, Tristan and Jason are both Americans. While Americans may not share the same stance on other issues, when it comes to upholding American dignity, there is no question about it.
Jason looked at Wen Chan curiously, "Tristan asked a good question too."
Wen Chan remained calm, placing her hands on the table: "Then I would like to ask Mr. Tristan, since China is a poor and backward country, why does Goldman Sachs plan to go to China next year to investigate the Chinese market?"
Tristan's expression changed, he sat up straight, and stared at Wen Chan: "How did you know!"
This is a Goldman Sachs secret; he wouldn't have known if he weren't a mid-level manager!
Wen Chan smiled and shrugged: "Sorry, I made a guess, and it seems I was right."
She looked at Jason: "Mr. Jason, even a prestigious institution like Goldman Sachs can't help but be tempted by the Chinese market. You're in the retail industry, shouldn't you realize that this is your future home turf?"
Jason smiled slightly, looking at Tristan's ashen face, and suppressed a laugh. "Your suggestion is very good, and I'm convinced by you. China is indeed a very good market, but what kind of help can you provide?"
"The help isn't much; it's just that we can offer you affordable land in a few major cities, and our local governments also offer considerable tax breaks in this regard,"
Wen Chan smiled and wrote down a number, "In addition, the most tempting thing is the salary in our country. Currently, the monthly salary of a department store employee is only three hundred yuan."
Three hundred yuan?!
Jason and several executives immediately became excited and whispered among themselves.
Low labor costs are always a favorite among entrepreneurs. Although it may not be very respectable to attract foreign investment in the early stages of development, the economy must develop and make money to drive the upstream and downstream industrial chains and raise wages.
Zhang Yurong and the others showed joy on their faces.
Zalia and the others looked at Wen Chan with even greater admiration.
“Mr. Jason, doesn’t Mexico have all of this?!” Tristan gave a wink to his subordinate Alexander.
Alexander understood, loosened his tie, stood up, holding a document in his hand, and gave Wen Chan a hostile look. He said, "We've done our research. The average wage for retail workers in Mexico is only $70. And isn't Mexico's economic development better than China's? Jason, we can help you enter the Mexican market!"
"Then why don't you mention Mexico's inflation rate last year?"
Wen Chan placed her hands on the table, her eyes fixed on Alexander with the gaze of a hawk.
"Inflation rate?" Alexander panicked and tried to look through the documents.
Wen Chan said, “You don’t need to look, I’ve checked. Last year, Mexico’s inflation rate was 26.7%. That means if a product costs $10 at the beginning of the year, it could cost $13 by the end of the year. I think, Mr. Jason, you know how much this kind of inflation hits your retail business.”
Inflation is never a good thing for the retail industry.
When prices soar, people's desire to buy decreases, and they reduce consumption of items other than necessities.
Jason nodded: "I understand, but we've also done our research. The economy in Mexico is growing faster than inflation, so we believe there's a huge market there."
Upon hearing this, Alexander's face lit up with a smug look, and he glanced at Wen Chan with an arrogant air.
Wen Chan ignored him and said, "There is an old Chinese saying that you can't have your cake and eat it too. But I think that as long as you have the strength, you can have both. I don't deny your company's strategic plan, but I would like to offer you another option. We can help you enter the Chinese market."
She gave Tristan a meaningful look and said, "China is not only the largest consumer market, but also the largest manufacturing market in the future. I can assure you that the future of manufacturing is in China, because no country in the world values education more than us, and grassroots education is the foundation of a strong manufacturing industry. More importantly, the government pays for this, and companies can simply sit back and enjoy the benefits."
Tristan's pupils contracted as he stared at Wen Chan, his lips curving into a straight line. He crossed his arms and slowly tapped his right wrist with the fingers of his left hand.
The negotiations will not be completed in a short time.
Jason and the others invited them to eat at the cafeteria, then used the excuse of needing to discuss something to ask them to leave first.
This time, after leaving headquarters, Zhang Yurong and the others were in much better spirits than last time.
The two groups of people separated and walked away without any conflict.
Just as Wen Chan was about to get into her car, someone got out of a Rolls-Royce across the street. Tristan said to Wen Chan across the street, "Wen Chan, if you're willing to come to Goldman Sachs, I'll offer you a monthly salary of 80,000, plus bonuses."
A monthly salary of 80K is quite rare at Goldman Sachs.
Zhang Yurong tensed up. Wen Chan waved to the other side, "Thanks. When will you let me sit in the chairman's position at Goldman Sachs? Then I'll consider switching jobs."
She got into the car without looking at Tristan.
As Li Yi drove by, he saw the blond man staring at their car with a deep and cold gaze.