The rise of a great power: starting with military industry

Chapter 1018: Calculation of the Internet Winter
The dot-com bubble burst and scared everyone.

On the Chinese side, the leaders were also frightened.

In the Hong Kong stock market, all Internet listed companies with a market value of more than 5 trillion Hong Kong dollars were wiped out.

In the mainland stock market, the total market value of listed Internet companies exceeding 1 trillion yuan was wiped out.

Stockholders and investment institutions suffered heavy losses.

In just a few months, so much wealth evaporated, and the resulting decline in the overall market caused even more wealth to evaporate.

"The Internet industry is not suitable for further development. It is too easy to form bubbles. We still have to develop the manufacturing industry. This is a real fact." Someone expressed his opinion with lingering fear.

This is still China, and the stock market situation has nothing to do with most ordinary people.

Otherwise, if so much wealth evaporated, who knows what kind of chaos would occur.

Others also expressed their opinions. This time the bursting of the Internet bubble scared everyone.

At this moment, they all feel that the real economy is real and the Internet is too virtual.

"Comrades, did the bursting of the Internet bubble affect ordinary people? No! Did it affect the overall economy? No!" Liu Tao held a different opinion. "We can't be afraid of the Internet just because the Internet bubble burst. We still have to look at the pros and cons of everything!"

"The bursting of the Internet bubble has caused trillions of wealth to vanish, but we should see that this is itself a great wave of the market, eliminating the weak and unfit to survive. Those who can survive must be competitive in the market." Liu Tao said: "We should also see why there are so many A-shares that are not suitable for listing and can be listed even though they do not meet the listing conditions. This is what we need to solve."

"As everyone knows, the Internet industry can provide high-paying jobs. Let's not talk about other things. Kingsoft Corporation of Hong Kong has a total of 6.3 employees, 6.1 of whom are in China, with an average salary of more than 3 RMB. This means that there are 6.1 high-income people who can generate a lot of consumption." Liu Tao gave an example, "There is also Sohu Corporation of Hong Kong, which has 2 employees, 1.95 of whom are in China, with an average salary of 2.8 RMB; Penguin Corporation of Hong Kong has 10.9 employees, 10.5 of whom are in China, with an average salary of more than 3.5 RMB; Dandelion Technology Company has 3.5 employees, 3.4 of whom are in China, with an average salary of 3.3 RMB."

Liu Tao knows all this data like the back of his hand; he knows them too well.

"In the entire Internet industry, there are many people with monthly salaries of over 3000 yuan. Even sweepers and security guards can earn 200 yuan in Internet companies. There are more than million people in the industry, and they can all be classified as high-income groups." Liu Tao said: "Although the Internet bubble has burst and a lot of wealth has evaporated, large companies will not lay off employees."

Regarding the Internet, Liu Tao was the only one present who knew anything about it. The others didn't understand it. At most, they could surf the Internet and use a computer in some simple ways.

The meeting decided to continue developing the computer and Internet industries and provide some policy preferences.

After the meeting, Liu Tao and his leader went to the office, and Liu Tao reported some of his plans regarding computers and the Internet.

Having cashed out so much money before, it was natural for them to buy at low prices during the Internet winter, and even to delist several Internet companies in the United States and re-list them in Hong Kong and the Mainland.

The leader only then realized that Liu Tao had already made arrangements to cash out hundreds of billions of dollars and also short the Internet stock market.

Liu Tao did not hide anything from his leader and reported everything one by one.

Return to the courtyard.

Liu Tao saw Liu Ziyu fishing.

I don’t know when Liu Ziyu started to like fishing.

Maybe it's because fishing can calm her mind and stop her from thinking.

Maybe it's because I like to catch fish and kill and cook them myself.

Other Internet companies were in a state of panic, but Liu Ziyu was relaxed. She and Chen Nianzhen also kept cashing out, and both of them had a large amount of cash.

Liu Ziyu and Chen Nianzhen are now considered legendary figures in China's Internet industry and are also Internet tycoons.

Unlike before, the two began to enjoy life and would take vacations and travel from time to time every year.

Liu Tao took a fishing rod, put on the bait, and sat next to Liu Ziyu to fish.

"Brother, how do you judge that the Internet bubble will burst?" Liu Ziyu asked.

You know, the Internet was booming before, a lot of money flowed into the Internet, and venture capital companies' favorite investments were also Internet companies, especially those Internet start-ups.

Everyone was optimistic about the Internet, but Liu Tao saw the crisis and believed that it would soon break out.

Liu Tao smiled and said, "It's very simple. The development of the Internet is too crazy. The market value has risen too horribly. It's not normal at all."

"The bubble is serious, so it will naturally burst one day. It's just a matter of sooner or later." Liu Tao naturally would not say that he cheated.

As early as last Spring Festival, Liu Tao looked at his treasured notebook and began to analyze, and then he was certain that the Internet bubble would continue to burst.

Sure enough, as he analyzed, a large amount of money flowed into the Internet, and then Internet companies spent money like water, creating a terrible Internet bubble.

In fact, just talking about the development of China's Internet, every household in Hong Kong has access to the Internet, and the number of Internet users has basically reached the ceiling.

In the mainland, some rural areas can also apply for broadband, and it is even easier to get online in cities. Internet cafes can be found everywhere in China at the town level.

Computer classes have even been included in the junior high school stage. Every middle school has a computer room and teaches computer courses. The purpose is not to make students proficient in computers, but to let students get in touch with computers and learn how to use them in a basic way.

In some more developed areas, even primary schools have computer rooms to teach students computer lessons.

The development of the Internet is very rapid, and the popularity of computers is also very fast.

If you can’t afford an expensive computer, then buy a cheaper one, or a second-hand one!

Liu Tao's original vision of two Internets in the world, forming two Internet centers, is being realized step by step.

Except for some restrictions in the United States, there are basically no restrictions on the Chinese Internet elsewhere.

The two Internet worlds are parallel and intersecting, and are usually impossible to detect.

But once the critical moment comes, it will be very obvious.

Logically speaking, the bursting of China's Internet bubble would not happen so quickly, but unfortunately it was affected by the bursting of the Internet bubble in the United States, which triggered the bursting of China's Internet bubble ahead of schedule.

But Liu Tao is very calm because the foundation is intact, the basics are good, the number of Internet users is growing rapidly, and there will be capital injection from leading enterprises. After surviving the Internet winter, spring will come.

Moreover, in this wave of Internet winter, many Internet companies in the world will not be able to withstand it and will go bankrupt.

I'm afraid that except for China and the United States, Internet companies in Europe, Japan and South Korea will all die out!

(End of this chapter)