My Lord, you need to stand up!

Chapter 642 Harmony in the Family Leads to Prosperity in All Things

This made Wei Dong deeply understand why, thirty or forty years later, his third brother would betray his promise and withhold money from various overseas investors, preventing them from taking it away.

Foreign investment in US dollars, once it generates profits, will ultimately be withdrawn in US dollars continuously.

Only a fool would invest in such impoverished places if they weren't making money.

But if you make money from investing, you take away the foreign exchange that was originally scarce in these places.

How could I not feel the pinch?

For the mainland, which will have a trade surplus of trillions of dollars in 30 or 40 years, this small amount of foreign exchange outflow will be of no concern.

With a total export value of only 30 billion, every penny of foreign exchange must be spent carefully.

Therefore, when looking for foreign investment, Hong Kong and Taiwan businessmen and overseas Chinese are the first choice, because they at least have the idea of ​​continuously investing in the mainland.

The key to navigating this period of tight foreign exchange market conditions lies in not rushing to cash in profits, but instead expanding the scale to earn even more.

This hotel group is willing to continue investing in building as many as 20 or 30 more hotels in mainland China, which is a good thing.

Otherwise, the profits from Pingqi's continuous production and sales, and the revenue from newly opened high-end hotels, would generate a large sum that could be continuously invested in hotel construction.

Good.

But Wei Dong has no interest in the hotel industry.

Especially high-end hotels.

Based on his limited knowledge, budget hotels and boutique hotels in prefecture-level cities are profitable, and this tax data cannot lie.

But most high-end hotels are losing money.

Now Wei Dong has had quite a bit of contact with him.

We are involved in hotel projects in Jiangzhou, Shanghai, Pingjing, and Pengzhen, and have been in deep contact with them.

With such a huge investment and only a small amount of rental income, it would take about twenty or thirty years to break even. That's why he was a bit critical of the five-star hotel that Lao Fang and his group were staying at at the Pengzhen West District Wharf.

That place is really remote; it will be even more painful to break even in the future.

Moreover, the more upscale the hotel, the more it insists on being renovated every ten years or so.

If there are even the slightest signs of decay, discerning high-end guests will not stay there.

We haven't even broken even yet, and now we have to renovate and refurbish.

If it weren't for the fact that the land value of these hotels would definitely skyrocket to offset the costs, Wei Dong would never have gotten involved in the hotel industry.

After receiving the faxed letter of intent from Collins' hotel representatives, they will definitely say they need to consider it.

As we strolled to the factory gate, we saw Mao'er's 212 followed by a Jeep CJ. His newlywed wife, wearing sunglasses, casually peeked out and said, "I heard you're going to the suburbs today. Let's go check it out together."

Before Wei Dong could even speak, Xiao Die had already stubbornly peeked out from behind the driver's seat, and the second child's mother in the passenger seat also held up the baby as a gesture.

"Let's go then," Wei Dong said, handing over the fax he was holding. "Foreign exchange is strictly controlled, and the car factory's profits can't go out. Let's find a foreigner to invest in building a luxury hotel. Do you think it's necessary?"

Business choices unrelated to the era's dividends are beyond Rang Weidong's problem-solving approach.

Moreover, it was all in English. Qin Yuye even took the initiative to lean in and read it with the passenger in the front seat: "Oh my, Wanmad Hotel Group. It's a very large company in North America. Mid-to-high-end hotels aren't considered very high-end, are they?"

It wasn't particularly high-end, but Wei Dong found it intriguing: "I need to pick up Wu Xi now. You guys discuss it first. This hotel group is essentially investing in RMB from the foreign car company. The foreign car company and the hotel's profits will continue to be invested in opening new hotels in China. I think it's a solution in these years of tight foreign exchange. But we need to decide whether we should be the joint venture partner. Let's go."

After saying that, he reached out and touched his daughter, gesturing for her to follow.

Let's go back to 212 and start our journey.

After catching up in the car, Qin Yuye gestured smugly: "Have you noticed that he's actually not stubborn when it comes to making business decisions? From North America to Shanghai, I've been trying to make decisions for all kinds of businesses myself, and he doesn't insist on having an inviolable authority."

Dong Xueqing was used to it: "What's so special about this? I've always been like this. Is this hotel group very big? I have to look up some of the technical terms in the dictionary."

Qin Yuye glanced at him and said, "Don't worry about the wording. These details are handled by lawyers and accountants. You see, his lack of foreign language skills doesn't affect his genius. I'm saying we can't let these other things disturb his thinking."

When Dong Xueqing put away the fax, she noticed that her niece was leaning against the back of the driver's seat, listening intently.

He immediately shifted the focus: "Hehe, do you understand? Do you like doing things and doing business? You want to work with your younger brother in the future and be Dad's good helper!"

Qin Yuye looked at her again: "This is very difficult. Many siblings have bad relationships, but I have experience in getting them to get along well."

Only Zhuoma was taking care of the child, gently supporting her to prevent her from falling, but the little girl on the plateau definitely didn't have the same focused thinking as Xiaodie.

Fengchu finally asked curiously, "Why is it so difficult? My sister and I have a very good relationship."

Qin Yuye said simply and directly: "That's because you're poor and your parents died early. Your sister's only belief in life is to fulfill the wishes of your parents and take good care of you. You've also worked hard enough to repay your sister's efforts. This is your only choice. But if you had money, you would have so many more choices."

Dong Xueqing wouldn't get angry easily; her squinting expression while listening even resembled that of someone asking Wei Dong, "For example?"

The Hong Kong girl casually remarked: "Our family was originally quite well-off, but my second and third mothers were at odds and wanted to divide the family property and money. They definitely wanted to give the best resources in the family to their own children. For example, now that there's a little opportunity, would you give it to Xiaodie or Chongchong?"

The nickname Wei Dong chose was, of course, the kind of humble name that's considered auspicious in rural areas, implying that a name can defy fate. But the formal name Xiao Cong still reflected a small hope that he would be clever and sensible, never expecting it to become his own trap.

He's still in swaddling clothes and looks like a simpleton.

Dong Xueqing replied without hesitation, "Give it to Xiaodie. I want to take good care of Xiaodie for the rest of my life. Wouldn't it be better if the conditions were better?"

Qin Yuye scoffed: "Even our modestly well-off family ended up in such chaos. Look at those wealthy families in Hong Kong. Any family with several siblings or multiple branches of the family will fight tooth and nail over them. Uncle De's family is just like that. The second son is the most powerful, and the eldest and third sons are completely suppressed. But the fourth son and Jenny are Uncle De's current wife's children, so there's a lot to fight over."

Dong Xueqing finally understood: "You mean we'll have something to fight over in the future?"

The Hong Kong girl chuckled and said, "No, because we're all young, and there are three of us. If the three of us don't maintain a balance, it's easy for it to be two against one, hahaha. Just thinking about this makes me laugh. It seems like my life is getting more and more interesting. Look at how unwilling he is, but that's the truth."

Dong Xueqing still tried to persuade him: "My sister will always come back..."

Qin Yuye said firmly, "You're welcome to visit, but Adong will not accept her back. Haven't you noticed how much he values ​​betrayal? Some things, once separated, can never be recovered."

Feng Chu fell silent for a while, and only after seeing Wu Xi get into the car ahead did he continue to ask, "So what's your plan to reconcile things?"

Unexpectedly, that darn Hong Kong girl kept us in suspense: "You'll know when I have my child and we grow up together. We'll definitely have a loving father and a filial son, and a harmonious family!"

Given that she is the eleventh sister, it is said that she has a good relationship with all ten of her brothers.

Dong Xueqing had no choice but to trust the experts.

He kept looking back at his niece, because Xiaodie's identity was really too special.

It's quite remarkable that he didn't harbor resentment or abandon Rang Weidong, given that they have no blood relation whatsoever and their only connection has been severed.

The child still clearly has an unusual demeanor.

Wu Xi could tell that the car following behind was unusual: "Oh, the whole family is going on an autumn outing. You can drop me off anywhere later. I just want to take a look. I still believe you can keep your word."

The main point was to have Wei Dong say at the symposium that he was willing to give up everything, including the docks, state-owned enterprises, and automobile company shares, and even the real estate that was springing up everywhere, in order to adopt a proletarian stance.

This has surprised everyone involved.

So from the Economic Commission to various departments, there was a sense of wanting to see if it was really true, and they demanded that the real estate project of the automobile industrial company be started immediately.

The idea was to have Wei Dong guarantee to the Economic Commission that he could secure a price-protected residential area with a price of 500 to 600 yuan per square meter, and to take advantage of this to promote the relocation of the Automobile Building and even the automobile factory.

Wei Dong asked to give the plot of land to a more remote location because he didn't want to compete with the other big shots.

Just like when he was developing real estate in Shanghai, he always went to that corner of the electronics industrial park, which was definitely the suburbs.

Even Pudong is a place that Shanghai and Shanghai look down on at this time.

Pengzhen is also on the edge of the West District Wharf, and Jiangzhou, from the Animal Village to the Development Zone, is all the former suburbs. Only Bailou benefits from the old brand name.

I never expected it to be so remote.

Following Wu Xi's directions, we ran north for quite a distance, and soon we were surrounded by rural fields.

The capital city of Heijing in that era wasn't very big, so why did they have to go so far away?

Wei Dong wanted to slap himself.

What's with the pretense of high moral character? "This is way too remote. Who would buy a house built so far away?"

Wu Xi teased him, "I heard this is a request you made yourself, so it'll be hard to fulfill. Turn right up ahead..."

Wei Dong finally realized: "This is an airport, right? It's near an airport?"

Wu Xi chuckled and nodded: "Yes, the airport is here, the canal is here, it's such a convenient place..."

Wei Dong's eyes suddenly lit up: "The Grand Canal? Is it the Beijing-Hangzhou Grand Canal? Can it now be directly connected to Jiangsu and Zhejiang?"

He has tasted the sweetness of success in Yangtze River shipping and is now working on a seaport, so he naturally has a deep understanding of this.

Yes, just yesterday we were talking about transporting the stone from Sichuan to Beijing. If it were transported by truck, who knows how much of the stone would be damaged along the way, and the difficulty of loading and unloading such heavy stone is unimaginable.

But traveling by water would be much more comfortable.

It doesn't matter if it's slow; these days, the least valuable thing is physical labor and time.

Wu Xi shook his head: "The northern section is partially intermittent, and navigation may only be possible during the high-water season."

Wei Dong nodded firmly: "That's fine too. As long as we have the resources, we can definitely do it well."

Wu Xi became serious: "Are you so sure? This is no small matter."

Let Wei Dong smile; surely the general direction of the South-to-North Water Diversion Project can't be wrong.

As the owner of a dock and container company, how could he not support the Grand Canal?

Harmony in the family leads to prosperity in all things.

(End of this chapter)