America: My Time

Chapter 1037 New Cooperation
Chapter 1027 New Cooperation
"Jimmy, you should head back now. Don't linger any longer; such an opportunity is truly rare!" John said as Jimmy came to say goodbye, a faint smile in his eyes.

“I don’t have the same freedom as you. You know I need to go back and report everything to my boss. We’ll have time to discuss it later. Besides, I heard there’s going to be another cocktail party on Wall Street. Aren’t you planning to go back soon?”

John shook his head and said, "I really don't have such thoughts. What those guys think is their own business. You know my focus is on real industries, not finance. Hurricane Investment isn't as crazy as they are. Besides, I don't want to go back and cause trouble for Donkey. After all, I still have to give that president some face and not embarrass him too much!"

John wasn't lying; this was his honest thought. If he went back now, what would Donkey's guys think? What would that guy, Zipperton, think? Donkey might even think he was going back to slap them in the face. It was better to stay in China. Besides, there were some things to take care of in Japan!
However, John wasn't in a hurry to go to Japan. He'd only go when those guys got impatient. Besides, John believed it wouldn't be long before the Japanese realized his dissatisfaction. Mitsui's compensation had been paid, but some guys hadn't reacted at all, which John couldn't accept!

Although John didn't care about the Japanese opinions, that was only in his heart. However, he still needed to be prepared on the surface. Now he wanted to let those Japanese guys know his dissatisfaction and the consequences of their mistakes. As long as they heard what he said, everything would definitely come to a conclusion, and those guys would definitely give him a satisfactory explanation.

"Alright, then I won't say anything more!" After understanding John's thoughts, Jimmy didn't say anything more and took his leave. There were still many things to deal with in the United States, and those guys from Donkey's team needed his reports, and his boss also needed to hear John's ideas.

As for the ideas of Oil Capital, they were not within Jimmy's consideration. As a member of Morgan, he didn't care about those guys' thoughts at all. After all, no matter how many ideas those guys had, they had to restrain themselves in front of Morgan.

After Jimmy left, John couldn't help but breathe a sigh of relief. Although he hadn't gotten enough benefits from Rockefeller, Westinghouse Electric's rapid acquisition was still a good result. Moreover, after Westinghouse Electric completed the acquisition, good news also came from Deutsche Bank: Zeiss accepted ASML's acquisition and was willing to follow ASML's changes.

There was considerable internal opposition within Zeiss before, as those German guys were quite stubborn. Now that they've finally accepted it, this is the best outcome, since Zeiss has a lot of the technology John wanted.

John originally wanted to wait a while longer before considering his plans in China. However, not long after the Spring Festival, Chinese personnel proactively approached him to discuss the matter. Upon learning that John had acquired Westinghouse Electric, China expressed interest in cooperating with him. After all, Westinghouse Electric possessed highly advanced technology, and China currently has a significant demand for electricity. Western Energy, as an industry giant, is also very powerful. Previously, Western Energy was one of the leading gas and electricity companies in the United States, and now that it has acquired Westinghouse Electric, it has further fueled China's desire for cooperation!

John was naturally open to cooperation, and he was well aware of China's enormous demand for electricity and energy. Soon, China would need to import more resources and would shift from exporting to importing. Although John's chemical investments in China had changed the country's development, the impact was limited, given how vast China was.
"In principle, I have no problem. I don't know what your thoughts are. Do you want to cooperate with Westinghouse Electric on technology or other aspects? If it's about investing in building a factory, I can only say that I'm sorry, but Western Energy has no such plans in the short term. We don't have that much capital to invest. Right now, we need to invest our precious funds in the research and development of the next generation of core industries. For a long time, Western Energy has not had the funds to make new investments!"

Now that John has acquired Westinghouse Electric, he is under considerable financial pressure. Moreover, Westinghouse Electric's acquisition of uranium mines also requires some investment. Such integration requires a lot of capital, so Western Energy is not able to continue to expand its investment and plant construction in the chemical field in the short term.

Quantum Mining's sale of its uranium assets is not only to provide Westinghouse Electric with sufficient resources, but also to make more investments and accelerate its layout in the mining industry. After all, John has noticed that the Japanese are accelerating their investment and acquisitions in South America. It seems that the Japanese have also felt the calculations of Oilfield Capital. Sumitomo and its partners have discovered the other party's layout in copper futures, so they are increasing their own resources.

Unfortunately, while the Japanese had good ideas, their ambition to control the entire market was a joke. If they had known when to stop, things might have turned out well. But they were too greedy, or rather, too arrogant, believing they could rival the oil giants with their limited resources. They failed to consider just how greedy and insane the oil giants were, and how a clash between these two greedy entities would inevitably lead to a cataclysmic battle! Knowing the actions of the Japanese, John accelerated his expansion into Quantum Mining, requiring more capital investment. While Quantum Mining offered decent returns, its cash flow wasn't strong. The gold from Quantum Mining wasn't being actively traded, thus limiting its cash flow.

Upon hearing John's words, the Chinese personnel were not disappointed; it was all within their expectations. After all, John's series of large-scale acquisitions must have put considerable pressure on their own finances. Therefore, they did not expect John to invest in building factories in China. What they wanted was technological cooperation, especially in nuclear power and electrical technology. At that time, China still had many shortcomings in the power sector, while the Americans were at the forefront of the world.

“Mr. John, we are looking to cooperate with Westinghouse Electric in the fields of power technology and nuclear power. After all, with the continuous development of China, our demand for electricity is increasing, so we hope to cooperate with Westinghouse Electric.”

"Nuclear power?" John immediately thought of nuclear power. Westinghouse Electric's greatest strength was in nuclear power and electrical technology!
"Yes, but we have access to some of the technology." Compared to Europe and the United States, where nuclear power construction has entered a slump, China is just beginning. Moreover, cooperation between the two sides is very beneficial to Westinghouse Electric, at least allowing Westinghouse Electric to emerge from its slump.

John is different from those Americans; he doesn't care about technical issues, and the Donalds won't make things difficult for him at this time. After all, it would mean restarting the confrontation, and he believes the Donalds won't do such an unwise thing. Moreover, nuclear power is no longer feasible for the United States, at least not for a long time, not to mention Europe.

“I personally have no problem with it. But since it’s a collaboration, why don’t we go a little deeper? Westinghouse Electric doesn’t have its own construction team, while nuclear power plants need highly professional construction teams. Perhaps we can cooperate in this area and establish a joint venture. As for technical issues, that’s not a problem. Westinghouse Electric can provide support. Moreover, if our cooperation goes smoothly, we can fully enter the international market. With China’s labor costs and Westinghouse Electric’s technology, we can use lower prices to seize more market share!”

Westinghouse Electric still has its own power generation business, but John has no intention of selling this division. Although a new integration is needed, it will not develop in the future direction, but will focus on the development of energy, electricity, and electrical appliances. As for uranium mining, it is their greatest asset, after all, they have now obtained a world-class uranium mine from Quantum Mining.

In fact, John also intended to separate the gas generator sets from Pratt & Whitney and integrate them into Westinghouse Electric to avoid wasting R&D funds. After all, the acquisition of Westinghouse Electric has been completed, and it would be better for Westinghouse Electric to handle the electricity and gas aspects entirely, which would also be conducive to the specialization of the industry.

John's proposal was accepted by the Chinese personnel, but more discussion was needed, which required professionals. John was not a professional, so he would not be involved in the subsequent negotiations. Instead, Western Energy would take over. Western Energy has now gone a step further and is once again involved in the US power industry.

Soon, China accepted John's cooperation proposal. After all, it would benefit both sides, and Westinghouse Electric's technological reserves were indeed much stronger than China's own. Moreover, if China could obtain Westinghouse Electric's technical support, its development in the power sector would be faster. Therefore, the two sides hit it off immediately and began to make contact and negotiate.

There are no problems in China, but the situation in the United States is completely different. Westinghouse Electric was acquired by Western Energy, which made those power and gas companies exclaim in alarm, feeling like they were crying wolf. Especially now that Gulfstream Aerospace is also rumored to be splitting up and selling Pratt & Whitney's generator projects to Westinghouse Electric, it is even more shocking!
(End of this chapter)