Inside the conference room of Leader Ling.
Sitting on a soft sofa.
Wangsa seemed a bit constrained at this moment. Last time he came with Tang Kai, having a companion lessened his nervousness. However, this time he ventured solo into someone else’s territory with an obvious purpose. Upon seeing the chilling and intimidating aura radiating from Ling, he felt a bit daunted.
He felt Ling seemed somewhat different from his previous encounters, there was a sense of distance.
Little did he know that it was because Tang Kai was with him the previous time. Who was Tang Kai? He was Tang Qing’s uncle. Naturally, those under Tang Qing dared not act recklessly. Tang Qing was their living deity, and Tang Qing’s relatives are considered their own. Aside from that, everyone else was just a commoner.
Especially when dealing with Ling, who had already advanced to a Level Three Fighter. His emerging life field induced a biological instinct of fear in Wangsa, making him uncomfortable. However, he only thought it was due to the atmosphere of the meeting.
Swallowing his saliva, Wangsa forced a smile and said, "Leader Ling is indeed a promising young man, very imposing."
"You’re too kind, Governor Wangsa. Let’s get straight to the point. I’m aware of the reason of your visit, and you also possess something we need. Why not be frank and state it directly?" Ling replied nonchalantly.
Upon hearing Ling’s words, Wangsa felt as if he were speaking with his own father. He quickly nodded and said, "Yes, Leader Ling, I won’t beat around the bush. I think you already know why I am here. It’s about your Myanmar Bank, and I wonder what effect it will have on our future transactions."
What he was truly worried about was whether this trading relationship could be sustained.
"Great, let me be blunt as well. We also have something to discuss with you, it’s about the settlement of our transactions. As you observed, the merchants in our territory have mostly accepted Asia Dollar. We’re actively promoting the widespread use of Asia Dollar to fully replace the previous foreign currencies. However, when our merchants purchase goods from your side, they still need to exchange for foreign currency at the Myanmar Bank border branch.
Therefore, for the sake of facilitating commercial activities, I have a suggestion. You could also open an Asia Dollar account here. Merchants can directly use their bank cards when purchasing goods from you. We can provide card-swiping equipment for free. Settlements could be done every fortnight or monthly, with any currency you choose. What do you think?" Ling said calmly.
Before this conversation, Tang Qing realized an issue that lay ahead. Every cross-national benefactory measure requires the hard work of many people behind the scenes. It’s not as simple as just giving a heads-up; it entails numerous negotiations and discussions, sometimes lasting years before an agreement is finally reached.
After hearing Ling’s words, Wangsa lowered his head to carefully consider. Doing so wouldn’t result in any loss for him, it would merely change the daily cash transactions to a half-monthly settlement, similar to the settlement method he previously used for large-scale transactions like cement and rebar. This was not a big deal, it wouldn’t affect his business and might even streamline many things. The only risk was the acceptance and value of the currency.
However, he believed Ling wouldn’t default on payment, so he decided on the spot: "Leader Ling, I can agree to this. No problem."
"Good, thank you, Governor Wangsa, for your understanding. Rest assured, security and currency stability of our bank won’t pose any issue. If you incur any loss, we will compensate you in full. Governor Wangsa, we’ll soon undertake bigger scale procurement activities and we’ll need your support. In return, you can represent us to sell our goods." Ling then introduced the second objective of today’s meeting.
That was to look for agents for their high-tech products.
If the sole purpose was to make money, these products have many ’dumping’ channels. After all, with full control over the entire industrial chain, the price of components at every stage could be minimized. Excluding the added costs of each company’s expenditure on research and development, tax, patent fees, profits, and other stages, an electronic product costing one thousand yuan at the factory could be reduced to nearly two hundred within the territory. This was a price calculated by the scientists in the Command Room. It was incredibly insane.
This would be the path for the future development within the territory. Starting from imitated products, it’ll begin a solid financial base, then progressively research and develop the core technology of each part. By then, be it exporting single components or whole products wouldn’t be an issue.
And this is just for electronic products. Other industrial products will also be gradually developed. After all, Rome wasn’t built in a day.
As for the ’dumping’ channels, why are there so many? That’s because of the presence of teleportation nodes. If one node is unworkable, the Command Room can’t store products. Currently, there are two teleportation nodes that can ’smuggle’ goods to any place.
Africa would be a great choice. It’s a vast market where the only concern is price. When the price is pushed extremely low, it’s tantamount to dumping.
My products are even cheaper than your production cost.
Who could resist such an impact? Plus, the legal framework there is not mature enough to pose a threat to competitors. For now, Tang Qing wanted regional influence, so he planned to straighten things out near his home before deciding whether to venture into that faraway market based on the needs.
"Your goods?" Wangsa asked, puzzled. He was outspoken; what could this ’small’ place have that he needs? He really couldn’t think of anything. Tang Kai was already dealing with the gems and jewelry business, could it be food products? How ridiculous, would Thailand ever lack food? That would be a joke, considering Thailand is the world’s largest rice exporter.