Feng Yu also suggested some investment directions, such as ore smelting, information media, etc. Obama did not agree to these. These are also what the US is good at, and there is no need for foreign investment. Also, many industries in the US do not welcome foreign investment, especially Hua Xia's investment.
Initially, they planned to talk for half an hour. But in the end, both of them talked for more than an hour. Feng Yu said he had exceeded the time limit. Otherwise, Obama wanted to talk more.
For example, he asked Feng Yu to invest in electronics and electrical appliances manufacturing in the US. Didn't Feng Yu do a lot of things in the US? But Feng Yu is not interested in building factories in the US. This is because the efficiency in the US is not very high, and labor costs are very expensive. Feng Yu has already built a factory in Brazil, and Fatty Huang also has a factory there to provide OEM services. It is enough to guarantee supply to the North American market and even the whole American market.
If it is not enough, they can also transport it from India. It is still worth it after calculating the cost.
After Feng Yu left, Obama immediately asked his men to investigate the mobile telecommunications industry and ports. His team is inclined to let Feng Yu invest in the ports. This is because it will not only help the US trade, but it can also boost basic employment.
Especially after Obama saw the comparison between the US ports and Asia and Europe ports, he felt that the US ports must be rebuilt.
Nanyang, Japan, Hua Xia, Korea, Hong Kong, etc. are much better than the US. Even Taiwan's port construction is much better than the US.
It is the same in Europe. The ports are being built bigger, and the cargo ships are also being upgraded. Europe has started to produce giant cargo ships that can carry 17,000 to 18,000 standard containers. It is said that Asia is also researching on bigger ships. The future target is between 20,000 to 22,000 standard containers. They feel that this is more economical.
All the carriers are more inclined to carry more than 10,000 standard containers as it is more profitable. It is even better to carry more than 14,000 standard containers.
Currently, among the major import and export countries, the US ports are the worst. They can only dock 14,000 standard containers at the East Coast, and there are only a few berths.
However, it was obvious that the West Coast was more important to the Asian shipping route. Moreover, the US also needed a bigger port. The US, the world's largest country, could not even be compared to countries like the Netherlands and Italy.
In the past, there had been incidents in the United States where there were not enough ports. The loading and unloading speed was too slow, the efficiency was very low, and the cost was high. As a result, many ships were forced to dock in Canada, Mexico, or the East Coast. This had seriously affected the reputation of the West Coast ports.
Currently, it was still rare to see cargo ships with more than 8,000 standard containers on the West Coast of the United States. Most of them were 6,000 standard containers and were transshipped from other ports.
Moreover, its inland transportation capacity was also very poor. The efficiency of the train gates was low, the number of trains was low, the speed was slow, there were few cranes, there were few dockworkers, the yard area was not big enough, and so on.
At that time, Bush wanted to modify it, but he did not succeed. If he could implement it successfully, it would definitely bring great benefits to US shipping and import and export trade. It could reduce transportation costs, increase profits, and create many more jobs.
Currently, there were many unemployed people in the United States. Many people did not care about the type of work, whether it was hard or not. They just did not have a job.
At this time, Obama asked his men to check the shipbuilding industry in the United States. He thought the US should be the world's top. But after checking, the US does not even have one company in the top 10.
The US can build cargo ships, cruise ships, etc., but these ships are relatively small. There are still a few shipyards in the US that can build cargo ships of around 6,000 standard containers. But very few people buy those ships now as they are not suitable for long-distance transportation. Short-distance transportation does not offer the advantages of shipping.
What are so many shipyards in the US doing? They are building warships, aircraft carriers, submarines, etc. Most of the civilian shipyards are building small and medium-sized ships. The most profitable ones are yachts and cruise ships.
When it comes to the ability to build cargo ships, the US is not in the top tier. This result made Obama feel hurt again.
Feng Yu felt that there are too many arms dealers in the US. Although they can sell many warships and make money every year, it will be better if one or two of them can switch to manufacturing cargo ships.
Also, Feng Yu felt that Bush's biggest mistake was starting the war and not winning. Feng Yu had planned to spend tens of billions of USD on the military, and in the end, he spent hundreds of billions of USD every year, and there was still no results.
This war did not allow the US to show off their military might. Other than getting rid of some military equipment, only the arms dealers got the most benefits.
The public does not support Feng Yu's decision and felt that Bush had made a big mistake.
Why not use the money from the war to promote universal healthcare? There are still many poor people in the US, and they need the government to take care of them.
But the most difficult thing now is to get Hua Xia's men to control the US ports.
This is not a joke. Superman Li had participated in the bidding when Dubai Global Ports Company acquired a UK port company. But in the end, Superman Li lost to Dubai Global Ports Company.
At that time, Superman Li was still unhappy as he had lost a good opportunity to control the US ports. Although the US ports, especially the west coast ports, are not among the top 100 ports in the world, they are very important to He Huang's ports business.
But soon after, Bush ordered Dubai Global Ports Company to sell all its assets in the US to High Star Capital. This investment company is also the major shareholder of the US's leading port group.
Politics had interfered with business. It was only a port asset, but Bush claimed that it would threaten national security. Many foreign investors who had planned to invest in the US ports industry were shocked.
Now, Feng Yu had asked to invest in Hua Xia. This made Obama happy, but at the same time, he felt it was troublesome.
Will he be able to make this investment happen? What if he is obstructed? If he is not careful, it will be a huge problem. This time, it is not a small country like United Arab Emirates. It is a big country like Hua Xia.
Especially when it involves Feng Yu's investment. Once the negotiations fail, Feng Yu will withdraw his investment in the US, and the US economy will be hit hard.
The US military is powerful, but will they dare to go to war with Hua Xia?
Actually, there are some foreign shareholders in the US ports. But most of the shareholders are subsidiaries of shipping companies, and some US consortiums had invested in them.
That's why this port must not be owned by Feng Yu. Feng Yu must accept it, and the US investors must not be Feng Yu.
But if Feng Yu is not the controlling shareholder, he will not invest. Who else will invest?
At this moment, Obama is in a dilemma.
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