Chapter: 1811

"As he spoke, Ito Hiroshi continued to lament, 'You see, many Japanese companies that were superior in various fields a few decades ago have gradually lost their advantages over time...'"

"'Look at Sony, Matsushita, Hitachi, and Toshiba back then. They were all world-class companies with products like color TVs, mobile phones, home appliances, and semiconductors. But now? They've all declined one after another!'"

"The whole world's TV production is mostly from China, offering affordable and high-value options; the global smartphone market is divided into two parts, with Apple taking up a large share in the US, leaving the rest to Chinese companies like Huawei, Xiaomi, Vivo, and Oppo. What's left for Japanese mobile phones? Even South Korea's Samsung has lost its luster, having already declined.'"

"Tanaka Koji couldn't help but express his concern: 'You're right, Chairman. We've indeed lost many traditional advantages, especially in electronic products......'"

"Ito Hiroshi sighed, 'Not just electronic products! What about Japan's steel industry? We used to be world-class, with our special steel materials even impressive to Americans. But then the Kobe Steel scandal broke out, and we plummeted...'"

"Originally, we Japanese were proud of our bullet train technology, which was unparalleled globally. We invented high-speed rail technology, and it was unmatched. But who would have thought that China's high-speed rail would surpass us, making ours as well as those of Germany and France secondary in the world? Our Shinkansen technology has also lost a significant portion of its overseas market...'"

"Tanaka Koji was still lamenting: 'Our Ito family owns shares in these companies, and they're all declining. Our assets are shrinking along with them, which is indeed a very serious problem......'"

"Ito Hiroshi bitterly said, 'It's not just that! What's most important is that our young people in Japan today are severely lacking in creativity!'"

"Look at China over the past few years, giving birth to numerous world-class internet companies like Tencent, Alibaba, Toudou, Jingdong, and Pinduoduo. And there's DJI, which dominates the global drone market with a share of over 70%. On the other hand, Japan hasn't given birth to any influential internet company! If we continue to develop like this, we'll lose all our advantages.'"

"Tanaka Koji nodded slightly: 'In comparison, those top families in China are constantly making progress with their various industries and wealth, and their influence is also growing. They now have the ability to directly compete with European and American companies, completely ignoring Japanese enterprises.'"

"'That's it.'" Ito Hiroshi said with a look of despair: "'Before, they were still chasing us, and in no time at all, they surpassed us and began chasing after America, leaving us far behind. So now we want to break through in our business, but we have to go back and please the top families in China, just as the old Chinese saying goes - thirty years of progress on one side of the river, thirty years of stagnation on the other...’"

"As he said this, Ito Hiroshi spoke seriously: 'It's precisely because we've been stagnant while China has been rapidly developing that we now need to bind ourselves tightly with the top families in China. This cooperation with the Su family is extremely important and cannot be missed.'"

"Tanaka Koji nodded eagerly, exclaiming: 'Chairman, please rest assured, I will do my best!'"

"These years of Japan's economy have been sluggish."

The next line mentions the high-ranking family, Takahashi family, who shares the same concerns as the Ito family.

Both families are now actively seeking a breakthrough, so neither of them is unwilling to bet on the top Chinese family. As China's top family, the Su family has been continuously increasing its influence over the years, and with China's rapid economic development, the Su family's strength has also been rapidly growing.

In recent years, the Su family has focused most of its energy on maintaining and consolidating its domestic market, after securing its position as the country's top family. Only in the past two years have they started to shift their focus abroad.

As a result, many Japanese families and conglomerates are eager to form deep cooperation with the Su family.

Over the past decade, China's foreign trade has continued to grow, and maritime demand has increased significantly. The construction and development of ports are extremely fast-paced. Currently, among the top 10 container ports in the world, China accounts for seven.

In today's global trade, the reliance on maritime transportation is extremely high. Almost all oil, minerals, and other commodities rely heavily on large-scale vessels.

For example, the entire East Asia and Southeast Asia relies almost entirely on massive oil tankers to transport oil from the Middle East to ports.

Similarly, the entire East Asia and Southeast Asia also relies heavily on large quantities of bulk carriers to transport iron ore and other materials from Australia and Brazil.

The Su family has been operating port business for many years, with its own industries and shares in major ports across the country. They are now preparing to build an Asian giant shipping company and a fleet of ships that can match their domestic port layout.

To establish this Asian giant shipping company, the Su family is not only investing heavily but also ready to form deep cooperation with Japanese and Korean conglomerates, giving them a certain share and allowing them to participate deeply.

It's because Japan and Korea are both developed countries, with huge maritime demands. Moreover, Busan Port in Korea, Tokyo Port and Yokohama Port in Japan, are all major ports in Asia. JrNovels.com