Chapter 398 This must be photographed!
"Patent authorization?"

"Yes, I think there are some areas where we can authorize cooperation."

"Because in some places, business and politics are deeply intertwined. If they really pirate, it will be very troublesome for us to sue them."

"For example, countries in Southeast Asia and the Middle East have a certain level of spending power, but their internal markets are not free markets. They are almost all about monetizing power."

"I think we can make a profit through licensing cooperation."

Li Changhe nodded. In these places, not to mention now, even in forty years, there is no business freedom. It is all powerful and wealthy capital.

"You guys can handle these. Since I've made you the president, you don't need to ask me for permission on such matters."

Li Changhe then spoke to Wei Er Si.

"In fact, suitcases are just a small industry. The real big business is clothing. How are you doing in the clothing sector?"

Compared with suitcases, Li Changhe obviously prefers affordable clothing.

"We are already doing this. Bosak has set up a special design department. As for production capacity, on the one hand, Bosak has its own factory. On the other hand, we have reached an OEM agreement with a state-owned garment factory in China. In the early stage, OEM will be the main focus."

“And then the collaboratively built factory is still moving forward.”

"What I am considering now is, should I pay in US dollars or Hong Kong dollars?"

"It's mainly the domestic exchange rate. To be honest, it's too"

Wells shook his head helplessly when he said this.

In the past, the domestic exchange rate was mainly anchored to the Soviet ruble. Later, the confidential "basket anchoring" method was used, anchoring to the pound sterling, mark and US dollar. It was not until 79 that the RMB began to be mainly anchored to the US dollar to set the exchange rate.

However, because the RMB is not affected by market supply and demand and cannot regulate foreign trade, this has created many loopholes in the exchange rate.

For example, the exchange rate fluctuations between the RMB, Hong Kong dollar and US dollar are different.

The official exchange rate of RMB to USD is 1.5 to 1, which is obviously inappropriate. Even if it is reduced to 2 to 1, the actual value is not equal.

This pitfall not only makes overseas companies dissatisfied, but also domestic companies suffer.

Because of this exchange rate difference, domestic companies are now losing money on export trade, while import trade is making money. Domestic export companies are also complaining.

Wells calculated that it would be more cost-effective to pay with Hong Kong dollars, because the Hong Kong dollar now has a free exchange rate against the US dollar and is slowly depreciating. One US dollar can now be exchanged for 6 Hong Kong dollars.

"Forget it, let's use US dollars."

When Weiers asked this question, he was actually asking for Li Changhe's opinion, but Li Changhe rejected the idea of ​​using Hong Kong dollars.

He knew that by October, the top leaders would make changes and two mechanisms would appear: the foreign trade exchange rate and the official exchange rate. The foreign trade exchange rate would be 1 US dollar to 2.8 RMB, and the official exchange rate would be 1.5. In fact, it was a disguised way of making the foreign trade capital exchange rate equal to the Hong Kong dollar.

This also gave rise to the future famous exchange rate speculators.

"We will use U.S. dollars for the time being. If the exchange rate does not change for a long time, we will switch to Hong Kong dollars for settlement. However, I think they will notice this."

Li Changhe added another sentence to Wei Ersi.

After all, companies also need to make profits. Although it is Li Changhe's own company, he also has to consider the mentality of his subordinates.

"By the way, does Bosak have any spare manpower at the moment?"

Li Changhe asked Wei Ersi again at this time.

"Extra manpower? That's too much."

"I'm still thinking that if we lay off a large number of people, it will also be a problem for our costs."

Laying off employees means losing money, and keeping them without using them is also a loss. For Wells, this is a problem that must be solved.

"I think it's better to consider expanding into new industries rather than cutting back."

"In addition to affordable clothing, you can go back and arrange for some people to set up R&D bases in Europe and the United States to develop sports equipment!"

Li Changhe suggested to Wei Ersi at this time.

Wei Er Si was a little surprised when he heard this: "Sports equipment?"

"Yes, for example, sports shoes and sportswear are not our main business at the moment. We will invest some money temporarily to absorb our remaining manpower."

"I am very optimistic about the future global sports market, and this is our early layout."

"Moreover, the price premium of sports products is very high, and its profit margin is actually not low. The global sports market is still relatively sluggish, so it is a good opportunity to enter the market first."

The sports market has not actually recovered yet in this era, and Nike has only started to operate its own business in the past two years. Before that, it was an agent for Japanese sports shoes.

Now that Li Changhe has appeared, it is natural to make arrangements first.

According to his consideration, if Farol can make Red Bull successful, then he will hand over the sports products line to Farol.

Letting Wells do it now is just to lay the foundation.

Wells naturally didn't understand these ideas now, but since his boss gave him orders, he just did as he was told.

"Okay, I'll go back and make arrangements!"

The two then talked about other work, and then Wells got up and left.

He didn't have time to chat with Li Changhe. Next, he had to visit the markets in major cities across the United States.

After Weiss left, Li Changhe was too lazy to go out. It was a bit hot outside today, and even though there was a sea breeze near the sea, he didn't want to move.

However, by the next morning, Li Changhe was indeed a little bored. He didn't have to do the business. The team assigned from Chicago could go directly to the New York Stock Exchange and cooperate with the people from Manhattan Bank.

As for Su Haiwen and Farol, one went out to meet a friend early in the morning, and the other went to recruit.

"Ah Hu, King Ming, let's go, let's rent a car from the hotel and go for a walk!"

Li Changhe called Ming Wang and Ahu and planned to go out for a walk. The hotel has business relations with the car rental company and can provide vehicles to customers at any time.

"Sir, are you going out?"

At the hotel front desk, after completing the car rental procedures for Li Changhe, the beautiful blonde girl asked Li Changhe curiously.

"Yes, I plan to go shopping in New York today!"

Li Changhe smiled and nodded.

The girl looked at Li Changhe and the other three, hesitated for a moment, and then took out three masks from under the front desk.

"Sir, if you go out, you'd better wear a mask. The air quality outside is very poor today."

At this time, the girl seriously reminded Li Changhe.

"Huh? The air quality is bad?"

Li Changhe looked outside at this time and saw a light mist floating in the sky.

"You mean the fog outside?"

"Yes, that's not ordinary fog, that's smog, which is harmful to the human body. You'd better wear a mask when you go out."

The girl nodded and explained to Li Changhe.

After all, he was a VIP guest of the hotel, staying in a VIP suite, and he was so handsome, so the girl felt obligated to remind Li Changhe.

Li Changhe was shocked after hearing this. He thought it was sea fog outside.

Oh my god, this turns out to be smog?

"By the way, do we have cameras for rent here?"

"Sorry, this hotel doesn't have any, but there's a store on the right that sells cameras."

"OK, thanks!"

Li Changhe and three others were about to leave when Steven came out of the elevator. Seeing Li Changhe and the others walking out, he immediately followed them.

"Master Ze, are you guys going out?" "Yes, I'm bored staying in the room and want to go out for a walk. Steven, are you going out too?"

"The company has an office in New York, and I'm planning to go over there to take a look at the recent performance. Do you want to come with me?"

Steven invited.

"Forget it. It's not convenient for me to interfere with your business. But do you need us to drive you? We are just going out for a stroll anyway."

Li Changhe said with a smile.

"Is this convenient?"

Steven asked hesitantly at this time.

"As long as you don't have other plans, we're fine. We're just hanging out anyway."

"Let's go!"

Afterwards, four people got in the car. This time Li Changhe did not let Ah Hu drive. The US car was a left-hand drive car, and Li Changhe drove it easily.

On the way, Li Changhe also learned of Steven's intention. It turned out that he was going to conduct a surprise inspection, so there was no car to pick him up.

"By the way, Steven, you've been in the United States for a long time. Is this kind of smog common here?"

Li Changhe stopped at a traffic light at this time, looked at the smog floating outside, and asked curiously.

Steven smiled and nodded: "A lot, we see each other quite often. New York is okay, but Los Angeles is awesome."

"If you want to buy a house in Los Angeles, you must pay attention to air purification. The smog there is very serious, much worse than New York."

"I've been in the United States for more than ten years, and the weather has always been like this. The government passed the Federal Clean Air Act two years ago, but unfortunately not many people paid attention to it."

"In Los Angeles, they said that car exhaust is the main cause of smog, and asked all cars to install exhaust purification. Unfortunately, no car owners responded. I heard that only six car owners installed it during the previous government propaganda. It became a joke."

Speaking of this, Steven talked a lot and complained about the weather pollution in the United States.

Li Changhe listened with a smile, and at the same time saw a shop on the roadside and bought a camera.

"Master Ze, are you buying a camera to take pictures?"

"Well, go out and take some pictures."

Li Changhe responded casually.

Wow, this heavy smog day in the United States, of course we have to commemorate it.

Twenty years later, if any public intellectual criticizes or praises smog again, Li Changhe will take out the photos and slap him in the face.

After putting Steven down, Li Changhe and the others started taking pictures around New York.

The Empire State Building is surrounded by smog, and passers-by are wearing masks and looking hurried along the way.

Li Changhe even went to the observation deck on the top floor of the Rockefeller Center to take a panoramic view of Manhattan from the sky.

During this period, Li Changhe also found some newspapers and took pictures of some news reports complaining about the air.

In the afternoon, after returning to the hotel, Li Changhe called Catherine.

"Catherine, develop the photos in the camera and put them in a file box with these newspapers. Label them so they will be useful in the future."

"Okay, boss!"

"By the way, Mr. Jim from Manhattan Bank is here. He's waiting for you in the cafe downstairs."

Catherine reminded Li Changhe.

"I see. I'll go down and find him right away."

Li Changhe then went downstairs and came to the cafe.

"Hey, Vic, I heard you were out for a walk today. I think you should ask me to be your tour guide!"

After Li Changhe walked in and sat down, Jim spoke to him enthusiastically.

"Too bad you have to work today!"

Li Changhe responded with a smile.

"Actually, it's my job to receive you. By the way, where did you go today?"

Jim asked curiously again at this time.

Li Changhe casually said: "I walked around Upper Manhattan and Midtown and took some photos."

Jim nodded: "The weather is not very good today, I will take you for a walk another day."

"But tonight, we have to go somewhere nice first. Come on, I'll take you clothes shopping first!"

"buying clothes?"

Li Changhe knew that there was a pool party today, and he was dressed casually, so why did he still need to buy something?
"Today is a pool party, you should at least buy a swimsuit and a beach shirt, right? You can't swim in this casual outfit."

Jim said to Li Changhe with a smile.

Li Changhe frowned slightly: "Actually, I don't want to swim!"

"Yeah, you don't want to, but those hot babes definitely want to swim with you. A billionaire from the East is enough to drive them crazy!"

"Let's go. Even if you don't want to swim, at least you have to prepare, just in case!"

Jim took Li Changhe out of the cafe and saw Ming Wang and others at the door.

"they are?"

"My bodyguard!"

Li Changhe said concisely.

Jim was stunned for a moment, but then he smiled and nodded: "Well, you can take it with you, but you can only rest in the guest room."

Then Jim took Li Changhe out of the hotel and drove to a store.

While Li Changhe was choosing a swimsuit and beach pants, Jim came over, took out a box of Durex and threw it into Li Changhe's hands.

"Bring a box of this tonight and use it when playing with those little babies. After all, for many of them, if they can get pregnant with a billionaire's child, it will be enough to make them worry-free for the rest of their lives."

"They might break the ones in the villa, so it's best to prepare a box for yourself."

Jim winked at Li Changhe and reminded him.

Li Changhe shook his head: "I can't use this thing!"

"Okay, I'll take it. When the time comes, you must remember to ask me for it!"

Jim thought Li Changhe was shy, so he put the money into his pocket with a smile.

Seeing this, Li Changhe shook his head.

It seems that the United States in the 80s was already very open.

Then, Jim drove and took Li Changhe all the way to a building in Manhattan.

They don't come here to party, they come here to take a helicopter.

Tonight’s party is held in a manor house in East Hampton, Long Island. It’s quite far from Manhattan and the drive there will be very long.

So Dennis directly prepared a helicopter to pick them up from the air.

Sitting in a helicopter, flying over the bustling sky of Manhattan, the group soon arrived in East Hampton, Long Island, and then slowly landed on the lawn of a manor.

(End of this chapter)