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Because Rubinstein also found that China's current related industries are still in their infancy, so the cost of entry will be very low.In addition, the construction machinery industry in China is quite scattered, almost every province has related enterprises, and large-scale investment is also quite feasible.

Not only that, but the model of casting a wide net can still be subdivided. A certain type of machinery is limited to two or three companies, which can also ensure relatively healthy competition.

Of course, the key point, the premise of all this, must be that Simon Westeros' judgment on the prospects of China's related industries is correct.

China has adopted austerity policies since 1993, which has led to the shrinking of the domestic infrastructure sector and greatly affected various construction machinery industries.According to the normal economic cycle, this can be regarded as a low period of industry, and it is the best time to buy bottoms.The Westeros system is now starting to lay out, so we need to expect China to change its economic policy in the next few years, move towards relaxation, and start infrastructure construction on a large scale.

As long as this transformation becomes true, the basic field of construction machinery will also usher in a period of rapid development.

In addition, David Rubinstein has also considered various other aspects, all of which are based on Simon's unerring judgment. Once a young man makes a mistake in his judgment, the Westeros system will invest Carlyle's 10 billion US dollars. Carlyle's follow-up of US$10 billion year-on-year is doomed to an uncertain future.

The day after the dinner, Rubinstein returned to North America to begin preparations for the follow-up.

Chen Qing also received a call early in the morning, and hurriedly left Suzhou and returned to Beijing.

The team here in Beijing informed her that the golf course and high-end villa project that her boss hoped to build at the foot of Xiangshan Mountain in the western suburbs of Beijing had progressed.

After flying to the capital in the morning, Chen Qing was immediately called to the city government for a meeting.

At first, they hoped to obtain a 2500-acre plot of land near the foot of the mountain on the southeast side of Xiangshan Park in Haidian District, but it was rejected by the municipal government, but it was not completely rejected, but it was expressed that if the project was to be approved, it needed to be moved eastward for about 1 kilometer. In other words, it cannot be built at the foot of a mountain.

Chen Qing heard a little depressed at the beginning, but it was not too surprising.

At the foot of the mountain, not to mention Fragrant Hills Park, the surrounding large area at the foot of the mountain is considered a geomantic treasure to some extent.

After all, being close to mountains and rivers is a high-quality Feng Shui pattern subconsciously recognized by most ordinary people in China.Even in the West, I have seen many mansions owned by my boss. Even if there is no Feng Shui theory in the West, the top mansions of foreigners basically have this layout.Chen Qing also realized that after careful research, the selected piece of land did not have some people's courtyard house at the foot of the mountain. Now, it still failed. Obviously, even if it didn't exist before, there should be one in the future.

All in all, the pool of water in the capital is still very deep.

The meeting, which lasted for more than half an hour, ended. Chen Qing struggled a little to no avail, so she could only decide to hand over the result to her boss.However, no matter what, such a 2500-acre super-large real estate project was approved, and the city government did not require a joint venture, it was definitely because of the face of the boss.

Near noon, after the meeting ended, Chen Qing was about to leave with her entourage when she was stopped.

Quickly changing her smiling face again, Chen Qing said to the middle-aged man who called her: "Secretary Liu, is there anything else?"

"It's like this, Xiao Chen," the middle-aged man signaled to go out together, and seemed to casually glance at Jill Pector and Zhao Anni who came with Chen Qing, and said, "The Rose Garden villa project in Changping, you guys Are you interested here?"

Chen Qing noticed the gaze of the middle-aged man, and realized that the actions here had not been hidden from the higher-ups.

This is planning to find someone to take over!

Now that the other party has brought it up and knows that the operator is Jill Pector who is with her, if she denies it, she will treat her as a fool. Chen Qing hesitated a little, but nodded and said: "I am indeed concerned, but Secretary Liu , I heard that things are troublesome?"

Chapter 1055 Birthday

David Rubinstein returned to North America on the afternoon of November 11rd, two days before voting in the 3 U.S. election.

Instead of returning to New York directly, I first contacted Cape Dume Manor to ask if I could stop by and get a response. I was also reminded that today was the birthday of Westeros’ daughter Seattle, so I urgently contacted my friends here to help choose a place. A fitting gift.

When I came to Cape Dumei Manor, I found that it was dressed up as if it was Christmas, and all kinds of lanterns and balloon inflatable dolls looked very warm.

It's just that when I saw a little birthday girl, I was not so warm, and I was a little scared.

Could it be that Stephen Hawking's "A Brief History of Time" has been reduced to the point where a 3-year-old girl can understand it?And what the little girl is holding in her hand is obviously not a simple picture version for children, but the original version.So after expressing birthday congratulations and getting a somewhat formulaic response, I couldn't help but discuss a few words with the little girl.

He was quickly left speechless.

As a liberal arts student with a background in law, after this book became popular, Rubinstein also read it as a leisure book, but unfortunately he didn't understand much.

Seeing the look of the little girl seeing through his details and turning her eyes to the book again, David Rubinstein suddenly felt that maybe he was really old.And, the Simon Westeros, probably really are aliens.

The glass curtain wall of Shell Villa.

Seeing the little girl being led away by Janet Westeros, Rubinstein glanced at James Raybould who appeared here unexpectedly, turned to Westeros again, and said with a smile: "Simon , Syl's intelligence is really surprising, but don't you think it's inappropriate to let the child develop his intelligence too early?"

Simon shook his head and said: "I have always felt that ignorance is a waste of life. If a child's IQ is average, I will not force it, but since Syl is different from ordinary people, it is okay to start exploring the world early. I have also learned that geniuses often In the course of my life, due to various restrictions, I fell into a bottleneck, and even went to the extreme of pain, but these obstacles do not exist for Seale."

David Rubinstein couldn't help but think of Newton, who turned to alchemy and theology in previous years. Why was it that the technological and resource constraints of the time prevented the scientific giant from moving forward.And these will not be a problem for Seattle Westeros just now.

Even if the little girl plans to go to Mars to take a look in the future, the Westeros family has the strength to support her in doing so.

After chatting casually for a few more words, everyone began to talk about serious business. Rubinstein talked to Simon in detail about the plan revised based on the results of the meeting with Chen Qing on the plane back.

After listening carefully, Simon nodded and said: "The plan is good. First, increase competition to promote the development of the industry. In the future, we can integrate our layout through mergers, and then operate and go public. According to the specific future industrial conditions, decide whether to cash out or hold for a long time. have."

Simon said, not forgetting to look at James who was sitting on the single sofa next to him.

James Raybould said: "There is one more important issue, technology, David, have you considered this issue? The construction machinery industry in China is very backward. If there is only funds but no technology, it will be very difficult in the short term. developed?"

"Of course, our team here has already started to operate," David Rubinstein said: "It is not easy to reach a cooperation with a giant like Caterpillar, and we may lose the initiative, but there are many second-tier companies in Europe and the United States. Third-tier construction machinery companies still hold very advanced technology compared to Chinese companies, and many companies are not doing well. We can acquire technology through direct acquisition or introduction of cooperation and transport it to China side."

"Technology transfer will definitely have obstacles at the level of Washington and other national authorities," James blurted out, and then reacted, laughing: "I don't think this is a problem for you."

Everyone knew it well, Rubinstein also laughed, nodded and said: "Of course it's no problem."

Simon said again: "Speaking of this, David, you should pay attention to the progress of the general election in China, right?"

"Yeah, I heard that Dole has given up and is doing the last 96 hours of national roadshows to canvass votes for Republican congressional candidates everywhere."

The past "October Surprise" did not show any reversal, Bill Clinton's approval rating is still Yaoyao ahead of the Republican presidential candidate Bob Dole.

Now that the defeat is a foregone conclusion, Bob Dole did not do any more useless work. Instead, starting from November 11 the day before yesterday, he launched a 1-hour national roadshow to canvass votes for Republican candidates for the Senate and House of Representatives. , hoping that his supporters will vote for Republican congressional candidates everywhere in order to ensure that the Republican Party continues to control both houses of Congress after this year's elections.

This is also the last effort of the 73-year-old veteran Republican politician for his party.

After the election, Bob Dole will announce his retirement.

David Rubinstein not only once worked in the Carter administration, but also has always been a political activist. Seeing that he really knew the situation of the general election, Simon continued: "It's like this, David, Dole's defeat is basically unlikely. If there is any suspense, I hope that after the election, you can invite the other party to join Carlyle's board of directors."

"Simon, I'm a Democrat."

David Rubinstein subconsciously said so, but seeing the young man next to him looking at him unquestionably, he hesitated a little, nodded and said: "I have no problem here, but I still need to discuss it with George and the others."

"I have already called George, including Dole, and I have had some private contacts." Seeing Rubinstein nodding, Simon was very satisfied, and said, "Actually, there is no shortage of positions at Cersei Capital, but you I also understand that this is too conspicuous, and it can only let you out. Of course, Dole’s joining Carlyle must be good for you, just like the technology transfer that is about to be promoted. Now both houses of Congress are under the control of the Republican Party. It’s such a small matter, and in the future, maybe Dole only needs to say hello.”

David Rubinstein's refusal is actually just an excuse. Since he has long since abandoned politics and started business, businessmen must of course focus on profit-seeking, not to mention the obvious benefits of accepting Dole's joining.

What he had just said was just Rubinstein's instinct to not want to lose any more control over Carlyle.

Calm down, David Rubenstein quickly returned to reality.

Fund managers on Wall Street, even George Soros, in the final analysis, are just managing money for others. Their position is still only professional managers, and the capital behind the scenes is their boss.

There is no shortage of fund managers who are proud enough to take the initiative, just like George Soros who is becoming more and more famous, like John Meriwether of Long-Term Capital Management, but these are only a few after all. Most fund managers, or I am very clear about my position.

That was the case with Carlyle.

What's more, Simon Westero's request is not too much, but it has many benefits for Carlyle. It would be unwise for him to oppose it for the so-called initiative.