<strong>Chapter 1338 – What are they trying to do?</strong>


    “What? Our advertisements which we bought the advertising slots at high prices are taken down?! Why?!”


    “Mr. John, CCTV’s replied that our advertisements are false advertising and had vited the advertisingws.”


    “Damn! I demand CCTVpensate us! We will blow up this matter. This way, our products will gain more exposure and also getpensation of double the advertising fees!” John shouted.


    “This has already blown up because CCTV is demandingpensation from us. ording to the contract, if CCTV’s reputation is affected because our advertisements had vited the advertisingws, they can demandpensations from us.”


    John is speechless. How can CCTV do such things?! They are a foreignpany, and this might affect diplomatic rtions.


    Isn’t China trying to attract foreign investors to develop its economy? Who will dare to invest in China if they do this? Is this what CCTV wanted, or is it the higher-ups who gave this order?


    “Oh, many otherpanies are in the same situation as us. They include daily necessity chemical products, food, medicine, health supplements, etc.”


    John frowned as these products are from different industries.


    “Are those products’ advertisements taken down because they had also vited the advertisingws?”


    “Yes. CCTV had issued a statement on their website, and Sina, Sohu, and many other intepanies had also taken down our advertisements and are demandingpensation from us.”


    John clenched his fist, snapping the pen he was holding into two.


    “Inform our legal team to prepare. We will challenge CCTV and those intepanies in court. Also, get in touch with thosepanies who are affected. We must team up with them.”


    After John’s subordinate left, he immediately called his headquarters to report this matter. This matter is too big for him to handle, and he needed hispany’s headquarter support.


    After reporting, John went to the City Government to seek the local authority’s support. If thepany is affected, the local government will also suffer from lower taxes and unemployment.


    John doesn’t believe the local authorities will not support him. If he is pissed, he will shift thepany to other cities. Many local governments had wanted him to set up thepany in their cities. He had picked Shanghai because the local government had offered good subsidies in the past. But many cities are making better offers now.


    The otherpanies that were affected are also doing the same thing. None of them had expected this to happen.


    .......


    “Manager Feng, can we win thiswsuit?” Wang Zhixi asked worryingly.


    Wang Zhixi is not familiar with thew, but he felt it was unreasonable to do this.


    “Don’t worry. We will not lose. We will turn it into a long-termwsuit and drag it to three to five years. It will be enough to kill them. Maybe, it will not take that long. Thesepanies cannot withstand such losses.”


    “Losses? Why would there be losses? They can y victims to gain sympathy from theizens and get the local government to pressure us. Are we going to fight against the government?” Ma Huateng asked with a frown.


    “Who says we are going to fight against the government? We can also speak to the local governments. Do you think the local government will listen to them or me? I can also give the local governments what they promised, but they might not give the local governments what I offered.”


    “Also, thesepanies had yed dirty tricks in their joint ventured contracts to gain control or shelved our domestic brands. Do you think the local governments are not angry over this? Do you think they did not regret to hand over the national brands to foreigners?”


    “We had no choice during that time because we need to get foreign investments. But did those foreigners fulfill what they promised? Those leaders, whom they tricked in the past, all want to kick these capitalists out.”


    During the time, these foreignpanies had promised the Chinese Government Officials for the joint venture. But they had not stuck to their words and used the loopholes in the contracts, threaten the local government, and other ways to force the government to give in.


    Since you all had done these, we will also do that to you!


    “Furthermore, who says we are unreasonable? We are doing this ording to thew. What’s wrong with demandingpensation ording to the contract when they had vited the regtions? I will handle thiswsuit with my legal team. I will let them know the Chinese are also capable of using thew against them!”


    “Manager Feng, if you forced them to withdraw their investments, what will happen to thosepanies and their workers?”


    “I will take over thepanies, and I can guarantee that they will not close down. They will even do better than now.”


    They looked at each other and shook their heads. Feng Yu is not doing these to acquire thosepanies. With his wealth, he can just buy them at high prices without all these troubles. All of hispanies had done this when they are expanding.


    They don’t know what’s there to gain for Feng Yu from doing all these. Going through all these troubles to acquire thesepanies? It’s not worth it.


    The representatives from those foreignpanies had gone to look for the local government leaders. Still, none of them managed to see them. The leaders imed they are too busy to meet them.


    The representatives can tell the local government knew about this before it happened, which made things moreplicated. Why are the local governments willing to give up theirpanies’ taxes and jobs and force them to shut down?


    If theirpanies shut down, the local government will also suffer losses. They must take care of the mess thepany created.


    Hmph! You all tried all means to please us to get our investments, but now, all of you are avoiding us!


    These foreignpanies’ representatives had forgotten they had not fulfilled any of the promises they made in the contracts and slowly take over thosepanies’ assets. This had crossed the line.


    Those leaders are afraid the employees and people know they had sold the factory away. Many employees still thought they are working in a joint venturepany, and it’s the City Government who calls the shots. But the factory is already fully owned by a foreignpany!


    Do the local government leaders think they can avoid the representatives? The representatives have ways to force them to meet them!