<strong>Chapter 1346 – Showing the graciousness of a strong nation</strong>


    After the Chinese Government made the statement, John and the representatives of the otherpanies received instructions from their headquarters to settle for a private settlement with CCTV immediately.


    China is a massive emerging market and has high potential. Thepanies must not give up this vast market. Manypanies felt the Chinese market would grow bigger, and this is a critical market for them.


    How can they withdraw from the market they spent years opening up? Threatening to withdraw from China is only a bluff.


    China has always given in to such threats in the past, but this trick did not work this time.


    Some representatives were reced by theirpanies immediately.


    This shows thepanies’ attitude of trying to downy this incident to the Chinese Government.


    “Boss, theirwyers, want to meet us for a private settlement,” Wilson reported. “This is to our benefit. We can save on thewyer fees and get the most out of it.”


    Feng Yu rolled his eyes. We have promised to pay them this amount. How can we take back our words? Furthermore, we are not the ones paying.


    “The representatives of thosew firms must also be there for the private settlement. We cannot shortchange them, and you should speak to Station Chief Jai instead of me. You are representing CCTV now.”


    Wilson quickly replied. “Someone has reported to Mr. Jia, and I believe you have your inputs for the settlement.”


    Station Chief Jia called. “Manager Feng, the other party wants to settle this privately. Should we agree?”


    “We can agree ande together to discuss. Thepensation amount can be lowered but cannot be too low as we need to pay ourwyers. You can tell them that the intepanies and Tai Hua Supermarket Group will not sue them if they are willing topensate. Thepensation can be lesser.”


    “Ah... then you are at a disadvantage.” Station Chief Jia replied.


    Chief Jia is willing to ept this oue as CCTV stands to gain from it and show its powers. He knows Feng Yu does not mind getting lesserpensation as his annual earnings are much more than that.


    “Alright. You don’t need to be so modest. But do you know how to negotiate for the private settlement?” Feng Yu asked.


    “Shouldn’t it be ourwyers negotiating about the settlement?” Station Chief Jia asked.


    They had spent so much money to hire thewyers. Why should he attend the negotiations himself? He can just show his face and let thewyers handle the rest. Furthermore, he cannot face those overseas bloodsuckers, although CCTV has to negotiate numerous contracts annually. Thosewyers were unfazed when they heard CCTV is trying to im 3 billion USD from thosepanies, unlike him.


    “Chief Jia, have you asked the higher-ups for their opinions?” Feng Yu hinted.


    “I asked. They say this is amercial dispute and will support us as long as we did break anyws.”


    “But the higher-ups still need foreign investments, and we should give them some ck.”


    Chief Jia understood what Feng Yu is saying. “Are you asking me to y good cops, bad cops, with thewyers? Thewyers will force them, and I step in as the good guy?”


    “Of course. You must be the good guy. You are not only representing CCTV. You are also representing China. We must show the graciousness of a big nation.”


    Chief Jia: “......”


    You demanded such a high amount, and you are talking about being gracious?!


    You are the one who started this, and why did you sue them if you want to be gracious?


    “How muchpensation is suitable?” Chief Jia asked.


    He is concern about how much money he can get out of this settlement, as this is considered his political achievements.


    “Chief Jia, I will offer you a small suggestion. It would be best if you surrendered thepensation to the higher-ups. Don’t forget the purpose why we sued them. It is to get back our domestic brands, and we need money to buy back the shares from them.” Feng Yu hinted.


    “Manager Feng, are you saying that you did all these is to get the money to buy back our domestic brands?”


    “Of course. I am doing this for our nation.” Feng Yu rubbed his nose. He had only wanted to create some trouble for thosepanies to lower their brand value initially.


    But Zhong Qingxian reminded Feng Yu not to get involved immediately after things blown up. He should let others buy back those brands. The Chinese Government has started to pay attention to domestic brands recently, and they should know how to handle it.”


    Tai Hua Holdings will ‘help’ only when the Government doesn’t have the money to buy those brands. This will prevent from being seen as trying topete with the Government to gain benefits.


    Feng Yu thought about this, and he doesn’t want the higher-ups to think he stirred up all these to acquire a fewpanies.


    He had done this in good faith and did not want to be misunderstood.


    “I know what to do. I will discuss this with the higher-ups, but this will lower thepensation amount further.”


    “You must make sure that thepensation of at least onepany is not lowered by too much. Thatpany will be used as an example for otherpanies in the future. Of course, you can give them some benefits privately.”


    Those foreignpanies will think twice if they are going to acquire Chinese assets in the future. Feng Yu will also not continue to find faults with thosepanies if they don’t profit from nationalist sentiments.


    Foreign investments are weed if they do not have ulterior motives. Feng Yu has also expanded his overseas businesses aggressively, and no one had targeted him.


    Feng Yu told Wilson to coordinate with Chief Jia to show China’s graciousness as a big county towards thosepanies.


    Also, thosepanies must learn from this lesson and return the things that are not supposed to be theirs!