King Of War: Starting with Arms Dealer
Chapter 846 - 760: Striving for the Future_2

Public facilities had become their last refuge, and then the bustling areas during the day turned into gray market zones rampant with underhand dealings at night, places even the police were reluctant to visit.

Now, many in China are advocating for land privatization, even wanting to allow farmers to put their land on the market for sale and purchase.

But those vested interests would never consider what would happen to dispossessed farmers once they went bankrupt in the cities?

Once a large amount of land is consolidated and farmers are driven into the cities, what would the cities look like when Chinese enterprises do not have that many job positions for laborers?

The highest urbanization rate in the world is in Brazil, where large conglomerates and private large landowners have bought up most of the farmland.

These landless farmers entered the cities and could only build one shantytown after another on the surrounding public land.

Do you think people want to live on the mountains? That's because the flat areas are all owned by someone.

The situation for India's dispossessed farmers is even worse, because India is more crowded; having lost their land, they can only build shantytowns in the nooks and crannies around the cities.

Those characteristic shantytowns built on both sides of the railway tracks are not because those people really like it there, but because the land on both sides of the railway is public, and they would be beaten to death if they built houses on someone's private land.

'Freedom' is indeed very important, but most people in this world can't rationally control 'freedom' effectively, because most of us can't escape the hunting by business groups.

The consequence of full land privatization is that most people's land will be merged and squeezed by large corporations.

Joe Ga doesn't have a say in other places, but for China, Joe Ga thinks that all those who propose to trade farmers' land on the market and completely urbanize China should be executed.

Among these people, a part are spokespersons for certain capital, and the majority are vested interests!

Just like real estate developers and housing speculators!

They aren't breaking the law, but by fighting to protect their own interests and seeking more, they are blind to or pretend not to see the plight of others.

There's no benefit, just blindly shouting for democracy, freedom, and privatization, simply out of fullness and boredom.

China's industrialization cannot support so many laborers...

Now, as long as city dwellers do not encounter serious illness, as long as they are willing to work hard, they will have food to eat; for those from rural areas, the worst case is 'going back home to farm'.

Once farmers' lands are consolidated, so many laborers who have given up agriculture to enter the cities will first cause wages to fall, then housing prices to rise, and the cost of renting to surge.

With increasing competition, it will produce more structurally impoverished populations.

Even if you give up on industrial upgrading and revert to labor-intensive, low-end processing industries, you can barely make enough to support everyone.

Even if everyone can accept very low wages, once there is a problem in the international market and the surplus products cannot find an outlet, the result will be too terrible to imagine.

Joe Ga's car had stopped on a quiet street; in the window of a second-hand electronics shop by the road, a TV displaying a black brother from the White House giving a speech to Congress...

The theme was 'Return to the Asia-Pacific'.

Joe Ga knew that the real competition among superpowers in their respective regions had begun at this time.

China's low-end processing industry will face impact due to America's intervention in the Asia-Pacific region...

Because China suffered an unprecedented imported inflation in '08 due to the Wall Street financial disaster.

America used China's cheap commodities to lower domestic prices, and then with a massive printing of money, caused a crazy rise in prices for commodities, making China, an importer of materials, bear most of the inflation.

To prevent prices from becoming absurd, a large amount of funds poured into the real estate market and major infrastructure industries.

Prices were controlled well enough, and the stock market evaporated some superfluous capital. Still, the remaining money was too much, the financial attributes of real estate were magnified, and housing prices became absurd, which even created a tail-heavy vested interest group, leading to consequences...

The salary of ordinary folks did rise a lot, but the increase in human resource costs led to a decrease in competitiveness of low-end processing industries, resulting in many factories beginning to relocate for survival.

The trade business presided over by Joe Liang, under such backdrop, was like being soaked in a honey jar.

Joe Ga's violent opening up of the Africa and Middle East markets provided some medium and small businesses, that didn't adjust in time, with a chance to breathe and time to upgrade.

But this was still not enough...

Joe Ga could no longer be of much help, because he only had an oil field and Tubruq, an oil export port, the money was finite!

Joe Liang was even more aware of this issue than his elder brother because he was constantly 'schooled'.

From the professors at his school to the various leaders he dealt with, they were all trying to instill macroeconomic thinking in him...

Both brothers were from the countryside, but Joe Liang felt a greater sense of responsibility than his elder brother!

Because of his unique position, more than once people have sought him out for conversations, inquiring about the possibility of relocating low-end processing industries to Africa.

The most typical are high-polluting factories like those for plastics, cement, ceramics, and other materials.

And some factories producing leather goods and bags.

Joe Ga never took the bait, because his sphere of influence was simply not a good investment environment.

Central Africa, as its name suggests, is in the middle of Africa. Depending on the state of transportation there, if low-end industries cannot be absorbed locally, forget about exports; the cost of transportation will eat away all the profits.

Joe Liang didn't understand, but Joe Ga knew that those people were hinting at him to bring Kinshasa in the Democratic Republic of Congo under his control.

The Congo River port project proposed by that old industrial man from the north was key.

An outward-oriented economy is not limited to shipping products offshore; familiar to the Chinese, shipping low-end industries offshore along with capital outflows was also part of it.

Regarding these, Joe Ga was still willing to respond, but these matters required a lot of time to plan; because if the relations with America and France cannot be balanced well, P·B's troubles will be endless.

Boss Joe had so many guys relying on him for their livelihood; he had to take responsibility for everyone!

Now the most important thing is the upcoming election; if that old lady isn't dealt with, Iraq could face unforeseen changes at any moment, and P·B won't see peace in the next few years.

While Joe Ga was lost in thought, a guy in a black hoodie approached the car and gently knocked on the window, then made a gesture indicating they could move...

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