After the new century, with the strong rise of China, China has also become a veritable "world factory".

Shipbuilding tonnage is the world's first, cement production is the world's first, chemical fiber production is the world's first, automobile production is the world's first, steel production is the world's first, mobile phone production is the world's first...

Although many world number ones are promoting the strong rise of China, they are also consuming huge resources.

Who would have thought that in the 1980s and 1990s, China, which had exported and earned foreign exchange, would have become the world's largest oil consumption and oil imports in the world after the new century?

In the 1980s, the iron ore that was also known to have allowed China to use hundreds of years was actually short of its limit in the new century. As a result, as China's steel output began to be far ahead of other countries and even accounted for half of the world's crude steel output, the iron ore that could have allowed China to "use hundreds of years" also became the Achilles heel of China.

It’s okay to say that oil is, after all, in the Middle East, China can import crude oil from Saudi Arabia and Iran, and in Angola, Africa, it can also import large amounts of oil. South America, Russia and Central Asia have all become regions where China imports oil.

No matter how powerful the United States is, it cannot monopolize the world's oil.

But iron ore really stuck Huaxia's neck.

There is no small amount of iron ore in China. The key is that China's iron ore is not good, has low grade and many impurities. If it is small-scale steelmaking, it doesn't matter, but once steelmaking is large-scale, the high cost of steel made from such iron ore can make people collapse.

In desperation, China could only import high-grade iron ore in large quantities abroad.

But there are so many places in the world that produce high-grade iron ore, and they are all controlled by the three major iron ore giants. So these iron ore giants have been making trouble for China over the years, but China has no other way, so they can only stare at it.

Who makes people pinch your neck?

Japan is also a major country for importing iron ore. Although it is not as many as China, its quantity is also considerable.

But as the price of iron ore increases, Japan not only does not lose money, but on the contrary, they can also make a fortune. Why? It’s very simple, because Japan’s four major consortiums control many high-quality super iron ore, and even the three major iron ore giants, Japan’s four major consortiums can deeply influence it!

Because whether it is the three iron ore giants or other second-class iron ore producers, the four major consortiums all occupy a large number of shares!

Among them, the most profound layout is Mitsui Products.

As we all know, the production sites of high-quality iron ore around the world are mainly concentrated in the Iron Quartet area of ​​Western Australia and Brazil.

In Western Australia, Japanese companies can be seen almost everywhere. Among the 24 major iron ore in Australia, Japanese companies focus on investing in 8 and 16 stakes. Even giants like Rio Tinto and BHP have been deeply penetrated by Japan.

In Brazil, Vale is undoubtedly the largest iron ore giant, but even such a giant iron ore producer, Mitsui Products also controls 18.4% of its shares.

In Chile, India, and South Africa, as long as high-quality iron ore can be produced, Japanese people, especially Mitsui Products, are indispensable.

Therefore, even if the price of iron ore in the world increases, Japanese steel companies will reduce their profits due to the price increase of iron ore. However, they cannot withstand the chaebols like Mitsui Products that hold a large number of shares of iron ore producers, which can make a fortune while the price increases of iron ore will then subsidize the profits earned to steel companies in China!

No matter what the perspective is, Japanese steel companies will not lose money.

If iron ore prices do not increase, Japan's steel companies will benefit. If iron ore prices increase, Japan's four major consortiums will benefit, and in turn will feed back to Japan's domestic steel companies, and Japan will also benefit.

Therefore, regardless of whether the price of iron ore increases or not, Japan will benefit from it!

Only China has suffered.

Yang Jing has traveled through time since the future. Of course, he knows how uncomfortable it is to be stuck in China by those major iron ore giants. In severe cases, it can even affect China's economic fundamentals.

In the past, I didn’t have the ability to do so, so I could only watch the country suffer huge losses. Now that I have this ability, Yang Jing certainly would not allow this situation to continue to happen.

Although Yang Jing could not do anything before taking over the Dragon Fund in full, this could not stop him from starting his layout from now on. Once the layout is completed, then when he takes over the Dragon Fund in full in the future and cooperates with China's strength, the situation of China being slaughtered by foreign iron ore giants will be completely changed!

The four major Japanese consortiums have begun to deploy the iron ore industry around the world for a long time, among which Mitsui Products has the deepest and widest layout.

As early as the early 1970s, Mitsui Products began to invest in Brazil. At that time, Mitsui Products invested in CMM and occupied 40% of the shares.

Just a few years later, in 2001, Vale was preparing to acquire CMM, but Mitsui Fosco had already received news. They bought 60% of CMM's voting shares from the Frering brothers, the grandson of CMM founder. With the 40% stake in it that Mitsui Fosco completely acquired CMM.

After Mitsui Materials completely acquired CMM, it sold half of its CMM shares to Vale, helping the latter to successfully control CMM.

Mitsui Products does this, on the surface, seemingly giving Vale helps in vain, but in fact, Mitsui Products' layout is far more than that.

After the successful cooperation, Mitsui Products not only provided products and technologies to Vale, but also actively provided financial assistance to the latter to help the latter expand its business scope. The two parties also had very close personnel exchanges. For example, Mitsui Products sent someone to serve as Vale's account manager and led Mitsui Products' account management team to station in Brazil to promote various businesses with Vale on the spot.

Finally, in 2003, Mitsui once again acquired 15% of the shares of Brazil's Valepar S.A. - the parent company that controls Vale!

At the same time, Mitsui Property finally acquired 18.4% of Valepar S.A. with the help of this 15% stake, becoming the second largest shareholder after the Brazilian government.

Although CMM is not small in scale, compared with Vale's 18.4% stake, the value of the latter is far greater than the former.

This operation of Mitsui Products is a typical example of using small profits to make a big fortune, but it was a success.

Mitsui Products has done a lot of operations in India, Chile, and South America in Australia.

Mitsui Products finally completed its global iron ore layout with such an operation that seems to be ineffective!

According to the information obtained by Yang Jing from the future, the shares of iron ore producers controlled by Mitsui Products are on average equivalent to 8.4% of the shares of iron ore producers around the world!

In other words, just one Mitsui Products controls almost one-twelve of the world's iron ore production!

This is definitely an extremely terrifying number and an extremely terrifying layout method!

No wonder Japan is never afraid of the price increase of iron ore. Because regardless of whether the price increases or not, Japan is the ultimate beneficiary!

Now, the layout of the four major consortiums in Japan in terms of iron ore has not been finally completed, but at this stage, with the arrival of a wave of large-scale merger of world mining companies, Japan is also accelerating this progress.

They also know very well that taking advantage of the opportunity of the arrival of the world's large-scale merger wave of mining companies to accelerate their layout is obviously a matter of twice the result with half the effort, so they are now starting to accelerate.

But what they probably didn't expect was that a financial storm that had been brewing for a long time would interrupt this process, and this was Yang Jing's good opportunity.

The erosion plan was carried out and unfolded in secret. Now it has been almost done. Now there is a good opportunity to rob the previous erosion plan. It is like making buns. In the end, you need to get a pinch to finally wrap the buns.

And Yang Jing wanted to use the Asian financial crisis that will begin next year to get this last one, and finally swallow Japan in one bite and carefully prepare a decades-long iron ore layout!
Chapter completed!