After the plane landed at the Capital Airport, the old overseas Chinese discovered that what Fan Wubing said was not a fool.

There were at least dozens of people coming to the airport to greet Fan Wubing. After getting off the plane, there were indeed several government officials, such as the head of the Overseas Chinese Affairs Office of the State Council, etc. These people contacted Fan Wubing in advance and said that there were important overseas Chinese arriving on the same plane, so they rushed over.

Fan Wubing solemnly introduced the old overseas Chinese to everyone, and then arranged for a special person to accompany the old man to visit and play everywhere. At the same time, he allocated funds and accompanied him to his hometown to donate to build a school ancestral hall.

As for himself, after receiving the old overseas Chinese, he began to hand over the ore samples to domestic experts in ilmenite mixed ore for identification. At the same time, he had to consult relevant technologies to see if the other party was really possible to separate ilmenite.

Not long after, this information was implemented. The other party did have this new technology, and it was a technology that no company in the world did not have. Their technology source is the chief engineer of a consortium of one of the largest metallurgical companies in Europe and the chief prospector of one of the three world's mining giants. The technical level is still very high, but the only flaw is that this technology has not been actually used. The R&D risks are very high, and it is likely to become a bottomless pit or fail in R&D, and then it will lose all its money.

In fact, the other party wants to build this separation factory and ask Fan Investment Group to pay for it. In fact, it is just transferring risks. If it succeeds, they will make money. If it fails, then the one who loses money will naturally be Fan Investment Group.

Fan Wubing also considered that if it operates in a commercial venture capital manner, it would be possible to gamble, but it requires both parties to know the matter, rather than letting Fan's Investment Group pay for the money and only get iron ore. That pitiful 1% return is also a huge risk uncertain return.

This is because Fan's Investment Group has never lacked cash, foreign exchange, as well as funding sources. Otherwise, if Fan's Investment Group is an ordinary domestic enterprise, it will definitely be difficult to make direct foreign exchange investment. Once an investment like a letter of credit is used, the risk is very high. If you lose all your money, the other party can take the agreement and say that they are really investing and ask Fan's Investment Group to pay back the money. If you don't pay back the money, it will really become a letter of credit fraud.

So they will ask the company to borrow money, as if the company has limited liability, but it is actually China's unlimited liability. Such high-risk investment in technology research and development is often very conservative. The actual expenses are several times the estimated. For example, there are many fishing projects in some domestic projects. You can get the bait first and then you can't invest in the subsequent investment. For investments that are almost certainly like this, the financial ability of ordinary companies cannot afford it, not to mention that the business environment like Africa cannot suppress all their value.

Another point is that after Fan Wubing returned to China, the expert team in Africa obtained information after investigation. They said that they were rampant in mining in Africa, commercial espionage and commercial bribery were much more powerful than China, and that lawyers with an hour worth of 10,000 US dollars will also be bribed.

Don’t look at his charge of 10,000 US dollars per hour, it’s nothing compared to mine transactions worth billions of US dollars, because there is no commercial reputation here. Integrity is worse than lawyers in China.

The most commonly used method is to find an expert who understands African mining laws, and the legal experts ask questions. At the same time, find a few more local lawyers in this Africa so that they don’t know each other’s existence and ask them the same questions separately.

If what they say is consistent, then it is credible. If what they say is very different, then the problem is obvious, and some of them must have been bribed.

Moreover, after exploring the minerals, the experts re-estimated the project. If the interests of titanium are calculated, the value should not be less than tens of billions of dollars.

Another fact also made Fan Wubing quite worried. As soon as he returned to China, he began to look for domestic legal resources to support him. However, he soon discovered that he could not find an expert in Africa who understands African mining law, and some scholars in the United Kingdom and the United States. Such experts could not actually apply it, because the purpose of their research was to learn from their advanced legislative ideas to build China's legal system rather than real application.

This leads to their very limited practical ability, their on-site reactions and experience are basically zero, and their theoretical level cannot be compared with overseas experts. Basically, they only have good foreign languages, so they do legal translation work, and they do not have their own opinions on legal thoughts.

If we compare competition here, they are sports theorists rather than athletes. These theorists have problems as coaches. Not to mention playing games, there are no athletes in China who can play games.

Another question is also very important, that is, if you follow the local lawyer service rules, the lawyer you consult must answer you truthfully the questions you ask. If the answer is wrong, the lawyer will be responsible, but if you do not ask some questions, he has no obligation to remind you.

The biggest problem now is that you don’t understand the local laws at all. Fan Wubing and others can’t ask questions themselves. What other projects can they do?

Chinese entrepreneurs have very little knowledge of foreign countries, and China does not have its own experts in China, so how can we not be deceived? How many years will it take to cultivate such an applicable African expert to achieve our goal? And now there is another point, that is, we don’t even know how to cultivate such experts, so we can know that it is really difficult for China to expand its soft power!

It was less than half a day since Fan Wubing came back, so Boss Zhu invited him to talk about the matter.

After meeting Boss Zhu, Fan Wubing told him about this trip to Africa, and then he suffered a lot of bitterness, which shows how difficult it is for domestic companies to go out to develop external resources.

Boss Zhu was also moved by his heart when he heard Fan Wubing's words. He said to Fan Wubing, "Our country's foreign exchange reserves have increased dramatically over the years, and the rapid economic development resources are scarce. There are calls everywhere in society to invest in overseas development resources. It seems that you can buy anything when you have money. But the experience you have come back this time gave me the deepest experience that China's soft power is insufficient. Money alone cannot solve the problem. Without the research of its own laws and its own team of experts. If you don't understand the rules of mining and market, you will be cheated of money. Without the support of the national military strength, your personal safety overseas will not be guaranteed, so how can you do business with peace of mind?"

This topic is obviously quite heavy. Boss Zhu took a break and continued, "If the country's enterprises come forward, they will face some international interference and political problems. Therefore, having money cannot solve all the problems. Money is easy to raise, but the soft power necessary to make money overseas is not a one-day effort. Therefore, China's national strength expansion is far from simple economic growth. It is a long and gradual process. China's overseas development of resources must be backed up by the growth of national strength."

Fan Wubing deeply agreed with Boss Zhu's words. This experience also made him see that some things cannot be solved by having money alone, and force deterrence is very useful at any time.

"By the way, you are so anxious to come to me, what is there to do?" Fan Wubing remembered that when he came here this time, Boss Zhu's secretary tried to urge him very tightly on the phone, so he asked.

"Well, it's also a troublesome thing." Boss Zhu touched his forehead and said to Fan Wubing. "In recent years, the economic and trade relations between China and Russia have been affected, and the situation is not very good."

"Oh?" Fan Wubing was stunned.

Since the establishment of the regular meeting mechanism between China and Russia Prime Ministers in December 1996, China-Russia economic and trade cooperation has entered a period of stable and rapid development, reaching an unprecedented breadth and depth.

In 2001, China and Russia's bilateral trade volume exceeded the $10 billion mark for the first time, and continued to maintain rapid growth this year, and the trade volume is expected to hit a new high. Now Russia is China's eighth largest trading partner, and China is Russia's sixth largest trading partner. The two countries' economic and technological cooperation in various fields is developing smoothly, especially large projects involving national economy and people's livelihood are steadily advancing, and economic and trade cooperation is showing a diversified pattern.

In August last year, China and Russia had just signed the "China-Russia Treaty of Good-Neighborliness and Friendly Cooperation". They believed that economic and trade cooperation is the material basis for China-Russia friendly cooperation and an important guarantee for maintaining the vigorous vitality of the strategic cooperative partnership between the two countries. Only by constantly actively exploring new directions and areas of cooperation, and while formulating long-term cooperation plans, and formulating specific measures for the implementation of relevant projects in various fields and solving specific problems can we ensure that China-Russia economic and trade cooperation can develop in a long-term, stable and healthy manner, and provide a solid foundation for the continuous development of the strategic cooperative partnership between the two countries in the political field.

However, according to Boss Zhu, the two sides have recently experienced few frictions since the establishment of the China-Russia strategic partnership of cooperation, and these frictions are mainly concentrated in the field of economic and trade cooperation.

"I remember when I went to Africa, it seemed that there were not so many problems, right?" Fan Wubing couldn't help but feel very curious, for some reason why so many conflicts suddenly broke out.
Chapter completed!