A Promising Youth novel Chapter 25

After the lengthy opening remarks, the Economic Summit Forum got down to business.

Leaders took the stage in turn to speak about the advantages of R City and the economic direction and investment advantages of R City.

The most interesting thing was that the last leader to speak. As soon as he spoke, there was “laughter” throughout the room!

Because his first sentence was,

“The future direction of the economy in JB City will be dominated by the financial and service sectors!”

Hearing this, even Clara couldn't help but smile.

“JB City is a big rural area. Without doing well in agriculture, he wants to go straight to finance and services?”

Not only Clara, but many local investors around, followed the discussion.

“Does he really take us investors as fools?”

“This leadership is the most unreliable I've ever seen!”

“I've been fooled by them twice, so this time no matter what he says, I will not buy the lands!”

And the leader on the stage, indeed, talked a lot and gave a sketch of the future city plan of JB City,.

Most of the leaders could not bear the investors' uproar and ridicule, got up and left. Only the leaders in charge of JB City were still on stage to ‘fool around’.

But I continued to look carefully at the sketch plan on the screen. It was quite elaborate.

“Heh, it is the same planning map of JX District.”

“But have you noticed that this plan is more elaborate than any before?”

“What's the point of that?

I have been fooled twice, so of course I have to be careful this time.”

Then it was the land auctions of JB City, but of course only a small portion was auctioned off and it was commercial land.

There were very few people offering price and the investors who took part in were from other cities. They were rich and joined in with a gambling interest. It would be happy to make money, but it was not a big deal to lose money.

I used 20 million borrowed from Sienna auctioned off 100 acres of commercial land in the name of the Blue Butterfly Company.

“Are you crazy?

It is 200,000 an acre of farmland. What are you buying it for?

Besides, do you have the money?

It's a penalty for breach of contract if you don't pay for the shot!”

Clara was freaked out and pinched my arm hard.

“Sis, it is only 200,000 for an acre of commercial land. It is cheap, and it is crazy not to buy it.”

I said looking at her excitedly.

Clara bit her lip and looked at me with special seriousness and said.

“Matteo, I'll tell you again, this is all a set-up!

They take land from farmers with only a few tens of thousands of acres. But when it is converting farmland into commercial land, they sell it to investors for hundreds of thousands of dollars. The money gets ripped off, you know?!”

When she finished, she pulled me up and hurriedly walked out towards the door saying,z

“Let's go to Uncle Lau now and ask him to intercede with the leader. We're not buying the land. Be nice and give the leader cigarette, got it?”

I plucked her arm away and smiled with extra gratitude.

I said holding back a laugh.

“Shame on you!”

She turned to leave.

The Economic Summit had been held for 3 consecutive days, followed by local businesses in R City had in-depth discussions with investors on cooperation.

Because I borrowed the money, Clara was more active than ever, dragging me to investors from all sides and constantly talking about financing.

The clothing was designed and produced by us, so we won the favor of many investors. Coupled with the introduction of Director Lau, in three days, we talked to a lot of investors.

I thought I would be able to pull off the financing, but I didn't expect there was no a company willing to work with us after three days.

It was one of the bosses from out of town told us the truth.

“Miss Clara, according to the research in the past two days, we found that your company is too chaotic internally, with scattered shareholdings, infighting at the top, relatives interfering and social scum as shareholders. All the big investment taboos can be found in your company, so even if your products are good, we don't dare to invest!”

After hearing this, Clara was all dumbfounded, and my eyelids kept twitching.

Maybe I was naive and didn't know the company in depth. I thought I could impress the investors by the product, but I ended up overlooking such a fatal company flaw.

Master had said that being educated did not mean being experienced, and that I had much to learn in society.

What was even more annoying was that when we had just arrived at the plant in the afternoon, a group of women came at us in rage!

“You bitch, who told you to take our stake and divide it?!”

These people were relatives of Clara's family.

The disowned relatives!