I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 201 WTO Summit: The U.S. Protests Yang Chen's Discrimination Against Chinese Consumers

The 2024 Apple iPad Pro uses the M4 chip, which is a second-generation 3-nanometer technology chip. It uses the iPadOS system developed based on the iOS operating system, has 1200-megapixel front and rear cameras, an OLED display, and supports Wi-Fi 6, Bluetooth and other functions.

256G基础版本在海外市场售价是11英寸999鹰币，13英寸1299鹰币，如果加配置还要再加钱，比如11英寸1T版本的售价是1799鹰币，13英寸要1999鹰币。

The SHpad01 uses the Six Ears chip, which is based on the Wukong chip and is designed for use in tablet computers. It uses the most advanced 3-nanometer technology and is manufactured by Sanxing.

The operating system is a PAD version of the HarmonyOS system, which offers smooth and fluid operation and a wide range of mainstream applications in the app store.

It features 2000-megapixel cameras on both the front and rear, uses a top-of-the-line AMOLED display, and is equipped with Bluetooth, WiFi, and other features.

The key feature is that it also has a "telekinesis" function that the IPD Pro doesn't have, so ordinary foreigners can finally experience the superior experience brought about by technological development.

SHpad01只有13英寸版本，256G售价2999元，512G售价3299元，1T售价3599元，2T售价3899元。

Why is it so cheap?
Because apart from the chip being manufactured by Sanxing, all other hardware and software for this tablet are provided by Sihai Electronics itself. By eliminating various hardware and software suppliers, the cost is naturally reduced.

Moreover, this product is only targeted at overseas markets, and the government provides support such as export tax rebates, so there is still a net profit of about 20% at this price.

Don't think that the government's tax breaks are favoritism towards Yang Chen. You should know that the three Sihai Industrial Parks provide 30 jobs, and the employees' wages are very high. Higher worker incomes will increase consumption, thereby driving the economic prosperity and development of Jiangcheng City. This benefit is much better than simply collecting taxes.

In short, Sihai will be responsible for developing overseas markets, and the Jiangcheng Municipal Government will provide all policy support.

Previously, the SH01 phone was not available in the domestic market, which caused considerable dissatisfaction among Chinese consumers.

Now that everyone sees that SHpad01 isn't available in the domestic market either, they're actually happy because they know what Yang Chen's next plan is.

"Boss Yang is awesome! This configuration and price blows the iPad Pro out of the water. I'm ready to spend 2000 yuan to buy the highest version."

"Help the resellers get a better deal and negotiate a lower price for the zero-dollar purchase with the black guy."

"The people of the Bald Eagle, please work harder and pay more taxes, otherwise how will you subsidize us? It is only reasonable for people from developed countries to subsidize people from developing countries."

……

Capitalists will flock to any business that offers profit.

The Sihai tablet computer immediately attracted the attention of major overseas retailers. Retailers from the Bald Eagle set up shell companies in Mosaic City to customize Sihai tablet computers.

As long as the purchase quantity exceeds 10 units, Sihai Electronics can completely customize the packaging with the customer's logo and other information according to the customer's requirements.

Prices are also converted according to the real-time exchange rate. For example, the 256G version is 2999 yuan, and the price sold to foreigners is 416 Eagle Coins. If the order volume exceeds 10 units, the supply price can be reduced to 399 Eagle Coins. If the order volume exceeds 50 units, the supply price is 389 Eagle Coins. If the order volume exceeds 100 million units, the price is 379 Eagle Coins.

If the order volume continues to increase, the price can be lowered, as long as the cost line of 300 Eagle Dollars is maintained.

After all, the current cost is calculated based on a small shipment volume. Once the shipment volume reaches several million, the economies of scale will become more obvious, and the cost will continue to decrease, which will translate into a decrease in profits.

Besides, what Yang Chen values ​​most is not making a lot of money, but deindustrializing foreigners.

When foreigners in all industries realize that buying is worse than making, the power of China as the world's only country with a complete industrial chain will be revealed. At that time, the country's international competitiveness and status will be significantly enhanced, and the lives of ordinary people will get better and better.

For Yang Chen, who is already wealthy, perhaps leaving a mark on history is his only pursuit.

Two weeks later, a wave of zero-yuan purchases of SHpad01 swept across various cities in Bald Eagle.

"Hi everyone! Need an SHpad01? The lowest version is only 200 Eagle Coins, and the highest version is only 300 Eagle Coins. You can choose any color. Guaranteed authentic, or I'll pay ten times your money back if it's fake. Or you can go to Walmart, take a picture of whichever one you like, and I'll get you the one you want. How about that?"

"Hello, my dear friends from China, would you like an SH01 phone or an SHpad01? The phone is 100 Eagle Coins, and the pad is 200 Eagle Coins. You can choose any color and version you like. I have so many records of being caught buying things for free that they could fill a hundred pages. My reputation is guaranteed, and I absolutely guarantee that they are genuine."

……

In the streets of various cities in the United States, black men will approach any Asian face, regardless of whether they are from China, and actively promote their Sihai mobile phones and tablets.

These black guys think about three things every day: selling mobile phones and tablets to Chinese people through zero-dollar purchases, which bar to go to for drinks and cigarettes after getting the money, and how to get more zero-dollar purchase orders tomorrow.

A month later, Chen Lan, president of Sihai Electronics, gave a report to Yang Chen.

Last month, a total of 1300 million mobile phones and 300 million tablets were shipped. However, according to the customer activation data monitored in the background, 800 million mobile phones and 230 million tablets were activated in China. This means that 800 million mobile phones and 230 million tablets that were exported were resold to Chinese consumers.

Yang Chen laughed embarrassedly when he saw the data. Based on a subsidy of 50 Eagle Coins per mobile phone and 100 Eagle Coins per tablet, the Bald Eagle Public Fund spent 7.3 million Eagle Coins last month on mobile phones and tablets from all over the world. The payouts from major insurance companies were at least twice that amount.

At this time, Allianz Insurance Group, the "White Eagle," was summarizing and analyzing its performance from the previous month.

Marketing Director Roberts said, "Last month we paid out another 9.8 million Eagle Dollars to mobile phone retailers like Walmart, with over 9 million Eagle Dollars going to mobile phones and tablets. This can't go on; the profits from our other businesses can't cover the losses here. We either have to stop the partnership or get them to increase their premiums."

President Phillips said angrily, "It's such a pity to give up such a good partner just because of the mobile phone and tablet business. But we can't keep losing money like this. I need to contact Walton to discuss a solution."

Phillips called Walton, the president of Walmart, and explained the situation with Allianz.

Walton replied directly, "It's no use telling me all this. As long as the zero-dollar purchase continues, I have no solution."

“Then let’s terminate the cooperation; we simply can’t afford to lose any more,” Phillips said.

Walton immediately warned, "I'm not a small family business. You'd better think carefully before you speak. We signed a 5-year insurance policy, and we've just passed the second year. There are still three years left. If you dare to refuse the policy or unilaterally terminate the cooperation, I will definitely sue you until you go bankrupt."

The Walton family's wealth is as high as 2000 billion British dollars. If they really go head-to-head with Allianz Insurance, they, with their legal grounds, could really bankrupt Allianz.

Frustrated, Phillips had no choice but to contact Federer, the head of the National Public Fund, for help.

Federer said helplessly, "You still want my help? I don't even know who else to ask for help. Last month we subsidized Chinese consumers with 7.5 million US dollars. If this continues, the public fund will really be emptied out."

Phillips said, "Yang Chen is despicable. The phones and tablets they produce have ridiculously high specs and ridiculously low prices. He doesn't even sell them in China; he only sells them to overseas markets, and then resells them to Chinese people at low prices through 'zero-dollar purchases.' He's ruthlessly scheming this whole process. If this continues, our company will go bankrupt. You have to find a solution. Either cancel the zero-dollar purchases, or get those electronics companies to voluntarily cancel their insurance services."

Federer immediately said, "Cancellation is impossible. Last time we cancelled the zero-dollar purchase program and limited it to 10,000 units per day, those blacks stopped voting for the government. Now they've tasted the sweetness of earning several hundred Eagle Dollars a day. Cancelling the zero-dollar purchase program would be equivalent to cutting off the government's hope of re-election. Raising tariffs won't work either; the zero-dollar purchase program has no cost. They sell it to Chinese people for 100 or 200 Eagle Dollars and still make a net profit. The only solution is to allow Sihai mobile phones and tablets to be sold domestically in China, and at the same time, have major courier companies control orders for electronic products. Reduce the number of courier orders for Sihai mobile phones and tablets; this will minimize our losses." Phillips quickly said, "Then you should report this to your superiors and take action immediately!"

Federer replied, "I understand, I'll report it. Just bear with it a little longer, it'll be resolved soon."

Federer quickly made this suggestion to the management, who listened to his advice and adopted it.

All of Bald Eagle's multinational logistics and courier companies have received a notification that each company can only deliver a maximum of 10 kilograms of SH01 mobile phones and SHpad01 tablets per day.

Where there's money to be made, there will always be a way to circumvent policies.

The Bald Eagle's international logistics and express delivery companies have weight restrictions on mobile phones and tablets shipped to China. So, if you transport them by land to neighboring Mexico and then send them to China, wouldn't that bypass this policy?

Personal transportation to Mosaic might be very expensive, but if logistics and courier companies transport a large truckload and then spread the cost across each package, it doesn't add much money. The sender and the courier company can each bear a small portion of the cost, which can solve the problem.

Therefore, the Bald Eagle's policy has failed. They can now only hope that mobile phones and tablets from all over the world will be supplied to the domestic market of China at low prices to reduce the demand for purchasing agents, thereby reducing their insurance and public fund compensation losses.

The WTO summit was held this year, and representatives from member countries gathered to discuss the global economy.

Representatives from other countries discussed their own economic situations and their views on the international economy.

However, the representative from the Bald Eagle family surprisingly did not discuss economic issues of their own country or other countries, but instead gave all the speaking time to Yang Chen and the Sihai Group.

"We protest against the illegal acts of discrimination against Chinese consumers by the Sihai Group and its chairman, Yang Chen!" Danny Sheis said indignantly.

Representatives from various countries simultaneously looked up at Danny Sheis, wondering if they had misheard. Sheis was protesting against the discrimination against Chinese consumers by the Sihai Group and its chairman, Yang Chen, from China.
I can understand the individual words, so why can't I understand the whole sentence when they're put together?

Danny Sheis continued, “According to our professional technicians’ disassembly and analysis, the SH01 mobile phone and SHpad01 tablet computer produced by Sihai Electronics have very high configurations, very high technological content, very high product quality, and very low prices. Based on information we’ve gathered online in China, Chinese consumers are eager to buy the official Chinese versions of these phones and tablets. However, Yang Chen, chairman of Sihai Group, is discriminating against the Chinese market and consumers, prohibiting the sale of these phones and tablets in China. This is extremely unprofessional, unethical, unreasonable, and illegal! According to WTO rules, member countries cannot discriminate against any country or region. China is a WTO member country, and Chinese companies should abide by this rule and not discriminate against their own consumers. No one can stop Chinese consumers from enjoying the official Chinese versions of the SH01 mobile phone and SHpad01 tablet computer, not even China itself!”

Oh my god, this sounds so strange, yet so passionate!
The representative from China calmly stated, “Thank you for your concern, Mr. Yi, and for your recognition of Sihai mobile phones and tablets. Our citizens are already using affordable Sihai mobile phones and tablets, and the number of users has exceeded 500 million. The highest principle of the WTO is global economic integration. Whether Chinese consumers buy mobile phones domestically or through agents in the United States, their contribution to the global economy is the same. It helps both sides boost GDP growth, so why not? Sihai mobile phones and tablets don't need a domestic version; this current model is the most effective way to stimulate the global economy.”

Sheis immediately retorted, “Of course you’re willing! The mobile phones and tablets your consumers buy from us are at prices subsidized by us. In just two months, our public fund has subsidized 13 billion Eagle Dollars, and the insurance company has subsidized 28 billion Eagle Dollars. The taxes paid by our people are being enjoyed by your people. This is unfair to us! I don’t care, Sihai Group must sell mobile phones and tablets in China, there’s no room for negotiation.”

The Dragon Kingdom representative immediately retorted, "Dragon Kingdom doesn't need anyone else to tell us how to do things. Our companies operate completely legally. The root of this problem is that you can legally purchase items for zero yuan there. Instead of addressing the root cause, you're here criticizing our companies for doing business legally—that's unreasonable! I don't care whether the Four Seas Group focuses its business domestically or overseas. We haven't interfered, so you have even less right to interfere!"

The two sides were locked in a fierce confrontation, while the representatives from other countries remained silent, not daring to utter a sound, for fear of offending these two big shots. Just because they dared not do anything to each other did not mean they dared not do anything to others.

The video quickly spread online, leaving netizens around the world speechless.

Chinese netizen Ma Jieke: Haha... Thanks to the subsidies from the US, we can now use smartphones and tablets from overseas that aren't sold in China for less money. It also lets us know that exporting to the domestic market can actually be cheaper. However, you don't understand us. We don't need the domestic version; we want to keep up with the world, so we have to use the overseas version. Also, the people of the US need to work even harder! If you don't pay more taxes, where will the money come from to subsidize us using advanced electronic products? Keep working hard, pay your taxes according to the law! I'm thinking of getting a new tablet at the end of the year; your subsidy program can't stop!

A netizen named Jimmy Holly from the White-headed Eagle forum commented: "Damn it, I'm furious after watching this video. Our country's representatives are actually so concerned about whether Chinese people can afford cheap and high-quality mobile phones and tablets? Aren't they out of their minds? But after thinking about it carefully, I'm even more furious. It's obvious they're helpless because of the collusion between zero-yuan purchases and overseas purchasing agents to steal public funds subsidies and insurance company compensation. Yang Chen is truly wicked; even Satan isn't as evil as him. We work hard and pay taxes, and in the end, he uses mobile phones and tablets to subsidize Chinese people."

A Japanese netizen, Sakata Nikawa, commented: "How can someone be so audacious?! They actually pushed the US to this point, even using the WTO summit to condemn Yang Chen and the Sihai Group. Suddenly, I don't think the Yamaguchi-gumi getting humiliated is a big deal anymore, considering they're dealing with Yang Chen, who dared to swindle the US national fund."

South Korean netizen Kim Jae-seok: What's going on with the US? Can't they even handle Yang Chen? Subsidizing billions of US dollars for Chinese people to buy Sihai mobile phones and tablets over two months—that's so pathetic. Can't they just cancel the zero-dollar purchase program? It's truly bizarre; something that would never happen in other countries is happening in the US, and there's no solution.

A netizen from the Sand Kingdom, Muhammad, commented: "I said this last year: the rise of the Dragon Kingdom is unstoppable, and its enterprises will definitely become stronger and stronger. No one can stop them from going international. They should learn from us and build good relations with them as soon as possible; that's the wise choice. Spending money on equipment and relationships is better than being helplessly robbed, right? Haha… I envy the Dragon Kingdom for having companies like the Sihai Group, and for having entrepreneurs like Yang Chen. It's so inspiring! Although I'm not from the Dragon Kingdom, after watching this video, I feel like I can eat two more bowls of rice tonight."

……

The bald eagles are bald eagles after all; they can't just let it go like that. They want to solve the problem at its root.

The fact that Sihai's mobile phones and tablets have such high specifications yet are ridiculously cheap suggests they are exploiting their workers. If we can find evidence of this, we can effectively refute them.

Therefore, the United States, together with the European Union, Japan, and other countries, formed a special WTO investigation team to investigate Sihai Electronics and Sihai Intelligent.

To support the Bald Eagle's actions, the EU also urgently passed a law that prohibits products manufactured by companies that do not strictly adhere to the 5-day, 8-hour work week from entering the EU, especially electronic products, semiconductor products, and intelligent robot products. This law specifically targets industrial products such as mobile phones, computers, memory, and chips manufactured by Sihai Electronics and Sihai Intelligent.

Zheng Kaiyang, the head of the Ministry of Commerce of China, immediately called Yang Chen.

"Chairman Yang, the EU has urgently passed a law prohibiting products from entering the EU market from companies that do not adhere to the 5-day, 8-hour work week. The US has also formed a WTO special investigation team, along with the EU, Japan, South Korea, and other countries, to investigate the production environment of Sihai Electronics and Sihai Intelligent. They're making a big fuss this time; they're definitely serious. Can you pass their investigation?" Zheng Kaiyang asked.

Yang Chen replied with a smile, "There's no company in the world more standardized than mine, so let them come. However, I have one condition: their entire process must be live-streamed on TikTok. I want people all over the world to see how my employees work and live. If they don't accept this, then I won't accept their visits."

Zheng Kaiyang immediately replied, "No problem! With our current strength and status, we can definitely get them to meet this requirement."

China has now directly criticized the improper behavior of countries like the United States and the United Nations, and it certainly has enough power to demand that the WTO special investigation team meet Yang Chen's demands.

Zheng Kaiyang immediately contacted the Chinese representative to the WTO and communicated with the WTO special investigation team. In the end, they did indeed accept the request to broadcast the entire process live.

Yang Chen immediately called Zhang Yuming and instructed, "Mr. Zhang, tell the TikTok business unit to fully promote the WTO Special Investigation Team's live stream. Also, give them full live streaming on Douyin in China, so that as many users as possible can see the live stream content."

Zhang Yuming quickly replied, "Okay, Chairman Yang, I'll inform them right away."

Yang Chen was farsighted; he spent hundreds of billions to acquire shares in Weibo, Red Book, and Douyin. In this information-explosive era, controlling the online discourse is extremely important.

Companies usually need to prepare many days in advance to welcome foreign guests for inspection, but Yang Chen's company doesn't need to prepare in advance at all. They can just show the foreigners what they usually look like.

TikTok and Douyin simultaneously promoted the news of the WTO special investigation team's investigation into Sihai Electronics and Sihai Intelligent on a large scale. Even before the special investigation team set off, it had already attracted the attention of netizens all over the world.

South Korean netizen Kim Jae-seok: Actually, there's no need to investigate at all. Why does the Bald Eagle need a reason to do things? They can do whatever they want! If all else fails, the Bald Eagle can hand over its international status to us, and we can teach you how to use that power effectively.

A netizen from Japan, Sakata Nikawa, wrote: "I'm an engineer at Honda, and I can tell you with absolute certainty that factories in China have severe overtime problems and very low wages. This WTO special investigation team will definitely gain a lot, letting the world see the true face of factories in China."

A netizen named Paris from the White-headed Eagle forum commented: "I feel quite sad that we've been forced to this point by a company, resorting to this kind of excuse to retaliate. As a developing country, China's workers' working conditions are certainly poor; there's no need for an investigation, just announce the results directly."

A netizen from the Sand Kingdom, Muhammad, wrote: "I'm a fan of Yang Chen and the Sihai Group; I've been following them for over a year. I can tell you with absolute certainty that the footage the WTO special investigation team will show you will definitely overturn most people's perceptions. Be prepared; I hope you won't be crying for yourselves when the time comes."

(End of this chapter)