Is There Any Trace Of The "Running Tide" Of Shoes And Clothing Enterprises In China?

When a person is in a desperate situation, he is not going to risk it.

Coincidentally, these two outcomes have been fulfilled in Wenzhou.

Wenzhou people have nothing to do with the tradition of "adventure" and "hold together". They are not afraid of losing more. There is a resolutely natural spirit. Coupled with bright brain, hard work, solidarity and mutual help, the rise of Wenzhou's private economy has been created.

However, thirty years later, Wenzhou is also not the Wenzhou of the day, but the two fine traditions of Wenzhou people are beginning to fade away and foreshadowed the crisis.

Around 2001, the "Wenzhou buying group" became famous overnight, such as "wife's house watching" and "media viewing groups". Wenzhou people even liked to buy houses, so they could buy the whole estate and even the community.

In contrast, Wenzhou's real economy is going from bad to worse.

Since then, business owners have sold their factories and turned to the property market.

The reason is that starting from small commodities such as lighters, buttons, switches and so on, the hardships of industry have been well known, and not enough to afford the increasingly prosperous wealth of the new rich class. The Wenzhou people who believe in "money generating money" do not like to speculate in stocks and buy bonds, but feel that "houses are real".

Cash flows into the housing market, while pushing up the price of housing, leaving the fragile economy and the heart of industry.

Since then, in 2004 and 2009, two rounds of real estate investment boom broke out in Wenzhou.

The hot spot of real estate investment has shifted from Shanghai and Beijing to Southeast Asia, the Middle East and Hainan.

A Wenzhou boss built a China Light Industrial City in Vietnam's Manjie street and bought all the shops in Wenzhou's hometown. At least six of the ten Wenzhou people in Kampuchea were engaged in real estate investment; in 2004, the Dubai Jesus Island Villa with a bid price of 9 million 600 thousand and the Wenzhou people were the biggest customers.

In 2009, Wenzhou people became the main force of "Hainan Island's fever".

With it, the manufacturing industry is shrinking.

In 2009, under the economic crisis, Wenzhou lighters enterprises were reduced to more than 100, and hundreds of shoe enterprises went bankrupt. "Shoe king" bully group collapsed, and the shoe factories were shut down and shut down. Shoes enterprises everywhere in Longwan district were like empty cities.

The heart is no longer.

In the manufacturing industry such as shoes and clothing, countless Wenzhou bosses worry about money. At this time, the tradition of "tug of arms" and the nature of capital seeking profit have created a complex pattern of private finance, and the spirit of adventure has encouraged them to borrow and operate.

The interest rate of usury is very high, which is far beyond the profit of the business, knowing that a dead person has no choice.

Perhaps they had already discussed it. Once the capital chain is broken, the creditors will be forced to borrow money.

Nowadays, the spectacular Wenzhou boss "run the tide" can not help but recall the 80s Hongkong movie. A group of desperate people, such as a dog, fled to hide and move, but the protagonist turned into a businessman. They should have presided over the production in the factory, but now they are wandering around like a disciple of rivers or lakes, or even dead. Is it their tragedy or the sorrow of the times?

It is interesting to note that in 80s, too, the newly wealthy Wenzhou boss had a surprise event.

One day in June 1982, Hu Jinlin, 25 years old, stroll around the streets of Liushi town to see the banner of "cracking down on crimes committed in the economic field". The loud trumpet that he heard for three or four years began to crack down on speculation. He had just paid 17 months' tax and he had a premonition that things were not good. He closed the door of the market department and took his new wife out.

Two weeks later, Hu Jinlin returned safely, and the cadres told him that "from now on, we must not go out, we must be on call and wait for treatment".

The situation is pressing.

In a dusk in July, a good town cadre shouted, "no way, it's going to rain cats and dogs!" when Hu Jinlin rode through Hu Jin Lin's house, "he heard clearly in the room. He immediately brought out 500 Jin grain stamps, 2000 yuan of cash and various documents that he had already prepared. Even his wife had not had time to tell them not to rush away.

At 12 o'clock that night, the police car roared, and Hu Jinlin had escaped from Liushi.

Two months later, the Ministry of Public Security issued an arrest warrant for Hu Jinlin, the hardware king, on the charge of "speculation and speculation" and "seriously disrupting the economic order".

Hu Jinlin traveled all the way to the north and fled to the deep mountains of Northeast China.

Two years later, in January 15, 1985, he quietly returned to Liushi for the Spring Festival and was arrested that night.

The next morning, the Yueqing county radio station broadcast the "great news" to the whole county: "Hu Jinlin, the national economic criminal, the first of the eight kings, was arrested."

Hu Jinlin was put into the single chamber of the felon. He was disheartened and even prepared for the death penalty. Who knows, 66 days later, the situation improved and was acquitted.

During the two years of Hu Jinlin's Exodus, the other seven kings in the eight great kings came to the same goal.

Cheng Minqing, the "miner king", was first arrested. He was bound up in the public trial conference and accepted the battle.

Ye Jianhua, the king of catalogue, was told to talk to the hotel when he washed his feet, and he was cuffed at the door.

Zheng Yuanzhong, the "Electrical Appliance King", fled for 20 months, wandering dozens of provinces and cities, and eventually went to jail.

"Coil king" Zheng Xiangqing, "contract king" Li Fangping and "king of the old goods" Wang Mei Qian have also been arrested. Only the "screw king" Liu Dayuan did not go to jail, the cost was three years of fugitive life, even with the beggar rush to eat, when home, haggard, friends and relatives do not dare to recognize.

After rehabilitating, "eight kings" did not reappear in that year.

Liu Yuan Yuan later turned to precision welding. Wherever he went, he carried a waist bag with his ID card, bank card and 4000 yuan.

He said, "this is for my time to walk or fear."

When this is said, Wenzhou's capital flows to the property market. Liu Da Yuan will not think of it. After many years, the descendants will still be able to avoid this old road.

Looking back, in a business environment lacking security, what can we do besides pferring assets and preparing to run at any time?