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China's largest private steel merchant gang earned by hundreds of thousands of people smuggling into the United States to work?

author:China Business Strategy
China's largest private steel merchant gang earned by hundreds of thousands of people smuggling into the United States to work?

  Text | Hua Shang Tao Li Wu Su

  On GDP, Fujian is not the opponent of Guangdong, Jiangsu, Shandong and Zhejiang at all, and Henan, Sichuan and Hubei are also higher than it, but why do Fujian people always give people the feeling of being rich?

  For this problem, some netizens believe that one of the main reasons is that there are many overseas Chinese in Fujian, who have made money abroad and transported it back to China, promoted local economic development, and made the local area rich, creating the impression that "everyone has money."

  The reality is indeed so, and the most typical example is zheng he's opening up to the west, that is, the small city of Changle in Fujian.

  The media has reported that there are more than 500,000 overseas Chinese in Changle, and more than 200,000 in the United States alone, who not only have a firm foothold abroad, but also have close economic ties with relatives and friends at home. Data show that around the beginning of the 21st century, Changle people remitted about 1 billion US dollars through formal channels of banks.

China's largest private steel merchant gang earned by hundreds of thousands of people smuggling into the United States to work?

  You know, Changle, like many places in Fujian, has few mountains and less land, and only a few fields per capita, and it is difficult to survive by relying on farming, so you can only be a seafarer or go abroad.

  Changle people continue to go abroad, and the huge remittances of overseas Chinese that are remitted nourish the economy of Changle, giving birth to the two pillar industries of steel and textiles, especially the steel business, and the scale is amazing.

  Changle people not only built their own steel plants, but also vigorously invested in steel plants, and established the largest commercial gang of Private Steel Enterprises in China. Netizens have calculated an account, the country's "Changle" steel plants more than 500, peak production capacity of 150 million to 200 million tons, and the national steel production leader Hebei Province can break the wrist.

  The point is that Changle people do not rely on a big guy to smash huge funds, but to the family as a link, relatives and friends have raised funds into the shares, more than a few hundred million, as little as 50,000 or 100,000, risk sharing, money to earn together.

China's largest private steel merchant gang earned by hundreds of thousands of people smuggling into the United States to work?

  To make a living abroad, to send money back to help develop the local economy, and then to invest in the steel empire, how to see it is an extremely inspirational story, but behind it is full of underworld exploitation and personal livelihood bitterness.

  This is first of all because, for a long time, it was not easy to go abroad, and most people had to rely on smuggling.

  For the Changle people, they need to hide in the container, endure the torment of extreme survival, wait for the ship to dock on the other side of the ocean, and sometimes drown due to the stranding of the ship; for the "snakehead" engaged in smuggling, this is a profiteering business.

  According to the media, in the 1980s, the price of smuggling to the United States by sea was $18,000, and by the 1990s, the price rose to $40,000, and in the 21st century, it soared to $80,000, so high that even the media lamented that "it is comparable to the profits of drug trafficking."

  You may wonder, there are many people in Changle, it is difficult to survive, how can you pay such a high smuggling fee?

  The answer is simple: when there is a need for funds, someone will provide a loan. For example, Zheng Cuiping, known as the "Queen of Smuggling", set up an underground money bank, not only borrowing money to the Chinese who could not afford to pay the smuggling fee, but also arranging for them to work in their own factories, and even these Chinese people sent money home, only need to send the US dollars to her, leaving the names and contact information of relatives, and the domestic family could receive the money she sent in two or three days.

China's largest private steel merchant gang earned by hundreds of thousands of people smuggling into the United States to work?

  Zheng Cuiping squeezed the money of her compatriots, but her heart was fierce. Among other things, the annual interest rate of smuggling fees alone is as high as 30%, according to the media, Zheng Cuiping transported more than 3,000 Fujian stowaways into the United States, even if only the smuggling fees were counted, she also made more than $40 million.

  Through zheng cuiping and these "snake heads", changle people were able to enter the United States. Among the first generation of overseas Chinese, many people will work in factories and restaurants, and Zhang Shengwang, an overseas Chinese in Changle, revealed that "the salary is very low, and some have to work two jobs and work 16 hours a day."

China's largest private steel merchant gang earned by hundreds of thousands of people smuggling into the United States to work?

  In the United States, Changle people save money and work hard, and the money they have saved is counted as the first pot of gold, and when the second generation comes to the United States, the money is used to open restaurants. At this point, Changle people have their own business, with the restaurant business getting bigger and bigger, either investing in real estate, steel, textiles, or creating an education foundation to let their children enter famous schools in the United States.

  The investment has been fruitful, and the education fund has also borne fruit. For example, in 2015, the local media in Fujian introduced that changle Zhangcun alone trained 18 Harvard graduates, and the legend of "one discipline and three Harvards" appeared.

  Seeing this, it is difficult not to be moved by the perseverance and hard work spirit of Changle people.

China's largest private steel merchant gang earned by hundreds of thousands of people smuggling into the United States to work?

  Their efforts not only bring a good life to their families, but also promote the development of their hometown and even Fujian. Today, Changle has become a district of Fuzhou City, and in 2019, it was selected as one of the top 100 districts in terms of comprehensive strength and the top 100 districts for scientific and technological innovation, and the GDP of the whole district will reach 100.3 billion yuan in 2020.

  Going out, feeding back, jumping, attacking with the group, and moving forward with the hometown, it can be said that this is the "best enlightenment" brought to us by Changle people!

  Resources:

  1. "Unveiling the "Changle Department" of the Steel Factory!" A magnificent steel kingdom", the national energy information platform

  2. "Chinese Snakehead Sinking and Floating", ELLEMEN Ruishi

  3. "Changle Zhang's Overseas Chinese "Ten Generations Together" have trained 18 Harvard students", Straits Network

  ——END——

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