BXBX NOVEL Chapter 1345 - Firm response
John smiled wearily. They had tried using foreign media to retaliate, but Wilson’s team had already taken over them.
John wonders how did Wilson gather so many top law firms. The only resort is through political means!
“Leave this to me. I will settle the public opinions, but you must win this case, or you will not get a single cent!”
.......
“Boss, according to the Chinese laws, there is a limit to the compensation amount. We can get around 2 billion RMB at most, and I am referring to the total of CCTV, the internet companies, Tai Hua Supermarket Group, etc. But this is because there are no precedents of higher compensations. Maybe we will get higher compensation this time. If this happens in the US, I am sure we can get more than ten times this amount.” Wilson explained.
In Feng Yu’s previous life, he had heard the Chinese compensation system is conservative and cannot be compared to overseas.
An overseas old lady slipped and fell in a McDonalds’. She sued them for 5 million USD because they did not display any signatures about the slippery fall.
A shoe company claimed wearing their shoes feels like having a pair of wings in their advertisement. The company was sued for a few million because there are no wings on their shoes.
Everyone knows this is the creativity in the advertisement. However, the court still melted out this harsh compensation amount because the jury felt the advertisement do have some problems.
“No problem. Just do what you can to get the highest amount. If not, you can lower it a bit. You did mention that some compensations are not restricted by the Chinese laws, right?”
“Some people overseas had found out that I am our companies’ legal consultant and felt you are the one behind this lawsuit. This will harm your reputation.” Wilson replied with some hesitations.
“Hahaha... my reputation? When Tai Hua Supermarket Group or those internet companies start suing them, I will still be involved in it.” Feng Yu said in his heart. They are not wrong as I am the one who started this.
“Then... I am confident to raise the compensation amount. But it will take some time as the Chinese courts do pass judgments based on overseas cases.”
“It’s fine. We can afford it.”
Feng Yu also want to drag this for as long as possible. Those companies will suffer heavier losses the longer this lawsuit is, and they will have no choice but to bow down!
Suddenly, someone knocks on the door, and Wu Zhigang entered in a rush after Feng Yu said, ‘come in.’
“Boss, some overseas government had started to interfere!”
Feng Yu frowned. What can the overseas Government do?
Some Chinese Government top leaders are also discussing this incident.
The majority of them are on Feng Yu’s side and felt commercial litigation and politics should not get involved. But some felt this incident had already been escalated to a political event, and they cannot ignore it.
Of course, they need to discuss how the Chinese Government should respond to this incident. They want to support CCTV, and the current situation is too big for Feng Yu to handle alone.
Many countries had joined forces against the Chinese Government and might escalate if they did not handle it well.
Some felt they should take the initiative and go for a private settlement. CCTV will forgo the compensation and let the matter rest.
Others felt this is giving in to the other party, and they will be greedier. Don’t forget that they are the ones who wanted to sue CCTV for compensation first.
It must be the other party to initiate private settlements. The compensation amount can be lowered slightly as 3 billion USD is too high, but they cannot forgo the compensation!
This incident had escalated to another level, and the Chinese Government must do something.
The overseas and local public opinions are on the CCTV side, and the Chinese Government has no reason to give up on the opportunity.
The conclusion from the meeting is the Government will support CCTV to sue those foreign companies. China needs foreign investments to stimulate its economy, but it should not give them special privileges.
In ancient times, China has practiced the “First-class westerners, second-class officials, third-class minorities, fourth-class Han” system, and it was an insult to them. China is different now. Although they are not one of the superpowers in the world, they are no longer pushovers.
Also, it’s been a while since China made a stand internationally.
......
“Let me answer Mr. Brown’s question on the recent CCTV lawsuit against those foreign companies. It is a commercial compensation claim. If you all think there are issues with our jurisdiction system, we can release the court hearings videos. You all can see if the hearing is fair and unbiased.”
“We had told CCTV to be more forgiving towards our international friends, and that’s why the compensation amount is lowered. If not, the amount CCTV is demanding will be higher. China does not have precedent cases and will reference other similar cases overseas during the verdict. I shall not talk about the compensation of similar cases that happened overseas as you all can search for it online. You all must also note that China’s CCTV has hundreds of million viewers, and this incident had tarnished its reputation greatly!”
“I will respond to those companies threatening to withdraw their investments in China because of this incident. China does not welcome companies that broke our law and refused to admit their mistakes! Even if you don’t withdraw your investments, we will also expel you all!”
This statement is firm but not overbearing.
When China’s media release this statement, the people celebrated. This should be the response from a strong nation.
Overseas media were shocked. When did China become unyielding? After the Chief Architect passes away, they have been weak.
The overseas media had belittled this generation of Chinese leaders.
Feng Yu switches off the TV with a smile. With the State showing such a firm stance, he will surely win this lawsuit!