Recently I spent a long weekend in Taipei; I once traveled to Taiwan about nine years ago. At that time I was amazed by the local cuisine, but this time I had more time to get a “feel” for the city, its culture and people. What “amazed” me was the people working in the service industry. They were all so kind and pleasant: The taxi drivers, bookstore workers and also people who work in department stores, hotels and museums. The first time when I stepped outside of my hotel in Taipei and got into a taxi, the driver said “thank you, thank you for taking my taxi…” For a second, I did ..read more

When he set out to extract concessions from China and other countries, President Donald Trump assured Americans that “trade wars are good, and easy to win.” He regarded previous presidents as easy marks for devious foreign governments, and he thought his tough tactics would force those rivals to back down. But after two years of negotiations with Beijing, victory has proved elusive. What was mostly an exercise in posturing and demands is turning into a full-fledged battle that threatens to produce mass casualties. AdvertisementRemaining Time -0:22 On Thursday, the president ..read more

U.S.-China economic ties have expanded substantially since China began reforming its economy and liberalizing its trade regime in the late 1970s. Total U.S.-China merchandise trade rose from $2 billion in 1979 (when China’s economic reforms began) to $636 billion in 2017. China is currently the United States’ largest merchandise trading partner, its third-largest export market, and its biggest source of imports. In 2015, sales by U.S. foreign affiliates in China totaled $482 billion. Many U.S. firms view participation in China’s market as critical to their global competitiveness. U.S ..read more

Pegasus Fund Managers Ltd, one of Hong Kong’s leading fund management and professional financial advisory firms, is confident about the economy and markets of the Chinese mainland and Hong Kong this year as it eyes opportunities from the Guangdong-Hong Kong-Macao Greater Bay Area. “Economic growth in both China and the US is still quite strong, there is no concern of recession this year, and I believe the two countries will eventually reach an agreement on the trade dispute,” Pegasus Managing Director Paul Pong Po-lam, who is also chairman and founder of the Institute of Financial T ..read more

LG Partners focuses on affordable luxury brands and ultimately globalizing them After successfully exiting his latest tech venture in 2011, Ryan Garelick was on a United Airlines flight to Shanghai about a week later curious if he could ply his experiences in the fast-paced, rapidly-evolving tech world to an old economy business dynamic facing an uncertain future. Between inflation, currency fluctuations, global trade tensions and the appetites of consumers changing in the wake of fast-fashion brands he understood the dilemma facing Chinese capitalists exporting goods out of China. But ..read more

Roger Staeheli, who hails from Switzerland, did not pick up the coffee aroma at school or in his childhood. He majored in economics at university and was in the banking field in his early career. Nespresso’s booming business in 2005, particularly in Switzerland and France, was a clarion call to him – coupled with his “natural attraction” to food and beverage and quality items. “So, it was a natural choice for me,” says Staeheli. He joined Nespresso in 2005 as commercial coordinator before being relocated to the group’s headquarters in Lausanne, Switzerland, where he spent mor ..read more