How did a rural child who couldn’t afford to go to school become the executive vice president of Taiwan’s largest computer equipment company? And when his entrepreneurial venture failed and left him penniless, how did he manage to make a comeback? This is the story of Taiwanese businessman Mike Tseng, who went on to win ...
The culture of a nation tends to influence how business is done in that country. Chinese culture has been dominated by ideals of Confucianism and more recently communism. Understanding China’s complex business culture of the country will be extremely useful for anyone looking to close a deal in China. The business culture In the past, ...
Ever since the Trump administration decided to act against Huawei’s 5G global expansion due to security and health issues, the Chinese company has found it difficult to find a market in the West. In the UK, the government is deliberating on whether to allow the firm to set up its domestic 5G network. And it ...
The Hong Kong Exchanges and Clearing (HKEX) group recently put forward a £32 billion (US$40 billion) takeover bid for the London Stock Exchange (LSE). However, the board of the LSE rejected the offer and stated that it saw no merit in further engagement with HKEX. About seven years ago, HKEX bought the London Metal Exchange, ...
American Factory is a Netflix documentary backed by Barack and Michelle Obama’s production company, Higher Ground. It documents the life of American workers in a Chinese-owned U.S. factory. The ‘American Factory’ documentary In the U.S., employees work an average of 8 hours daily. Anyone who works more than the stipulated time is given overtime pay. ...
With China showing an increased interest in Ukraine, the United States has been concerned about how Beijing might manipulate the Eastern European nation. The latest tussle between the two superpowers centers on a Ukrainian aerospace company called Motor Sich. Blocking the takeover Motor Sich is one of the largest airplane and helicopter engine manufacturers in ...
The Washington Post recently shocked U.S. readers after it published an 8-page advertising supplement that listed the achievements of the Chinese communist government. The paper has previously been criticized for publishing pro-China content by Falun Dafa practitioners. Is The Washington Post a mouthpiece for Beijing? The supplement, China Watch, came with a disclaimer that stated ...
Being a successful entrepreneur is not just about having money, ideas, or connections. It also involves another critical element — mindset. A weak mindset can not only hold you back from realizing the full potential of your business, but it can also block you from even taking the first steps to finding fulfillment. How to ...
Ren Zhengfei, the founder of Chinese tech company Huawei, has stated that the company will need to build an “iron army” to overcome U.S. restrictions and keep the business growing. He made the observations in an internal memo to the company’s employees. Huawei’s problems President Trump announced a series of sanctions against Huawei after it ...
After almost a decade in court, Google has decided to settle a lawsuit that accused the company of privacy breaches for collecting people’s personal data without their consent through its Street View program (between 2007 and 2010). The settlement will require the company to pay out US$13 million as compensation and also mandates that all ...
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