Foreign private equity in China is down, but far from out. For most people, having too much money in the bank is hardly a concern, particularly in the current economic climate. For those in the private equity (PE) industry, however, it’s a an unpleasant reminder of how much the world has changed since the go-go […]
Customer Service in China: Upping the Ante
Companies need to step up their service in China to satisfy the new sophisticated customer. Lining up for a table at the Hai Di Lao Sichuan hotpot restaurant in Beijing is not such a bad experience–you get served tea and snacks and can even opt for a manicure while you wait–a welcome reprieve from other […]
China’s Manufacturing Metropolises: Inside Foxconn’s Sprawling City
Why and how China will remain the factory of the world. In 1974, 23-year-old Terry Gou founded his own business on a $7,500 loan from his mother. It was enough to rent a small space and buy a couple of machines to mold hunks of plastic into television dials. In truth, what he had was […]
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