Global business

Business story by Ellen Sheng

China’s largest eye doctor chain is looking to expand to the U.S.

Forbes, June 9, 2017
Aier Eye Hospital is hoping it can replicate some of the success it’s had in China overseas. While Aier will need to make many changes to its business strategy to suit the U.S. market, it intends to follow the same philosophy that set them apart in China – favoring rural markets and small cities over saturated metropolitan areas.
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Business story by Ellen Sheng

An Uber model for manufacturing is ready to upend the industry

Quartz, April 8, 2017
Under a model known as distributed or on-demand manufacturing, companies are meeting small businesses’ manufacturing needs in much the same way Uber meets the needs of passengers looking for rides.
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Business story by Ellen Sheng

How to manage cultural differences in global teams

Fast Company, January 12, 2016
In today’s globalized world, it’s easy to assume that everyone speaks a common language. Yet managers leading global teams find that there are still a lot of communication minefields stemming from cultural differences.
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Story by Ellen Sheng

Canadian designer calls Hong Kong home

Women’s Wear Daily, July 2, 2013
In a city better known for its appetite for buying fashion rather than producing it, Marie France Van Damme is something of a rarity here. Originally from Montreal, Canada, Van Damme has lived and worked in Hong Kong for 30 years.
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Story by Ellen Sheng

Taiwan revives its manufacturing sector

Economist Intelligence Group, June 27, 2013
After losing manufacturing jobs to China for two decades, Taiwan hopes to lure manufacturers back to the island. Rising labor and materials prices are making China less attractive and pushing some manufacturers to seek other shores. The Taiwanese government, like others in Asia, is working hard to woo companies with various incentives.
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retail-mecca

Retail meccas: Hong Kong

Women’s Wear Daily, May 20, 2013
Hong Kongers often say that the main attractions in this densely packed city are eating and shopping. But lately, it seems the focus has been more on shopping. So far, 2013 is shaping up to be a busy year for Hong Kong retail, with openings every month.
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Global business story by Ellen Sheng

New China rules could hamper luxe

Women’s Wear Daily, July 12, 2012
As concerns mount over China’s economic slowdown, luxury executives might have to contend with another piece of news coming out of the country that could dent sales. This week, the Chinese government unveiled new rules barring government agencies from purchasing luxury items, goods or commodities “above certain standards,” according to state-run media.
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Story by Ellen Sheng

Making peace

A Plus Magazine, March 2011
A new ordinance may boost Hong Kong’s development into a regional arbitration hub. Accountants are training to take advantage of the opportunities.
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Story by Ellen Sheng

Mongolia weighs wind for China

The Wall Street Journal, Sept. 1, 2010
Mongolia, one day, hopes to export more than just coal to neighboring China. At a recent cabinet meeting, Prime Minister Sukhbaatar Batbold outlined plans to ramp up the country’s investments in alternative energy and to export wind power to China — enough to equal 40 million tons of coal.
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Photo credits from top: Aier Eye Hospital, Jakub Skfiriak, Fast Company, Women’s Wear Daily, Economist Intelligence Group, Women’s Wear Daily, iStockphoto, A Plus Magazine, The Wall Street Journal