Hong Kong has just been named the World’s most Livable City according to EIU. It even beats Singapore (N0. 22), a surprise to many!
The main point seems that most residents here choose to live in the city,thus leaving vast suburban areas green and eco-friendly…
With other recently awarded titles like “Best Business City in the World”, “World’s Greatest City”…Hong Kong is fast becoming the “paradise” on earth?
With a rising middle class, China certainly has the potential of becoming a top global market for consumer goods. However, many foreign businesses only find themselves exiting it soon after arrival.
1.Absence of unbiased Feasibility Study before plunging in
2.Lack of understanding of Local Market and Culture
3.Blanket implementation of Management and Marketing Practices from home without proper adaptation
4.No Mid and Long -term Strategy, just trying to make a fast buck
5.Failure to do as the Chinese do while in China…