Persistence pays

Article Abstract:

Danish-born Simon Lichtenberg is one of the many foreign entrepreneurs attracted to China. Lichtenberg had problems, but persevered and discovered a successful niche, the importing of Danish-made furniture. His franchise, Bo Concepts, expanded into five cities, but was unsuccessful in two of the smaller cities. He is also facing increasing competition in Shanghai, where the number of furniture businesses has grown to around 3,000. Lichtenberg's holding company, Trayton Trading, is now involved in furniture manufacturing. Sales from the 14 Bo Concepts outlets totalled $4.2 million in 1996.

Furniture and Homefurnishings Stores, Furniture & Furnishings Stores, Furniture and Home Furnishings Stores, China, Management, Furniture industry, Lichtenberg, Simon, Trayton Trading

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Work in progress: booming Shanghai's urban renewal has been spectacular, but it's far from complete

Article Abstract:

Shanghai's urban renewal has been rapid and spectacular, but it faces a few challenges such as the widening gap between rich and poor, a complacent manufacturing sector, the property glut, and the under-developed financial services industry. The city's wave of national growth only started in 1992, and helped by foreign investment, its GDP grew around 13% a year. This helped to stop young and well educated Shanghainese seeking opportunities further afield. Office rents are now lower, encouraging more foreign investment and other parts of the local economy are developing quickly.

Shanghai, China

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Call home: New Delhi reforms lure Indian businessmen in U.S.

Article Abstract:

Indian-Americans and expatriate Indians in the US are showing a resurgent interest in doing business with India as its barriers drop and their own ambitions become international. Amar Bose of Bose Corp and Samir Desai of System Resources Corp are both seeking an Indian base, Bose after running afoul of bureaucratic pitfalls in an earlier attempt. Many Indian executives in the US trained in MA, and a large number remained there to found or rise within high-tech companies.

United States, Foreign investments, Investments, India, Indians in the United States, Indians (Asian people)

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