It was reported this week that Didi Kuaidi, the Chinese ride-hailing operator, is expected to fundraise $3 billion from investors. Its American rival Uber, managed to raise $1.2 billion in funds, including from tech giant Baidu, a strategic...
Finland is struggling with zero growth but on the other hand China’s drop to 7% growth is practically seen as a recession. However, the growth rate is admittedly lower than in recent years. How should we understand China and its economy? How...
An increasing amount of tech start-ups are setting themselves up in Hong Kong, reports the Financial Times. The city offers unique advantages to young companies in tech: easy access to China’s huge manufacturing capabilities and the world’s...
Fintrade-Mercer founder Jari Vepsäläinen and Finland’s Ambassador to China Jari Gustafsson discuss the state of the Chinese economy and doing business in the country on the morning programme of the Finnish national broadcaster YLE...
The launch of the book on Fintrade-Mercer founder Jari Vepsäläisen’s 30 years of experience in doing business in China was successfully received at Helsinki’s Kalastajatorppa hotel on Monday 17th of August. We would like to thank all attendees...
Chairman and Founder of Fintrade-Mercer, Jari Vepsäläinen, was featured in Finland’s leading newspaper Helsingin Sanomat in an article highlighting the different rules that apply to doing business in China. Vepsäläinen describes the amazing...
Asia-Pacific (excluding Japan) has overtaken Europe in second place for the wealthiest region in the world, reports the latest Boston Consulting Group survey on Global Wealth Markets. North America remained on top in 2014 with $51 trillion in...
The International Institute for Management Development (IMD) World Competitiveness Yearbook 2015 has declared Hong Kong as the world’s second most competitive economy after the United States, surpassing Singapore and Switzerland. A total of 61...
The European Chamber of Commerce in Hong Kong co-hosted a breakfast seminar on the topic of transshipment with the Hong Kong Customs and Excise Department on Tuesday 2nd of June 2015. The panel discussed the “The challenge of Transshipment in IPR...
Hong Kong introduced a statutory minimum wage in May 2011. When introduced, the amount was set at $28 per hour. In May 2013 this amount was raised to $30. Starting from the first day of May, the statutory minimum wage in Hong Kong SAR has been...
The interest for the Chinese food market is growing among Nordic meat and foodstuff producers. The latest to announce their presence on the market is HKScan, a leading Finnish meat producer. According to Hannu Kottonen, CEO of HKScan, the company...
The strong growth in China compared to the rest of the world is nothing new and even though the growth of the economy has slowed down recently, the country continues to be subject for major growth and structural breakthroughs. This is especially...
