Business Environment in Emerging Countries of Central and Eastern Europe

I'm leaving for CEE(Central & Eastern Europe) tommorow! So excited about it. It's gonna be a study trip to Budapest in Hungary, Vienna in Austria and Prague in Czech Republic (even though sometimes Austria is referred to as Western Europe:)).


To better understand the economic environment and global business in CEE, we will have the chance to visit several great universities (such as Corvinus University) and well-known international companies there (including IBM, Google, Beiersdorf, Strabag, Telecom Austria, etc.). All these companies are leading companies doing global business in CEE countries.

CEE countries are almost formerly communist countries in 1990s.The history, European environment and politics make them special in today's world economics.
I'm sure that we can get some great experience from the trip!!! (The sad thing is that I might not be able to update the blog...)

Endless Dream of Luxury in China

Hello! It's been a really busy week before the finals at Bentley. Hopefully it will end soon. :)

Prada finally gets listed in Hong Kong, followed by perhaps some more luxury companies. The story of luxury in China has always been appealing: people are getting rich, buying luxurious brands and “supporting” companies like Prada. But is this story endless? I am afraid China isn’t the new Babylon, is it?

Hong Kong is right the reflection of the luxury business in China. Rich mainlanders cross the border and crowd into stores of Prada, Gucci, LV and Burberry every day. This has continued for years, yet the market has shown signs to be saturated. However the Chinese passion with luxury is hard to change, Prada may keep enjoying the profitable business for, at least, quite a long period of time.