ONCE did She hold the gorgeous east in fee;
And was the safeguard of the west
Last night I learned how some of our companies are engaging in China at the Finance Directors Special Interest Group dinner. Finance Directors from Biocair, CDT, CSR, Cambridge Consultants, and Xaar and others were there to share their experience. The presentation by Deloitte highlighted the tight control achieved by the Chinese tax authorities, very different levels of taxation levied on services compared to Intellectual Property, as well as the great range of negotiating styles in different sectors and age ranges of Chinese executives.
It was clear from conversation around the table that Members are helping each other into China. Biocair have just established a Chinese operation, which will allow their pharmaceutical customers there to pay locally to ship samples to other global locations, and they praised the support the Shanghai office of TTP had given to helping them work out how to contract to hire employees there. The informal accounts that participants felt free to give in a closed forum of their peers makes more such collaborations likely.
It is good to see companies sharing experience. It doesn't necessarily happen everywhere. One of the participants had served a company in another town in the region for the past couple of years. He commented that the only networking he had experienced during that time was going into events in London - and said he was very glad to get back to the Cambridge community. We need to find more ways to bring together peers in this way.
I received my first home loans when I was not very old and this aided my business a lot. But, I need the student loan again.
Posted by: DURANAnnabelle | June 09, 2011 at 05:05 AM