Newsletter: Are Western Banks Days Numbered in Asia?

Dear Global Business Enthusiast,

Michael Michelini (@michelini) here. You’re getting this email because you requested my periodic thoughts on international business from Hong Kong.

This week: Billion dollar shave, Xiaomi shrinks, Western banks leaving Asia and more! It’s a unique time for me, I haven’t crossed the border between Hong Kong and Shenzhen at all so far this week. Feels strange, but saving tons of time on the border grind. Why the days of Western banks in Asia are clearly numbered. Via Andre Martin What has gone wrong at Xiaomi? In 2014 the company was a darling valued at 45 billion USD, now it’s at 4 billion. This article (and video) sheds some light.. Bad news for non-tech people! But great news for most of the readers today: $1 Billion for Dollar Shave Club: Why Every Company Should Worry And what’s up in Hong Kong business class? Cathay Pacific can’t seen to find enough premium passengers in Hong Kong Global From Asia News Listen to this week’s podcastHere we have a good podcast – Chris Thomas who I was fortunate to connect with last year while he was spending time in Hong Kong – got him on the show to discuss the ups and downs he has been through on his product development journey (decades of experience here, the real deal!) Listen in https://globalfromasia.com/new-design-problems/

Fits nicely with the article on the “Dollar Shave Club” buyout and how it’s changing the world, we have a new blog post called the rise of the International Entrepreneur

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I’d love to hear from you!

– Michael Michelini
mike @ globalfromasia.com
Hong Kong