Russell Flannery

1 week ago | forbes.com | Russell Flannery

Grace Xin Ge, a former managing director in the investment banking division of Goldman Sachs, has joined the board of directors of Yum China, the operator of KFC and Pizza Hut chains in China. Ge, 48, is the founding partner of G-Bridge Partners, an investment and advisory firm that focuses on cross-border business and venture scaling in Europe and Asia since September 2022, according to an announcement on Sunday.

1 week ago | forbes.com | Russell Flannery

Expansion by China’s largest restaurant chains in recent years has been fueled by the country’s tasty cuisine, economic growth and improved management. Among the biggest winners: Yang Guofu, the founder of Yang Guo Fu. The Shanghai-headquartered business serves up spicy mala hotpot at more than 6,000 franchised locations across China and another 500-plus overseas; combined, the brand’s restaurants employ more than 70,000 individuals globally.

1 week ago | forbesjapan.com | Russell Flannery

長年の中国経済の研究者であるショーン・レインは、2018年に発表したベストセラー書籍『The War for China’s Wallet（中国人の財布をめぐる戦い）』の中で、中国の10億人を超える消費者に西側の企業がどう製品を売り込むかを論じた。世界の企業や投資家は今、世界第2位の経済大国である中国の消費の回復を待ち望んでいるが、レインによれば、それは間もなく始まるという。...

1 week ago | forbes.com | Russell Flannery

Long-time China market researcher Shaun Rein chalked up one of his three international business bestsellers in 2018 with “The War for China’s Wallet,” a look at how to sell to the country’s more than one billion consumers. At a time when investors, multinationals and politicians are awaiting a relatively brisk post-pandemic spending recovery in the world’s second-biggest economy, Rein has some good news: it’s coming soon. “I've been in China for 28 years.

1 week ago | forbes.com | Russell Flannery

Athens Mayor Haris Doukas will travel to Shanghai this week as part of efforts to deepen what he has described as an “excellent relationship” with the global business and innovation hub. The May 28–30 visit follows the formal signing of a sister city agreement between Athens and Shanghai in Greece’s capital in January.