North Asia

Insights by the Scalabilty Group on the current market conditions and future trends in North Asia

The Culture Map

The Culture Map

By on Dec 29, 2014 in Greater China, North Asia, Region, Resources, South East Asia

Erin Meyer is an American professor at INSEAD who specialises in international and cross-cultural management. Her book “The Culture Map” provides business people with what is quite simply the best available guide to working or managing across cultures. A lot of Professor Meyer’s writing will sound familiar to students of Geert Hofstede, but her approach is broader,...

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Australia’s New FTAs – A Great Opportunity (If You’re Smart)

Australia’s New FTAs – A Great Opportunity (If You’re Smart)

By on Dec 20, 2014 in Greater China, North Asia

This week, Australia’s Department of Foreign Affairs and Trade announced a January start for the implementation of the Japan-Australia Economic Partnership Agreement, one of three free trade agreements signed this year by the Australian government. The Korea-Australia Free Trade Agreement came into effect this month, and the China-Australia Free Trade Agreement...

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Review: Trading Places

Review: Trading Places

By on Oct 20, 2014 in Greater China, North Asia, Region, Resources, South East Asia

Tim Harcourt, JW Nevile Fellow of Economics at the University of New South Wales Business School, combines great perception and intelligence with a friendly and approachable personality, so it should not be a surprise that “Trading Places: The Airport Economist’s Guide to International Business” manages to be a very enjoyable read, while imparting a mine of...

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Lessons from GSK’s Bitter Pill

Lessons from GSK’s Bitter Pill

By on Sep 21, 2014 in Greater China, North Asia

The judgement is in and Chinese authorities have fined GSK the equivalent of USD$458 million for bribing doctors to prescribe and purchase their products. The fine is alleged to be a sum equal to the amount that GSK bribed. In addition, the company’s China head and four other executives have been sentenced to prison terms, although these have been suspended to...

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That Sinking Feeling

That Sinking Feeling

By on Sep 8, 2014 in North Asia

Revised figures out today show that Japan’s economy shrank at an annualised rate of 7.1% in the last quarter. While contraction was expected after the Japanese government raised Japan’s VAT from 5% to 8%, and the decline followed annualised expansion of 6% in the first quarter as consumers bought ahead of the rise, the size of the contraction is very concerning....

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New Zealand’s Key Called It Right

New Zealand’s Key Called It Right

By on Jun 27, 2014 in North Asia, Region

New Zealand Prime Minister John Key made news in New York last week when he stated that the Trans-Pacific Partnership (TPP) agreement should be concluded without Japan if that nation continued to drag its feet on agricultural reform. He’s right. Japan was a late-comer to the negotiations primarily because of a very strongly protectionist agricultural industry....

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