Dragon News - Swedish Chamber of Commerce in China
Transcription
Dragon News - Swedish Chamber of Commerce in China
ANNIVERSARY 1 95 0-201 0 M e m b e r M a g a z i n e f o r S w e d i s h C h a m b e r s o f C o mm e r c e i n H o n g K o n g a n d C h i n a CELEBRATING 60 YEARS OF SWEDEN-CHINA DIPLOMATIC RELATIONS No.04 2010 The party’s over – did the expo pay off? The organisers of the Swedish participation in the Shanghai Expo 2010 are happy and so are most of the sponsoring companies after six months of expo festivities. But did it make Sweden a more well-known country in China? 6 Opinion Unclear messages at the Swedish pavilion 20 Executive Talk Building the Orrefors and Kosta Boda brands 22 Young Professional interview Reporting about the life in China Publisher Swedish Chambers of Commerce in Hong Kong and China For advertising inquiries, please contact respective chamber’s office The opinions expressed in articles in Dragon News are those of the authors and do not necessarily CONTENTS reflect the views of the publisher. Editorial management, design and printing Bamboo Business Communications Ltd Tel: +852 2838 4553 Fax: +852 2873 3329 www.bambooinasia.com [email protected] Art Director: Johnny Chan Designer: Victor Dai Cover photo: Tobias Andersson Åkerblom for the Swedish Committee for Expo 2010. INQUIRIES Swedish Chamber of Commerce in Hong Kong Room 3605, China Resources Building 26 Harbour Road, Wanchai, Hong Kong From 23 December 2010: Level 10, World-Wide House 19 Des Voeux Road, Central, Hong Kong Tel: +852 2525 0349 E-mail: [email protected] Web: www.swedcham.com.hk General Manager: Eva Karlberg Marketing Manager: Märta Lang Administration Manager: Maria Tornving INQUIRIES Swedish Chamber of Commerce in China Room 313, Radisson Blu Hotel 6A, East Beisanhuan Road, Chaoyang District Beijing 100028, People’s Republic of China Tel: +86 10 5922 3388, ext 313 Fax: +86 10 6462 7454 E-mail: [email protected] Web: www.swedishchamber.com.cn General Manager: Yvonne Chen Member Service & Sales Manager Beijing: Karin Roos Administration & Finance Assistant: Jaycee Yang Shanghai Contact Member Service & Sales Manager Shanghai: Carina Järold-Mattsson Tel: +86 21 6217 1271 Fax: +86 21 6217 0562 Mobile: +86 1368 179 7675 E-mail: [email protected] No.042010 6 4 Editorial 6 Opinion: Jan Staël von Holstein 8 Snippets 10 Cover story:The party’s over – did it pay off? 10 20 Executive talk: Ken Morrissette, Orrefors Kosta Boda 22 Feature: Johan Rockström gloomy about global warming 26 Young Professional interview: Alexandra Leyton Espinoza 30 Chamber activities in Hong Kong 20 32 Chamber activities Beijing 34 Chamber activities Shanghai 36 Chamber news Hong Kong 38 Chamber news China 26 40 New members 44 After hours 46 The chamber and I: Joakim Persson 46 Board of directors Swedish Chamber of Commerce in Hong Kong ADVERTISERS APC Logistics page 41, Beijing APC page 37, Finnair page 2, Geodis Wilson page 35, Handelsbanken page 9, Iggesund Paperboard page 17, Johnny’s Photo & Video Supply page 40, Mannheimer Swartling pages 24-25, Nordea page 45, Orrefors Kosta Boda page 15, Primasia page 43, Radisson Blu page 42, Sallmanns Residential page 28, Scandinavian Airlines System (SAS) page 48, Scandinavian Furniture page 39, Scania page 43, Scan Global Logistics page 27, SEB Private Banking page 5, Swedbank page 19, Swedish Trade Council page 29, Vinge page 33, Volvo page 47, Worldwide Executive Centre page 31 Swedish Chamber of Commerce in China Thank you! APC Logistics for your immense generosity shipping and distributing Dragon News in China, Hong Kong and Sweden. Iggesund Paperboard for being the proud sponsor for the paperboard cover of Dragon News magazine in 2009. Cover printed on Invercote® Creato 220gsm. Scandinavian Airlines for your generous distribution of Dragon News on SAS flights from Beijing to Scandinavia. The Swedish Chambers of Commerce in Hong Kong and China DRAGONNEWS • NO.04/2010 3 EDITORIAL Forerunning China’s th 12 five-year plan Dear Reader, In this issue of Dragon News you’ll find an in-depth review of the Shanghai Expo 2010 and in particular the Swedish participation there. How did Sweden do? Was it worth it? The views are widely differing – from very positive to rather critical. What do you think? Moving ahead, one of the most interesting events of the coming period is the final adoption of China’s 12th five-year plan in March next year. So far, many analysts of the preparatory work expect China to cut its GDP growth target to 7 per cent for the next five-year plan, down from 7.5 per cent in the previous plan. One crucial factor to taming the growth rate in the coming years is that China’s aging population and a shortage of unskilled labour will create a sharp increase in salaries. We have seen Foxconn raising monthly salaries for workers at its Shenzhen factory by an average 66 per cent, in addition to the increase earlier this year. Media and analysts’ reports have highlighted sharp increases in minimum wages in several parts of China, ranging from 5 per cent to 25 per cent. The rising salary costs may make manufacturers move from the coastal regions to inland areas, especially western and central China. 4 DRAGONNEWS • NO.04/2010 Some say that as a result, the coastal regions may shift toward service-oriented business. In its 11th Five-Year Plan, China targeted an increase of the service sector’s output to 43.3 per cent of GDP by 2010, up from 40.3 per cent in 2005. Analysts say this trend is likely to continue. Increasing domestic consumption is said to likely be a central element of the next fiveyear plan. However, the lack of an adequate social security safety net is still a major obstacle to higher consumer spending. Another factor is increasing monopolistic tendencies, driving up costs in many industries, for example telecommunications, energy and construction. Although China has the largest telecom market in the world with more than 800 million mobile phone subscribers, calling in China is not cheap. Another key element of the plan will be energy efficiency. China has committed to reducing energy consumption by 40-45 per cent of 2005 levels by 2020, and it is expected to set new goals in the next five-year plan. However, as a whole, China has not met its energy savings goals as stated in the 11th plan. By the end of 2009, China had reduced its energy consumption as a percentage of its GDP by 15.6 per cent, compared with the target of 20 per cent. In September, as a means to meet the energy-efficiency targets, Mats Harborn Chairman Swedish Chamber of Commerce in China Stefan Rönnquist Chairman Swedish Chamber of Commerce in Hong Kong many Chinese steel mills were ordered to temporarily suspend production. So, where does all this leave you? Rising salary costs, increased service content and improved energy-efficiency all sound quite familiar to Swedish companies, don’t they? Which brings us back to the Shanghai Expo 2010, the theme of the Swedish pavilion, “Spirit of Innovation”, and the execution of the events and presentations there. On the last day of the expo, the international expo organisation Bureau International des Expositions (BIE) awarded Sweden’s exhibition with a gold medal for its creativity and design. In addition, the Swedish pavilion was named one of the most commercially valuable expo pavilions by Fortune Time, a nationwide TV show; CNN’s blog praised the pavilion for its arty appearance and the Global Times newspaper appointed the pavilion website to the best one of the expo. We’d like to congratulate the organisers and exhibitors for these accolades and for succeeding in highlighting some of the key elements in providing true and lasting value to business and society – creativity and innovation. We would also like to wish all our members a very merry Christmas and a happy and prosperous New Year! Sweden has to rethink how to improve its image and how to convey the message that Sweden is “a brand to reckon with”, according to Professor Jan Staël von Holstein, who is not impressed by what was achieved at the Swedish pavilion during the Shanghai World Expo. Text: Jan Staël von Holstein, [email protected] Unclear messages at the Swedish pavilion N ational identities are sealed in different ways, but for the most part it starts with a national anthem, a flag and, when available, royal emblems or revolutionary symbols. Stamps, coins and bills are other symbolic carriers of national identities. Not long ago, airlines were another symbol of pride. Today, Swissair belongs to Germany, KLM to France, Iberia to the UK and who knows how long SAS can keep their three Scandinavian flags flying and not become a symbol of 6 DRAGONNEWS • NO.04/2010 a Siberian oligarch living in London. Identity is an ever more confusing landscape that shifts like the tides of the oceans or sand dunes in the desert, and an increasing number of people in this ebb and flow are getting new passports from countries they know nothing about and with which they have nothing in common. It gets harder and harder to follow. In the last 20 years, over 250 cities changed their names, and some 33 new nations were born and ratified around the world as legitimate by the UN, hoisting new flags and singing new anthems. Absolut Vodka, which was presented at the Swedish pavilion on top of the building, belongs to the French (The photo is taken by Tobias Andersson Åkerblom for the Swedish Committee for Expo 2010). Many other countries proved through their pavilions that they had thought carefully about what they were doing.” Identities have become more confusing also as famous national brands shift owners and relocate. Rolls Royce is now German and Absolut Vodka, proudly presented at the Swedish Expo pavilion on top of the building, belongs to the French. Saab is Dutch, and Volvo is now owned by a Chinese company. IKEA’s distinct blue and yellow coloured buildings around the globe say Sweden, but are filled with products made in all corners of the world. What was once a proud stamp, “Made in Sweden”, no longer applies, as sourcing and assembly shifts around the world to keep costs down and profits up. Where something is really made today is a difficult question. That goes for many other countries as well of course. Little wonder, perhaps then, that the Swedish PR company orchestrating examples of our efforts could think of nothing better than Pippi Longstocking and a wooden decorated horse (dalahäst) as prime examples of our pride and prowess. A playground outside and a slippery slide inside completed the picture, with some background shots of Stockholm and the countryside, as backdrops around the walls. The glorious beginning of the world expo, which started in London in 1851 during Queen Victoria’s reign, has reached the end of its lease of life. It was meant to give citizens a glimpse of the world they could not reach or visit and a place to start trading with foreign countries. I think China will be the last case in which this concept is fulfilled. So what did the nations bring to China? Did Sweden succeed in conveying a valid message about our capabilities, ideas and skills? Did we meet the brief by the expo organisers to show the road to a better environment and a sustainable life in the future? No, unfortunately, in the case of Sweden’s efforts, I think. I wonder if our long successful Swedish companies that have been active in China over the past 20 years or more got their money’s worth out of this as sponsors. Perhaps they would have achieved more with the throngs waiting in line by giving a traditional Chinese banquet? Statistics will undoubtedly follow, proving how successful it all was for the organisers and ultimately Sweden. But I was not proud of our efforts. We are capable of much more than a half-baked PR exercise to promote well established businesses. Many other countries proved through their pavilions that they had thought carefully about what they were doing. Wooden decorated horses were visible outside the pavilion (The photo is taken by Lily Huang for the As for improving the image of “Made in Swedish Committee for Expo 2010). Sweden” and putting Sweden firmly on the map as “a brand to reckon with”, I would say we have to rethink how we achieve that and I hope the sponsors got their payback, as what message we really want to convey. they wined and dined their way through the Just next door, for example, were excelexpo with Chinese business prospects. The lent architectural designs and well office environment on the second selected messages about Denmark floor was business as usual, interand Finland. spersed with seminars and presentaThe advantage of expressing your tions, only accessible through the opinion is that the words are only IKEA-styled VIP entrance, while The number of yours and that others can exercise the uninvited queued up outside. new countries theirs and disagree. But how do you measure success? since 1990. This is called freedom of By the number of people who manthought. There is always a risk of aged to get through? Did they get a course in having them printed for everyone to lasting impression of what Sweden represents? read, as is the case with this article. But I am Did they come away fervently wanting to visit prepared to take that risk … and hopefully our distant shores? Were there any contracts other stimulate productive debate. b than the usual business deals signed as a result? 33 What was once a proud stamp, ‘Made in Sweden’, no longer applies, as sourcing and assembly shifts around the world.” Jan Staël von Holstein is the founder and co-chairman of The Network with a Silver Lining, which has 15 offices around Europe and the United States. Having spent more than 35 years in the design business, he is now a world authority on corporate and brand identity creation and design management. He is Swedish, lives in London, but spends much of his time in China, where he is a visiting professor at the Central Academy of Fine Arts and Tsinghua University in Beijing, and at Tongji University in Shanghai. DRAGONNEWS • NO.04/2010 7 S w ed i s h S n i p p ets Photo: Tobias Andersson Åkerblom for the Swedish Committee for Expo 2010. The good, the bad and the downright ugly n Sweden’s pavilion at the World Expo was one of six mentioned as “good” when CNN’s lifestyle website for Asia, cnngo.com, listed what they labelled as “the good, the bad and the downright ugly” among the expo pavilions. “While there are some really impressive pavilion designs at this year’s expo, there are more than a few eyesores too. We round up the best and worst dressed,” said CNN. The first one it mentions is Sweden and here is the judgement: “Sweden’s effort gets a big thumbs up with lots of angles. Arty and well, really cool looking.” Turkey, South Korea, Denmark, Israel and The Netherlands were also mentioned as “good”. So which were the bad and ugly ones? You will have to check that out for yourselves. Go to: http://www.cnngo.com/shanghai/none/shanghai-expo-267939 QUOTE “I am convinced that the vision of ‘Better City, Better Life’ will become reality.” Chinese Vice Premier Wang Qishan at the closing ceremony of the Shanghai World Expo 2010. Did you know ... n … that a Chinese version of a business anti-corruption portal is now available, in addition to the English, Russian and Germans ones, thanks to Sweden? Sweden has financed the Chinese version as part of the cooperation under the Memorandum of Understanding on Corporate Social Responsibility between the governments of China and Sweden. The Chinese version can be accessed by clicking on the Chinese flag at the top of the page on this link: http://www.business-anti-corruption.com/?L=0 Also, as part of the agreement on CSR between China and Sweden, a joint website has been set up with relevant information on CSR in Chinese, to be used by anyone interested in making CSR a part of their core policies and business strategies. This is the link: http://www.csr.gov.cn/ The website aims to present and explain ideas, intentions and trends in CSR, and to present related laws, regulations and standards. What makes Sweden and China a perfect match in CSR is that both countries are dependent on international trade and also have many internationally active companies. Developing a deeper exchange on best policies, standards and implementing arrangements is seen by both parties as very valuable. Along with the website, the parties also plan to arrange a series of special training events and activities for officials, business, academia and others interested in CSR. 8 DRAGONNEWS • NO.04/2010 Sweden in the Top 10 n Sweden is ranked as No 10 on two different lists that measure the strength of a country brand. In one of them Sweden is a “rising star”. The Anholt-GfK Roper Nation Brands Index (NBI) for 2010, which measures the global image of 50 countries, shows the United States holding the top spot for the second year in a row as the country with the best overall brand. The US is followed by Germany, France, the UK, Japan, Canada, Italy, Switzerland, Australia and Sweden, which remains at the tenth position it held in 2009. “Sweden is certainly one of the most admired countries on the planet: it’s the only Nordic country that nobody confuses with any of the others, and it ranks well above the others”, said researcher Simon Anholt. “Sweden’s image is so good, that anything good or remarkable that anybody does in Denmark or Finland or Norway or Iceland automatically accrues to Sweden’s benefit: it’s a sort of feudal reputation tax,” Anholt added. In another survey in 2010, the Country Brand Index (CBI), which is carried out by the brand consultancy FutureBrand together with the BBC World News, Sweden is also placed as No 10. This survey covers 102 countries and aims at measuring the “intangible asset” of how the country is perceived amongst international business and leisure travellers, travel and nation branding experts and opinion formers. According to the survey, Canada is the most respected country brand in the world, followed by Australia, New Zealand, the US, Switzerland, Japan, France, Finland, the UK and Sweden. FutureBrand comments on the fact that Sweden, Finland, Norway and Denmark are all among the Top 20 by saying that this reveals a strong emerging preference for “‘brand Scandinavia” across the world. “From Denmark’s role as the host of the Copenhagen Summit [about climate change], to Sweden’s internationally-renowned welfare state, ‘brand Scandinavia’ represents a commitment to freedom, well-being, global citizenship and quality of life that unites these Northern European countries in people’s perceptions,” said the brand consultancy, continuing: “As a ‘rising star’ in 2010 – moving from 21 to 10 – Sweden in particular cultivates very strong perceptions around the dimensions for value system and quality of life. Specifically, Sweden performs well in attributes such as environmental friendliness, education and healthcare system – which are all ranked at No 2. The strong performance of brands like the airline SAS that bring Scandinavia together shows the power of unifying individual country brands behind regional flag carriers or corporations that represent common values.” Michael Zell – Head of Greater China and General Manager Hong Kong branch Jason Wang – Chief Representative, Beijing Representative Office Michael Zell – Head of Greater China and General Manager Hong Kong branch Jason Wang – Chief Representative, Beijing Representative Office Your Nordic Bank in Greater China Your Nordic Bank in Greater China Handelsbanken is the Nordic bank with the largest presence in the region, with branches in Shanghai and Hong Kong as well as representative offices in Beijing and Taipei. Banking with us you benefit from the knowledge and experience that onlywith a big canpresence offer. 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Stephen Chan, Head of Corporate Banking Hong Kong branch, +852 2293 5322 Johan General Manager Shanghai branch, +86 21Hong 6329 Kong 8877 branch, +852 2293 5388 MichaelAndrén, Zell, Head of Greater China and General Manager Jason Wang, Chief Representative 10Kong 6500branch, 4310 +852 2293 5322 Stephen Chan, Head of Corporate Beijing, Banking+86 Hong 8 6329 8877 Amy Chief Representative +886 2 2563 745 JohanChen, Andrén, General Manager Taipei, Shanghai branch, +86 21 Jason Wang, Chief Representative Beijing, +86 10 6500 4310 Amy Chen, Chief Representative Taipei, +886 2 2563 7458 www.handelsbanken.cn The party’s over – did the expo pay off? The organisers of the Swedish participation in the Shanghai Expo 2010 are happy and so are most of the sponsoring companies after six months of expo festivities. But did it make Sweden a more well-known country in China? Text Jan Hökerberg, Bamboo, [email protected] Photo: Paul Philip Abrigo for the Swedish Committee for Expo 2010. 10 DRAGONNEWS • NO.04/2010 The Swedish pavilion by night. (Photo by Tobias Andersson Åkerblom for the Swedish Committee for Expo 2010.) F or half a year, the city of Shanghai has been the host of the biggest and most expensive fair of its kind. Now, Shanghai has returned to normal after six hectic expo months and, before that, a massive upgrading and expansion of the city’s infrastructure. The party is over, but the jury is still out on whether this was a benefit not only for China but also for the participating countries and its sponsoring companies. For 184 days, representatives of 190 countries and 56 international organisations exhibited their interpretations of the theme “Better City, Better Life” to some 73 million visitors – 3 million more than the organisers had planned for. Ever since the Bureau International des Expositions (BIE) voted for Shanghai to organise and host the World Expo in 2010 back in December 2002, there were eight years of high expectations for China and Shanghai. The expo was everywhere you looked in Shanghai – on banners and billboards and on radio and television. It was also touted all over China, with coverage in national newspapers, television and news websites. In contrast, in the international media, the expo was little covered, particularly when compared to the Beijing Olympics in 2008. The Swedish Committee for Expo 2010 is analysing the Swedish participation and will submit its study to the Swedish government in March. “What we have seen so far is that our partners – the sponsoring companies, authorities and the government – have been very happy with both the platform, that is the pavilion, and their own activities,” says Annika Rembe, Sweden’s commissioner general for Expo 2010 and now the head of the Swedish Institute (SI). features and a possibility for the visitors to “This expo project is the largest marketkeep in touch with Sweden by giving their ing initiative Sweden has made abroad so email address at the exit. far and the results exceeded all expectations “However, from a Chinese perspecthat we and our partners had prior to the tive, it could be more attractive in a way. opening,” says Rembe. Chinese people expect [to have] a reason On the last day of the expo, the interto visit a pavilion, something eye-catching national expo organisation BIE awarded 34 such as Denmark’s authentic Little Merpavilions for outstanding operations. Swemaid statue, France’s masterpiece paintings den’s pavilion was one of 11 gold medallists from Musée d’Orsay, Belgium’s hand-made and won gold for its exhibition creativity chocolate, Spain’s flamenco dancers or a big and design. idea like the UK’s ‘seed cathedral’. China “We had strived to create an exhibition is such a competitive country, you need a that truly communicates our theme, ‘Spirit unique selling point to get of Innovation’, and it is fanattention,” says Liu Hähnel. tastic to get this award for She also thinks that creativity,” says Rembe. Sweden should have had Besides the BIE prize, something that the visitors the Swedes were also recwould have remembered ognised in some other quarThe World Expo set an after they left the expo: ters – in September, the attendance record with 73 “For example, the Finnish pavilion was praised as one million visitors. pavilion sent out Bluetooth of the most commercially messages, which I still read valuable expo pavilions when I was at home. It doesn’t need to cost in an event organised by Fortune Time, a anything or be expensive, but a ‘take-away’ nationwide TV show. CNN’s blog praised to remember the country.” the pavilion for its arty appearance and the Global Times newspaper called the pavilion website the best one of the expo. ‘Take-away’ or not, the sponsors seem to have appreciated the opportunities that the expo gave them to bring customers and A branding and marketing expert employees together in different types of in Shanghai, Yongyan Liu Hähnel, who activities. Many companies brought over runs her own company, Kenex Consulttheir whole boards of directors and execuing, thinks the Swedish pavilion “was a tive management teams to China. very Swedish way to showcase the country, “It was an opportunity for us who live not grand, but thoughtful”. It followed and work here to show our headquarters the organisers’ brief to relate strongly to what is happening in this part of the world sustainability issues, there were interactive 73 M DRAGONNEWS • NO.04/2010 11 Sweden is too modest, too low-key, in promoting itself.” Yongyan Liu Hähnel, Kenex Consulting and give them a better understanding of the dynamics of China today. We had several people in our management team who had not been in China before,” says Mats Johansson, country manager at Gunnebo Security in Shanghai. “It is very important today to take China seriously. We need to relate to a new situation in the world in which there is now, for the first time in 30 years, two superpowers. In that sense, the expo did a lot to facilitate that understanding.” But he says he was not sure that the expo was really of benefit to Sweden: “We participated more to support China and our business here, since Gunnebo only has two or three per cent of its turnover in Sweden and no real need to promote its Swedish roots.” Johansson also thinks that the theme of the pavilion had a complex message: “We were showing that we have had similar problems as China has today, for example with the environment, and that we have solved them by being innovative. It is not that easy to understand and there is no wonder the Swedish pavilion had less visitors than for example the Danish and the Finnish.” In 2009, Atlas Copco decided to be an official partner of the Swedish pavilion at the expo. The company invested SEK5 million in return for exclusive use of the entire third floor of the pavilion for events during the expo for six days in a row, allowing Atlas Copco to meet with clients, business partners and other stakeholders. “We invited local customers, dealers, suppliers, authorities, investors, students, teachers and media to the Swedish pavilion. All of our 13 brands in China were part of the events and we had around 1,000 visitors per day,” says Magnus Gyllö, vice president of Atlas Copco (China) Investment Company. Spirit of Innovation room in the pavilion. (Photo by Stefan Geens for the Swedish Committee for Expo 2010.) The Innovative Society room in the pavilion. (Photo by Stefan Geens for the Swedish Committee for Expo 2010.) Sweden is a strong brand The brand of Sweden is strong globally. Even foreign companies buying Swedish companies most often prefer to continue branding the products as Swedish, according to Eva Ekeroth, counsellor and head of cultural affairs at the Embassy of Sweden in Beijing. In the pavilion, you could take a slide between two floors. (Photo by Paul Philip Abrigo for the Swedish Committe for the Expo 2010.) Did the Swedish pavilion live up to your expectations? “Yes, but perhaps I had expected more high-tech and interactive elements in the exhibition. Sweden made a good choice though when it came to the use of the pavilion. For example, it used it as a venue for building relationships – public diplomacy. Many countries realised too late that their pavilion only had an exhibition and nowhere to meet with people. Today, when competition is so fierce and similar products and services can be obtained from any country, what you can compete with are good relations.” Could the money the Swedish government spent on the expo have been used in better ways? “If you mean that the alternative should be not spending anything at all on the expo in Shanghai, and instead spending on totally different things, then my answer is no. Sweden had to participate in the expo this time – it was too important to stay out.” The theme for the Swedish pavilion was “Spirit of innovation”. Are Swedish people as creative and innovative as we tend to think? “I think we are, but at the same time we mustn’t be too proud of this and relax. The result of globalisation is that all countries, more or less, have creative people and some countries, especially in Asia, have something Sweden hasn’t and that is speed and flexibility. We have a very good base to stand on, with innovation in our blood but we need to learn more and combine it with other things. Sweden is a fast adaptor of new trends at least, so I think we can make it if we don’t wait for too long.” In your opinion, what values does Sweden represent? “Innovation and creativity – but not at the expense of people and nature – along with trustworthiness, transparency and openness. We find it easy to adopt new ways of thinking, we have public access to official records, freedom of speech, gender equality, high tolerance of sexual orientation and religion, not too much hierarchy and we let people at a grassroots level in society and within organisations to have a say, etc.” How can a company make use of its Swedish origin? “Companies ought to consider using Sweden in their branding, taking advantage of the goodwill it brings along, especially here in China, where Sweden has a very good reputation and is relatively well known. It would be of mutual benefit for both the country and the company if our strategic communication is coordinated. Germany has made great progress in this. Some companies there have even measured the results and realised that sales improved markedly when they used Germany and its values in its communication.” Today, many multinational Swedish companies have most of their business in other countries. Is there any point for them to use their Swedish roots in their marketing? “Of course there is! The brand of Sweden is strong globally. Even foreign companies buying Swedish companies most often prefer to continue branding the product as Swedish. I mean, which company doesn’t want to be considered innovative, trustworthy, creative and with high moral values today? But it’s not only about screaming out values in the company’s marketing and sales campaigns. The whole communication platform, which is a base for decision making of all kinds in an organisation, should be considered carefully. The Swedish government has done a lot of research into brand Sweden and how to communicate it. Swedish companies can take advantage of this research.” Perhaps I had expected more high-tech and interactive elements in the exhibition.” Dance performance in the pavilion. (Photo by Paul Philip Abrigo for the Swedish Committee for Expo 2010.) Eva Ekeroth, Embassy of Sweden DRAGONNEWS • NO.04/2010 13 Sweden receives an award for “Most commercially valuable pavilion”, commissioner general Annika Rembe together with the other winners Mark Rowswell from Canada, Adam Coin from Australia and Martin Alintuck from the US. (Photo: Tobias Andersson Åkerblom for the Swedish Committee for Expo 2010.) The week-long programme in May included a special evening event, together with the Consulate General of Sweden, celebrating the 60th anniversary of Sweden-China diplomatic relations. The company also arranged a press conference, which more than 70 media representatives attended, and held a conference for 175 investors and analysts. Over the course of the week, Atlas Copco had its own exhibition and there was also entertainment, including shadow dancers and an artist making drawings in sand. “It was absolutely worth the investment. The most valuable asset we have in the Atlas Copco Group is our brands. During the expo days, we had the opportunity to reinforce that and to make sure all our invited guests were shown numerous examples of how Atlas Copco represents sustainable solutions and sustainable productivity in everything we do. China is now like a second home-platform for us for our future growth and development. The expo and our participation could not have been better timed!” says Gyllö. He points out that expo is by definition a show of where you stand and where you are aiming to be in the next few years. “Consequently,” he says, “business results are correlated with that. We believe in longer term benefits and returns from our 14 DRAGONNEWS • NO.04/2010 This expo project is the largest marketing initiative Sweden has made abroad so far and the results exceeded all expectations.” Annika Rembe, Swedish Committee for Expo 2010 week-long direct exposure. But of course some important deals were also included and published during and immediately after the expo event.” Sweden used a public-private partnership (PPP) model for funding and operating its participation in the expo. The government allocated SEK70 million, which was half of the original project budget, and the sponsoring companies brought in the remaining part. “We had a strong focus on our business partners’ activities and our VIP section was the largest of them all, proportionally, at the expo,” says Rembe. Scania was one of the major Swedish companies that chose not to participate in the expo, even though the company has a strong Swedish culture and strong Swedish roots. “This was not the right platform for us at the business development stage where we are now. Our customer base is not of such a kind that we could motivate the costs that would have been expected from a big company like Scania,” says Mats Harborn, executive director at the Scania China Strategic Office in Beijing. Harborn questions the PPP financing model that Sweden used, which gave only the sponsors access to the pavilion. He would have preferred that the government had taken the full financial responsibility and then let companies pay according to the extent they wanted to use the facilities. “It was similar to when the GötheFacts and figures The Swedish participation at the expo in figures: • More than 3.5 million visited the Swedish pavilion. • Over 110 partners co-financed the project with government. • 230,000 children played in Villa Villekulla outside the pavilion. • SEK150 million was the total project budget. • 450 cultural performances were designed in conjunction with circus Cirkör. • 32,000 VIP guests visited the pavilion. • 2,300 official delegations were received. 16 DRAGONNEWS • NO.04/2010 It was an opportunity for us who live and work here to show our headquarters what is happening in this part of the world.” Mats Johansson, Gunnebo Security A wall at the VIP entrance area of the Swedish pavilion was showing the business partners. (Photo by Tobias Andersson Åkerblom for the Swedish Committee for Expo 2010.) iggesund.com Tel: (852) 2516 0250 Fax: (852) 2516 0251 King Carl XVI Gustaf of Sweden, communist party chief in Shanghai Yu Zhengsheng, deputy prime minister Maud Olofsson and other VIPs at the Expo centre in the morning ceremony of the Swedish National Day celebrations at the pavilion. (Photo: Paul Philip Abrigo for the Swedish Committee for Expo 2010). borg sailing ship arrived in China in 2006. Due to a similar unwillingness from the government to see the value of that great project for the promotion of Sweden in China, the result was a financing model that suboptimised the impact of the event. It was a good opportunity to promote Sweden and Swedish companies but only a limited number of sponsors were allowed to use the ship for events,” says Harborn. Even if Scania did not participate in the expo, Harborn – who is also the chairman of the Swedish Chamber of Commerce in China – thinks that the Swedish participation was important and well thought-out: “The design of the pavilion was extremely well done. You got a magical feeling in there – it was good feng shui all through.” Scania did, however, participate in the Innovation Week activities in Beijing, which were organised in conjunction with the 60th anniversary of Sweden-China diplomatic relations. “We arranged a seminar for designing truck cabins, which gave us an opportunity to have a dialogue with the participants about building a long-term brand and how to protect yourself against pirated copies,” says Harborn. 18 DRAGONNEWS • NO.04/2010 Sweden’s promotion activities in China have not ended with the closure of the expo. For example, Sweden has signed an agreement with the city of Tangshan in Hebei province to sell the pavilion, which will be dismantled and relocated to the Caofeidian International Eco-City, where it will serve as a Swedish science and innovation centre. “Sweden is a country with plenty of advantages, and Swedish companies should definitely use the country brand,” says Liu Hähnel. “Sweden is positioning itself as a progressive country that is innovative, open, authentic and caring. I think this is all true, but Sweden is too modest, too low-key, in promoting itself. In a country like China, where people exaggerate a lot when they communicate, you need to speak out loud”, she says. From a branding perspective Liu Hähnel thinks it is important to identify what kind of innovation you are talking about as, for example, Germany, the US and the UK all claim to be innovative too. “I think the Swedish innovative attributes are not yet clearly defined. You should not just talk about technology; you can also talk about design and peopleoriented innovation, promoting Swedish innovation in style, clearly differentiating yourself from Germany or the US at least. That’s why I think the Swedish Institute’s programme to promote fashion can benefit Sweden’s nation branding, as you reach out to the public and not just to the technical circles,” she says. The party may be over, but there is clearly one winner: the People’s Republic of China and especially the city of Shanghai. The National Tourism Administration has estimated that the expo generated some 80 billion yuan of income, with hotels, aviation companies and retailers the top beneficiaries. The municipal government has also got billions of yuan in tax revenue and there seems to be little doubt that the expo will boost Shanghai’s gross domestic product, which grew by 8.2 per cent in 2009. On top of that, when the city auctions off the land on the expo site, analysts expect the sale to bring in about 1 trillion yuan. b It’s like at home, just around the corner Photo: www.sxc.hu id 40928 Your local branch 7 781 kilometers away. Swedbank has its roots in the Swedish savings bank tradition, which dates back to 1820. We have 9.5 million private customers and 650.000 corporate customers and our purpose is to promote a sound and sustainable financial situation for our clients. Swedbank Shanghai Branch provides Nordic, Baltic and Chinese corporate clients with RMB products such as cash management, deposits and loans, trade finance, money market as well as foreign currency/RMB spot and forward trading. On 12 August Swedbank Shanghai Branch received the local currency license from the China Banking Regulatory Commission, CBRC. Telephone: +86 21 386 126 00 Fax: +86 21 386 127 11 [email protected] www.swedbank.cn Ken Morrissette is running the Orrefors Kosta Boda operations in China for the New Wave Group, a company he knew little about until just a few years ago. Text: Jan Hökerberg, Bamboo, [email protected] Building the Orrefors and Kosta Boda brands I n 2008, Ken Morrissette decided that he wanted some more adventure in his life, so he left his job as a lawyer in Seattle in the US where he had practiced corporate litigation for 10 years, and started to work for the Swedish company New Wave Group in Bangladesh. “I had to make up my mind whether I should continue to work hard to become a partner in the law firm or whether I should take a break and do something completely different. I love to travel and to see new cultures and I felt I needed a new challenge in life,” says Morrissette, who is an American citizen with French roots and was born in Washington DC in 1967. A friend of his had joined New Wave’s purchasing office in Bangladesh and tempted him to come over. Morrissette did so and was hired as an executive trainer. “Being in Bangladesh was an adventure every day. I was some kind of ‘jack of all trades’, which meant that I looked at all the processes and procedures, was teaching English, made the employee handbook and many other things. I was also appointed social and environmental responsibility manager and had to make sure that our suppliers complied with the Group’s corporate social responsibility principles,” says Morrissette. Before he joined New Wave Group, he had not heard of the company and did not 20 DRAGONNEWS • NO.04/2010 Ken Morrissette wants to increase Orrefors Kosta Boda’s sales to corporate promotions and direct sales to specific customers. know much about Sweden. “As a lawyer, I had been to Finland and Denmark, but not to Sweden. I knew that IKEA and Volvo are typical Swedish brands but not much more.” After two years in Bangladesh, Morrissette was promoted to deputy general manager for New Wave in China, which included responsibility for the Orrefors Kosta Boda operations. He is also the Group’s social and environmental responsibility manager for Asia, which includes China, India, Bangladesh and Vietnam. He moved to Shanghai in February, 2010. Swedish province of Småland where the company designs and makes high-quality utility glassware and art glass. It is the largest glassworks group in the Nordic countries, with a history dating back to 1742. The heart of the business is the glassworks in the municipalities of Kosta, Orrefors and Åfors. Orrefors Kosta Boda entered the China market in 2006 and tried to blanket the market by distributing its products to many different cities all around China. It was not so successful, Morrissette admits. “We were not ready for those secondThe number of tier markets and they were not New Wave Group was years that Ken founded in 1990 and specialises ready for us.” Today, the company Morrissette in designing, manufacturing and is focusing on the Beijing and worked as a marketing of sports and profile Shanghai markets, with just a few lawyer before he apparel, crystals, luggage and bags, exceptions. decided to join the electronics, stationary and home Its products are currently sold New Wave Group. decorative items. The company and marketed at 11 stores in China provides a full range of corporate – five in Shanghai, four in Beijing identity products and gifts for multinational and one each in Wuxi and Wuhan. Two of companies around the world but also for them are so-called flagship stores that only the retail market. Orrefors Kosta Boda was market Orrefors Kosta Boda products. One is acquired in 2005. located in The Village in Sanlitun, Beijing, and “There are 36 brands and 77 companies the other in the Plaza 66 upscale shopping mall in the New Wave Group, and most of them in Shanghai. A third dedicated store will open are being run independently. Here in Shangin January, 2011, in the China World Shophai we do purchasing for almost all of these ping Mall in Beijing, and the company is lookbrands,” says Morrissette. ing for more similar opportunities in upmarket Orrefors Kosta Boda has its base in the retail locations in China’s two major cities. 10 One of our strongest selling points is that all the glasses are handicrafts from Sweden, where each individual piece is manufactured by hand.” “One of our strongest selling points is that all the glasses are handicrafts from Sweden, where each individual piece is manufactured by hand. We will put more emphasis on that in our marketing – for example, by organising exhibitions where consumers can meet the designers behind the glassware,” says Morrissette. The retail sector represents some 70 per cent of Orrefors Kosta Boda’s sales in China, while 20 per cent go to corporate promotions and 10 per cent are direct sales, for example to wine distributors. But Morrissette wants to change that market breakdown. “We rely too much on retail today. We want to increase the promotional and direct sales parts. Besides wine distributors, we are also targeting the hotel industry, interior decoration firms and the real estate sector. We are pushing more on the corporate side and have ramped up our sponsorship programme. We are involved in many activities in several chambers of commerce, not only the Swedish, but also the German, Australian and British chambers in China,” says Morrissette. Orrefors and Kosta Boda may be wellknown brands in the Nordic countries in Europe, but in China they are still not widely known among the target consumers, so the most important job for Morrissette and his team is to build the brand, or actually the brands, since they are two and differ from each other: Orrefors is more traditional and timeless while Kosta Boda is more artistic, creative and colourful. “Coloured glass is still quite unique in China, but we can see an increase of interest in Orrefors’ stemware, that is wine glasses. The wine industry in China is growing quickly and this can open up many exciting opportunities,” says Morrissette, who has not regretted saying goodbye to the law firm in Seattle when he did. b DRAGONNEWS • NO.04/2010 21 The Environmentalist From a scientific point of view, it is very important to totally phase out the emissions of greenhouse gases from oil, gas and coal.” Widening gap S on climate change There is a widening gap between what the scientists say and what governments around the world want to do to halt the accelerating effects of climate change, which worries Johan Rockström, an internationally recognised scientist on global sustainability issues. Text: Jan Hökerberg, Bamboo, [email protected] 22 DRAGONNEWS • NO.04/2010 peaker after speaker at a major climate change conference in Hong Kong in early November painted a gloomy picture of the world’s future due to global warming. “There is a widening gap between what the scientists say is absolutely necessary to do and what governments around the world want to do to halt the accelerating effects of climate change,” says professor Johan Rockström, an internationally recognised scientist on global sustainability issues. He was a keynote speaker at the four-day Climate Dialogue international conference in Hong Kong, organised by the independent think-tank Civic Exchange. The 2009 United Nations (UN) Climate Change Conference in Copenhagen, Denmark, was considered a crucial conference for the control of carbon emissions and climate change but the outcome was vague. A followup conference was held in Cancun, Mexico, in November 2010. The outcome of that conference was not known when this article was written. The Copenhagen Accord, which falls short of a binding treaty sought by many nations, sets a goal of limiting global warming to below 2 degrees Celsius (3.6 Fahrenheit) above pre-industrial times. But it leaves each Photo: J Lokrantz/Azote It is good that single countries [such as China] are making progress, but national initiatives are not enough to combat climate change.” nation to set its own targets for 2020. “From a scientific point of view, it is very important to totally phase out the emissions of greenhouse gases from oil, gas and coal. But the world’s leaders are not even willing to discuss that today,” says Rockström. Even if Rockström shares the general pessimism and scepticism addressed by his colleagues among climate experts, he can, however, see some optimistic signs. “I believe there is a chance that there will be a new commitment period after 2012 when the Kyoto Protocol expires. In such an extension of the Kyoto Protocol, which regulates the reductions of greenhouse gas emissions, all developing countries, including China and India, must participate,” says Rockström. Today, the Kyoto Protocol sets binding targets for 37 industrialised countries, but the United States, Australia and the developing nations have not ratified the agreement. The growing gap between rich industrialised nations and poor developing countries is also a major issue in the climate change debate. The developing countries demand compensation for adjustments that have to be made due to reductions of emissions. “There are some positive signs in the discussions between governments and institu- tions that rich countries are more willing today to compensate the poorer nations for adjustments. Another area, where progress has been made, is the negotiations about limiting deforestation, which could lead to an international treaty,” says Rockström. Tropical deforestation currently accounts for roughly one-fifth of the global emissions of carbon dioxide, the primary human-derived greenhouse gas. When trees are cut down, they begin emitting the carbon dioxide they have stored over their lifetimes. China’s government has set up ambitious renewable energy goals and plans to nearly double the proportion of renewables in its overall energy mix – from 8 per cent in 2006 to 15 per cent in 2020. “It is good that single countries are making progress, but national initiatives are not enough to combat climate change. We need to have broader binding agreements,” says Rockström. He is a leading scientist on global water resources, and strategies to build resilience in water-scarce regions of the world. He is an agronomist with more than 15 years experience from applied water research in tropical regions and has produced more than 100 research publications in fields ranging from applied land and water management to global sustainability. He has many irons in the fire. Besides being a professor in natural resources management at Stockholm University, he is heading the Stockholm Environment Institute (SEI), an international research organisation working on sustainable development, and the Stockholm Resilience Centre (SRC), an international centre that advances trans-disciplinary research for governance of social-ecological systems. SRC was founded four years ago by SEI and the Royal Swedish Academy of Sciences and is funded by Mistra, a foundation that funds major programmes in environmental research with resources that emanate from the former Swedish wage-earner funds. After giving his speech in Hong Kong, Rockström flew to Taiwan for a meeting with the Nobel Prize winner in chemistry, Yuan Tseh Lee. “Taiwan is interested in setting up a similar research centre as the Stockholm Resilience Institute,” says Rockström. b Swede of the Year In 2009, Johan Rockström was awarded the title “Swedish Person of the Year” by the magazine Fokus for his work on bridging science on climate change to policy and society. “Rockström has managed in an easy, yet always scientifically based way, to convey our dependence on the planet’s resources, the risk of transgressing planetary boundaries and what changes are needed in order to allow humanity to continue to develop,”, said the magazine in a statement. This year, Rockström was ranked, by the magazine Miljöaktuellt, the second most influential person on environmental issues in Sweden. He was also recently given the “Social Capitalist Award” by the business magazine Veckans Affärer together with his colleague Carl Folke at Stockholm Environment Institute. DRAGONNEWS • NO.04/2010 23 Alexandra Leyton Espinoza works as a journalist in Beijing and she loves telling stories about people. Text: Eskil Hallström, [email protected] Reporting about the life in China T he Swedish journalist Alexandra Leyton Espinoza is one of Beijing’s young and thriving foreign correspondents. She writes regularly for the China Daily, the magazine ScandAsia and will start writing for the Swedish evening newspaper Aftonbladet, for which she will cover the bustling capital of China and the life of the people living there. Alexandra grew up in Timrå, Sweden, and started working as a journalist for the local newspaper Sundsvalls Tidning when she was only 16 years old. After graduating from upper secondary school she enrolled in the Swedish army and applied to do her service at Värnpliktsnytt, the Swedish Army’s newspaper. She was accepted, giving her an opportunity to refine her journalistic skills. After 15 months of military service, she was asked to work as an information officer at the Swedish Armed The number of years Forces headquarters in Stockholm. Alexandra Leyton Then she “changed sides” and became Espinoza plans to the one that had to answer nosy jourstay in Beijing before nalists’ tricky questions. “I learned a moving on. lot about how to ask questions to get the answers you want,” she says. 5 It’s not so much about scrutinising or finding scoops as writing what your boss asks you to write.” Alexandra Leyton Espinoza had the opportunity to work for the state-owned newspaper China Daily. 26 DRAGONNEWS • NO.04/2010 TO G E T H ER W E A R E S T R ON G E R ... Simple - Independent - Reliable We transport goods and optimise logistics processes for all types of industries. Big as well as small. And we are there on time - in the most economic way. With Scan Global Logistics, you have a trustworthy partner that provides flexible and individual solutions which make your transportation completely simple. All the way. 41/F, China Online Centre, 333 Lockhart Road, Wanchai, Hong Kong Phone +852 2117 4800 .Fax +852 2838 9330 www.scangl.com After one year, she left the armed forces and started working as a freelance journalist. Soon after, she decided it was time for another challenge; it was time to go to China. Was it your plan to come to Beijing and work as a journalist? “Yes, actually it was. I had seen a TV programme with the Swedish Television’s correspondent in China, Fredrik Önnevall. He was talking about the importance of China compared to the relatively few foreign journalists actually living in and reporting about China. I was working freelance at the time and I really wanted to keep growing and challenging myself so I decided to go. “I arrived in February 2008 just before the Beijing Olympic Games with only two big suitcases. All the overwhelming impressions of Beijing made me take a step back, although I wrote an Olympics blog, I decided to focus on learning the language and getting to know Beijing myself. There is nothing worse than journalists that think they know something when they actually don’t!” How did you get your job at the China Daily? “Well, it was tricky. After I had finished my studies at the Beijing Language and Culture University (BLCU) and decided to start writing full time I contacted the China Daily and they told me that they only hire foreigners who are native-English speakers. I kept trying to convince them to give me a chance. Later when China Daily started their Metro section I got in contact with the foreigner in charge. He decided to give me a chance, much thanks to my South American and Scandinavian heritage. He hoped it would help China Daily connect to the Spanish speaking community as well as the Scandinavian. He gave me a week to show what I could do and after that week we signed a one-year contract.” What was the most important thing you learned about journalism while working at the China Daily? “Actually, what I learned was not as much about journalism as about Chinese culture, especially about the work culture in a big stateowned newspaper like China Daily. What also surprised me was the diversity of the Chinese people working there. Many of them had majored in English and learned all they knew about journalism only after they started working at China Daily. I remember once a coworker told me that if someone wanted to give me a gift or bribe me, it was best not to accept, especially if you didn’t know the person. I later learned that she had never studied journalism —the basics were still new to her.” What was the biggest difference between working for China Daily compared to working in Sweden? “I think it’s very difficult to compare, simply because of the fact that it’s too different. Working as a journalist in Sweden is all about the journalists trying to find interesting stories and scrutinise society, it is about standing up for the common people and drawing people’s attention to injustices in the society. While working at the China Daily you need to check everything with your boss. It’s not so much about scrutinising or finding scoops as writing what your boss asks you to write. You need to put a lot of effort into understanding the hierarchy among the Chinese staff. Knowing the hierarchy will help you get your articles approved more easily.” What do you enjoy the most to write about? “I love telling people’s stories! While working at China Daily, I contacted most of the embassies and got in contact with a lot of very interesting people, such as the cultural counsellor at the Italian embassy, 28 DRAGONNEWS • NO.04/2010 Barbara Alighiero, who told me how it was working as a journalist in the 1970s when she first got here.” What are your plans and dreams of the future? “In the future, some day, I hope to have the opportunity to report from areas where there are armed conflicts, like when I was in Israel and Kosovo as a freelancer. It is when I succeed in drawing people’s attention to these problems that I feel my real worth as a journalist. “My present plan is to stay in Beijing for the next five years. Beijing and China is a very exciting place to be and I’m still building my network as a journalist. At the same time, I have many great friends here in Beijing and without them I don’t think I would have stayed this long!” b Alexandra Leyton Espinoza in brief Name: Alexandra Leyton Espinoza Occupation: Journalist Location: Beijing Favourite Chinese media: “The website chinasmack.com always makes me laugh.” Best thing working with Chinese media: “The learning process and of course how many doors that open when you work for China Daily, everything goes smooth.” Worst thing working with Chinese media: “The hierarchy, I hate it, it stops all creativity and even if you need order, the boss is not always right.” Favourite spot in Beijing: “Parks, I just love them, especially Dragon Park. They make me calm and I love how people socialise in parks.” sis n y l a tio an lua d a an ev h rc and on C n i a o t e h t uati ua d Q es arc l r n a l e t e ev n an m eva ke er s h r nd tio lis ial ce ing a Maartn b c ffi t a g lua P n st mer t O oun i S e r c E as eva y o m L c h n o p rc ory SA pa V c Sup on/A u P ct m /J s ti o Fa C &A es tra t n G n n i nis e io M T N s n I i u mi tm N ng C i p E y B i c o d ru M UR d teg our A H c O n a S S Re co str nd s LI e B S sia a A T A les ES a Y S G TE A R ST MAKE YOUR BUSINESS IN GREATER CHINA GROW GIVE US A CALL: Beijing Shanghai Guangzhou Hong Kong Taipei +86 10 5815 6006 +86 21 6218 9955 +86 20 8331 6019 +852 2521 1215 +886 2 2757 6573 www.swedishtrade.se Hong Kong Be prepared for challenges SEB’s team (from left): Andreas Ebbe, Erik Leclerc, Ole Hamre, Klas Eklund och Gerth Svensson A world hard to govern n SEB’s senior economist Klas Eklund spoke in Hong Kong on 24 November, addressing global challenges in the aftermath of the financial crisis. He stressed that the world has become more difficult to govern, as the Anglo-Saxon version of capitalism is now challenged by authoritarian capitalism. Old organisations, such as the UN, cannot cope with co-ordinating complex negotiations on economic governance, climate change and trade. In this fluid situation, the US is gradually declining, burdened by debt and deleveraging. Europe is facing a crisis in the Euro zone as Germany grows more hostile to costly bail-outs of weaker members. The dominance of Western European countries is challenged by more rapidly growing Eastern European rivals, so the European economic map is being redrawn. Eklund worries that in a period of slow growth, protectionist measures of different kinds could become tempting for many countries. One method is deliberately weakening your currency, via ultra-loose monetary policy or direct interventions in the currency markets. Asia is set to continue its growth. China will soon surpass the US as the biggest economy in the world, and in China’s wake follow India, Indonesia, Vietnam and other countries. Short-term, there are many risks in the Chinese economy, such as regional property bubbles, but these are not a threat to the longterm growth of the economy as a whole. Eklund also mentioned that the Nordic countries have fared well during the recent crisis, showing resilience and now returning to growth. One main reason is their experience of crisis management in the 1980s and 1990s. The lessons learned during those recessions – and the economic reforms undertaken – helped create buffers that have been helpful in this crisis. One example is the Swedish budget rules, which have made the government budget more robust – the reason Sweden does not have to undertake strong austerity measures now. SwedCham Open 2010 n SwedCham’s annual golf tournament was this year held at the beautiful Discovery Bay Golf Club on Lantau Island. We congratulate Mike Hawes and Eva Henriksson, winners of SwedCham Open male/female. We thank our generous main sponsor Cargotec and also the hole-sponsors Direct Link, SHL Healthcare and SEB. See all you golfers next year! The beautiful Discovery Bay Golf Course. 30 DRAGONNEWS • NO.04/2010 n Lars-Åke Severin, CEO and founder of PSU (China) Consulting Co, Ltd in Beijing and Kristian Odebjer, principal of Advokatfirman Odebjer in Hong Kong hosted much appreciated, interesting and interactive seminars in three cities in South China – Hong Kong, Guangzhou and Shenzhen – entitled “Consequences of Corruption, Fraud and Lack of Compliance when Doing Business in China”. Corruption in China is widespread and if companies do not put processes in place, it might be an unpleasant part of business in the country. Corruption is a killer for any business and creates no benefits in the long term. What exactly constitutes corruption is open to discussion and it could also be argued that, in some small ways, what might be called “corruption” elsewhere is a natural part of doing business the “Chinese way” (for example when it comes to exchanges of gifts between business partners). For foreigners in China – companies and individuals – life becomes difficult if we try to too hard to “fit in” to an environment of this kind; mistakes could be disastrous. This is why, from a corporate perspective, we must have a zero tolerance for all types of corrupt behaviour. Preventive measures need to be in place to make sure companies operate according to the law and their own guidelines. Companies need to work pro-actively on a continuous basis with internal training and other measures to create a sustainable, sound corporate culture. Kristian Odebjer (left) and Lars-Åke Severin hosted seminars on corruption in China. From left: Yves Therien (Santa Fe Moving & Relocation Services), Krister Svensson (W Hong Kong) and Mike Hawes, today’s winner of SwedCham Open Today’s happy winner of the female SwedCham Open: Eva Henriksson (Henriksson Consulting) together with the chamber’s chairman Stefan Rönnquist (The Tomorrow Group). Winners of the be st team, from lef t: Andreas Ebbe Private Banking (SEB ), Alexander Kirsha kov, Jonas Blanc (Apsis Asia) and k Joakim Persson (Atos Medical). Beijing Use psychological tools to find the right staff n At a morning seminar on 14 October at the Radisson Blu Hotel in Beijing, three chartered psychologists gave a presentation on how psychological tools can be used into find the right employees. Employees’ motivation and attribution profiles were highlighted as qualities that are important to identify, according to the presentation by Johan Hansson and Torbjörn Vestberg from the Swedish human resources company, Cohr Group and their Swedish colleague Andreas Bergsten. People with a personality that is characterised by an external motivation profile, continuously striving for higher wages and constantly competing with colleagues, will in the long run be more difficult to maintain within the company and they are not conducive to cooperation. Employees with an internal motivation profile that is more focused on developing themselves and their own talents are more likely to be loyal to the company. However, this requires the employer to provide plenty of opportunities for employees to grow, evolve and be challenged in their work. Hansson, Bergsten and Vestberg put forward the internal attribution profile as a very important focus when it comes to finding loyal employees. An employee with an internal attribution profile attribute setbacks to insufficient preparedness or knowledge, while an employee with external attribution profile attributes setbacks to coincidence, to the fact that they work for a bad company or things they have no control over. In other words, employees with external attribution profiles think more in terms of chance, while employees with an internal attribution profile are more likely to believe in hard work. But to win the loyalty of employees with an Apply for visa electronically n On 15 October 2010, Charlotta Holm Vestberg, Migration Attaché at the Embassy of Sweden in Beijing, held a visa briefing at Radisson Blu. The topic was the recent new legislation regarding Schengen visas and the upcoming possibility to apply for visas electronically and make reservations for a visit to the Embassy through an electronic booking system. The new legislation regarding Schengen visas is the Visa Code (Regulation [EC] No 810/2009 of the European Parliament and of the Council of 13 July 2009), the primary role of which is to converge legislation and harmonise the handling processes of visa applications for their issuance for Schengen countries. The Visa Code, which came into force on 5 April 2010, brought with it some changes both for applicants and staff at visa sections. The Embassy was recently the first Swedish mission in the world to introduce the new system. A booking system will be linked to the e-application system, which means that applicants can reserve an appointment for a visit to the Embassy directly after registering the application. During the visit, the application will be signed, a photograph taken and the applicant shall submit their passport and any documents that were not scanned when the application was registered. For applicants whose applications are submitted by a courier or proxy, an e-application will also apply. In such cases, the application can be printed and signed by the applicant and a photograph attached and handed in together with the rest of Charlotta Holm Vestberg from the documents by the courier. The belief Swedish embassy is that this new system will make the gave a briefing visa application process smoother about the new electronic booking and faster for applicants. system for visas. 32 DRAGONNEWS • NO.04/2010 Johan Hansson, Torbjörn Vestberg and Andreas Bergsten talked about external and internal motivation profiles. internal attribution profile, the company needs to make them feel that it stands by their side and believes in them even when they have difficulties. Finally, stressed Hansson, Bergsten and Vestberg, if management show too much sympathy for someone with an external attribution profile, it will be perceived as a weakness and that the management is easy to manipulate. Cornelia Rudh and Agneta Kvarnskog talked about strategic internal communication. Save time by taking time to communicate n Good internal communication is the key to successful change in corporations. But as the adage goes “time is money”. So with sales targets looming and new factories to open, many companies spend little time or effort on internal communication. This was the theme of an internal communication seminar held in Beijing on 25 October at the Radisson Blu Hotel with Cornelia Rudh and Agneta Kvarnskog from the PR agency Springtime as speakers. In fact, they said, internal communication, when done well, saves both time and resources by making change happen faster. Strategic internal communication can help bring about changes that are understood, accepted, and embraced by employees rather than being questioned and held up. Internal communication can build the trust and buy-in necessary for employees to work together on achieving targets. An example of this is the case of Southwest Airlines. After deciding that employee buy-in and a shared vision would be vital to the company’s success, the company did something novel for a firm in the service industry: focus on their employees instead of their customers. The company’s goal at the time was to make everyone in the company think as an owner and being interested in the result. By engaging their employees, Southwest quickly became one of the airline industry’s most profitable players. The case demonstrates that companies that take the time to strategically communicate to their employees in order to bring about trust and buy-in can help their employees and bring about the company’s goals faster and more successfully, said Rudh and Kvarnskog. The secret of success For more than 25 years, Vinge has assisted its clients with their business activities and investments in China and also Chinese clients with their investments in the Nordic countries. Vinge’s long local presence and experience and familiarity with local conditions, enable our China Practice Group to provide invaluable assistance to its clients as legal advisers as well as on all practical aspects of doing business in China. Vinge is one of the leading law firms in the Nordic region, offering a full range of commercial legal services. We can show you the way to create a successful business! For further information, please visit our web site or contact our offices in Shanghai hong Kong Tel +86 21 5382 0196 Tel +852 2523 6149 STOCKHOLM GOTHENBURG MALMO A good commercial lawyer sees beyond the law www.vinge.se HELSINGBORG BRUSSELS HONG KONG SHANGHAI Shanghai Karin Grauers and Gu Qun talked about the challenges of employing in China. Employing in China is getting more difficult Photo: Tony Tang The Swedish Crown Princess Victoria and Prince Daniel visited Shanghai in October. n Employees in China are becoming more and more aware of their rights and salaries are now increasing again. The increase for urban areas is estimated to 8.3 per cent for 2011. Karin Grauers and Gu Qun, both partners of Vinge law firm in Shanghai, gave a morning presentation on the challenges of employing in China. Grauers summarised the difficulties in employing the right person, keeping the good ones and getting rid of the bad ones. Karin Grauers stressed the recommendation to foreign investors to carefully draft employment contracts, specifying the tasks of the employee and to update or introduce a company handbook including, for example, models for evaluation of employees and rules on reassignment. The Vinge lawyers elaborated on the rules on mandatory compensation to employees leaving and reminded the audience about the consequences of wrongful termination and about the models for calculating compensation. The lawyers also warned of which situations employment contracts may not be terminated as well as about joint liability with earlier employers in case of take-overs, for example in mergers and acquisitions transactions. Gu Qun explained the newly enacted rules and their judicial interpretations, addressing, in particular, the circumstances in which consultations with labour unions or employees representative councils are required, while also explaining the amended rules regarding labour disputes. Also the regulations regarding labour unions, collective bargaining agreements and redundancies were described and explained. The presentation triggered many questions and a number of special situations were discussed. The Vinge lawyers concluded that the challenges of employing in China have increased rather than decreased since 1 January 2008. Gala Banquet with the Crown Princess Social media in China n In conjunction with the Shanghai Expo 2010 and the Sino-Swedish SymbioCare Forum organised at the Swedish pavilion, Crown Princess Victoria and Prince Daniel visited Shanghai for three days. On 14 October the Swedish Chamber of Commerce invited its members to a Gala Banquet with the Royal couple at the newly opened Waldorf Astoria on the Bund in Shanghai. Some 200 members attended the dinner and there were also guests from the Swedish Expo committee, the Consulate General of Sweden and the Swedish Chamber of Commerce. The Swedish business community had a chance to meet the Crown Princess and the Prince during a private cocktail before the dinner and each guest was introduced to them. n Derek Dong from Eastwei Relations gave a presentation in Chinese on how social media plays an important role in doing business. The presentation was followed Derek Dong held a by an immersion workshop workshop about social in which participants could media. interact and participate in an exercise showing how we can use social media in business. 34 DRAGONNEWS • NO.04/2010 Geodis Wilson – your Nordic link and advanced partner You know your business perfectly and with us as your logistics partner you can focus on it. Geodis Wilson is the freight management expert of the Geodis Group and we offer competitive solutions for Sea-freight, Air-freight and Sea-air freight. You can feel comfortable in knowing that with 164 years of experience it’s fair to say that we know our business too. Our offering in China includes: • LogisticwarehousecapabilitiesinShanghai • ShortestoceanLCLlead-timefromChinatoSweden • 12officesinChinaandownofficesin55countriesinallpartsoftheworld • Morethan800employeesinChina Our contact in China: Johan Sivertsson Route Development Manager, Greater China / Nordics Geodis Wilson Shanghai Ltd. [email protected] www.geodiswilson.com Geodis Wilson, your freight management partner Hong Kong th 25 Anniversary festivities and the date for that has been set for Friday 4 November 2011. So please mark your calendars … this will be a very special evening! Photo: Gerhard Jörén n The year of 2011 will be very special for the chamber, since it celebrates its 25th Anniversary as a Swedish chamber in Hong Kong! A jubilee committee has already been formed with Michael Knappstein as its chairman. Brain-storming meetings have been held – and many constructive ideas came out of these meetings. Now, some of these ideas have to become reality. There will, of course, be various celebrations throughout the year but the main events will occur during the latter part of 2011. The theme for the whole year will be “Children – innovation and creativity”. And yes there will be a Gala Dinner There is always a lot of action when SwedCham celebrates. The photo is from a previous Gala Dinner when Nils Landgren and his band stood on stage at the Island Shangri-La. More activities in South China Martin Söderberg and Louise Byström are heading the committee. n Chamber activities will continue more frequently in Guangzhou and Shenzhen. In November, Lars-Åke Severin of PSU China and Kristian Odebjer of Advokatfirman Odebjer made a tour with the same presentation in all three cities in South China: Hong Kong, Guangzhou and Shenzhen. This was the first time such a tour had been arranged and it was much appreciated by the attendees. Read more about this presentation on Page 30. New SwedCham office Chamber activities in Taipei n SwedCham Hong Kong is assisting Swedish and Swedish-related companies to start up chamber activities in Taipei, Taiwan. A couple of meetings have been held, and a committee has been formed with Louise Byström, director of the Taiwan this Month tourist guide, as chairman and Martin Söderberg, regional manager at TCO Development Asia Office, as secretary. Several activities are planned– and the first one will be a Christmas luncheon with an invited guest speaker. More news to come … n The Swedish Chamber of Commerce in Hong Kong will move its office during the forthcoming Christmas from the China Resources Building in Wanchai to World-Wide House in Central. From 23 December the new address will be: Swedish Chamber of Commerce in Hong Kong Level 10, World-Wide House Room with a view, here is SwedCham’s 19, Des Voeux Road Central new office in World-Wide House. (Photo Hong Kong courtesy of Worldwide Executive Centre.) All other contact details will stay the same. The chamber will be up and running in the new premises from Monday 3 January. You are welcome to visit us at the Worldwide Executive Centre! SwedCham HK wishes all readers a Merry Christmas and a Happy New Year! 36 DRAGONNEWS • NO.04/2010 What if there were logistics partners independent of heavy, costly overhead structures? What if these partners proved to be more efficient than any of the global network giants? What if they were fine-tuned to Air and Ocean shipments between Scandinavia and China? What if they were as dedicated and committed to the success of your business as you are? And, what if you … …would find this to be perfectly true? China Photo: Helena Jeppsson Nils Landgren and the Funk Unit. Grand Finale at Shanghai Expo 2010 Nils Landgren played for free in Beijing. n The Swedish pavilion closed on 31 October with a Grand Finale party that saw some 300 expo partners present. This last day of the inspiring half year at the expo in Shanghai was also a moment to celebrate the Swedish gold for best creative display. The award was presented by Bureau International des Expositions (BIE) in a ceremony the day before. The success of the Swedish pavilion has been the great collaboration of all parties of government agencies, enterprises and individuals from Sweden and China. There were many pleased and proud guests to share the joy over this award. For the Grand Finale, the Swedish Expo Committee created an event in which the exhibition was open for all guests as the venue for a cocktail reception and a ceremony. Commissioner general Annika Rembe led the final ceremony, which included a discussion about how to promote of Sweden. The main theme was of course how to take future advantage of all the expo’s achievements. David & Fofo were the Street by Sweden artists on the day and they thrilled and entertained from the Innovation stage. The Swedish band Movits played swing, jazz and hip-hop in the VIP section after the buffet. The conference room, Solvatten, proved to be an excellent dance floor, and few guests could resist moving their feet to the lively beats. The rooftop bar closed late this last evening in the Swedish pavilion. Charity Jazz Gig with Nils Landgren n On 19 October, the Swedish Chamber was one of the sponsors for a charity jazz Gig with the famous Swedish trombonist and singer Nils Landgren and his Funk Unit at the International School Western Academy of Beijing. The event was an initiative by two charity organisations, Change for Life and the Spring Bud Project. Change for life is a charity organisation founded in Beijing 2008 by a group of Scandinavian women and it aims to improve the lives of impoverished and poor children and to support disadvantaged children to get an education that can change their lives for the better. The Spring Bud Project was launched by the well-respected China Children and Teenagers’ Fund (CCTF), under the leadership of the All China Women’s Federation. Their goal is to assist girls in poor areas of China to continue or return to school, which will benefit not only the girls and their families, but also the welfare of society as a whole. Landgren played for free in order to raise as much money as possible for the two projects. More than 250 tickets were sold and the guests enjoyed South African wine and finger food to the accompaniment of great jazz music through the evening. Funds raised were shared between the two projects, with the result that 17 children will receive hearing aids for both ears and 11 girls will get onward schooling. For more information about the charity organisations go to: www.changeforlife.se and www.womenofchina.cn/Projects_Campaigns/ Projects/Spring_Bud/ 38 DRAGONNEWS • NO.04/2010 Annika Rembe with the gold award for best creative display. The band Movits performed in Street by Sweden on the last day and also made the Solvatten dance floor vibrate in the evening. David & Fofo showed their artistry at the Innovation st age. Annika Rembe, Swedish ambassador Lars Fredén, consul general Bengt Johansson, Mats Bergman (Swedish Trade Council), Mats Harborn (Swedish Chamber of Commerce) and Ulrika Hallesius (Visit Sweden) discuss the Swedish expo participation. Goodbye Mac - Welcome Malin! Mac Karlsson leaves for Moscow. Malin Franck takes over in Beijing. n The Swedish Chamber of Commerce would like to say thank you and goodbye to Mac Karlsson, former general manager for Radisson Blu Hotel Beijing, and who, with his Lilya, after almost seven years, leaves Beijing for new challenges and experiences at the Radisson Slavyanskaya Hotel & Business Centre in Moscow. Thank you, Mac, for hosting the Swedish chamber’s office and for all your generosity and support. It has been a pleasure working with you. At the same time, we would like to welcome Malin Franck, who is the new general manager of Radisson Blu Hotel Beijing. Franck has more than 20 years experience of working at Radisson Blu (previously Radisson SAS) at various locations in Sweden as general manager. It will be a pleasure to get to know you, Malin. Good Luck! Swedish Chamber of Commerce in China HONG KONG >>> HONG KONG Individual members >>> Holmbergs Childsafety Co, Ltd Block A, 19/F Kong Nam Ind. Building 603 Castle Peak Road Tsuen Wan, N.T. Hong Kong Tel: +852 3422 8191 Fax:: +852 3422 3372 E-mail: [email protected] Web: www.holmbergs.se Line of business Holmbergs Childsafety Group is a market leader in the segment of child restraint harness for child car seats. The company started manufacturing components for seat-belts as far back as the 1950s. Since then Holmbergs has grown into an international organisation with production and product development facilities in both Europe and Asia together with sales representation in Europe, Asia and US. Today, the focus of the business is concentrated to the child safety area. Chamber representative Matz Larsson, Managing Director 1 2 Ottoboni Group Ringvägen 100 SE-118 60 Stockholm Sweden Tel Sweden: +46 8 501 103 00 Tel Hong Kong: +852 6491 0822 (mobile) E-mail: [email protected], [email protected] Web: www.ottoboni.se Line of business Ottoboni Group is a design and communications agency specialised in digital channels. We deliver high-quality digital communication to a broad range of international clients ranging from Google, 3, The Absolut Company and Skanska. Our focus is developing your business and strengthening your brand by engaging and interacting with your target groups in digital channels. Coordinating digital channels and combining them with other forms of marketing is one of our key strengths. We are a full service agency taking care of all aspects of your communication from strategy, concept and production to analysis and optimisation. Chamber representatives Fredrik Suter, Senior Project Manager Daniel Bernehjält, CEO & Founder 40 DRAGONNEWS • NO.04/2010 1 2 Peter Dahlgren Flat B, 25/F, Block 22, Laguna City Kwun Tong, Kowloon Hong Kong Tel: +852 9570 4770 E-mail: [email protected] Jim Bjärkeback Harbourfront Horizon Suite B 1701 8 Hum Luen Road, Hung Hom Bay, Kowloon, Hong Kong Tel: +852 6907 9166 E-mail: [email protected] HONG KONG Overseas member >>> ABB AB/ Jokab Safety Boplatsgatan 3 SE-213 76 Malmö Sweden Tel: +46 40 6715644 Fax: +46 40 6715601 E-mail: [email protected] Web: www.jokabsafety.com Line of business Jokab Safety develops innovative products and solutions for machine safety. We are specialists in practical application of safety requirements in connection with production requirements. With a complete range of machine safety products, we are your perfect partner - globally and locally. Chamber representative Jonas Wackerfeldt, Manager Strategic Sourcing JOHNNY’S PHOTO & VIDEO SUPPLY LTD • Photographic Equipment • Video/Audio Hi-Fi Equipment • Home Appliances • Colour Film Processing/Enlargement • Audio/Video Dubbing Services • Communication Equipment • Electronic Equipment • Repairing Services • Mail Order Acceptable Shop No.65, 1/F, Admiralty Centre, 18 Harcourt Road, Hong Kong Tel: 852-2877-2227 Fax: 852-2877-2120 Mobile: 9051-9499 E-mail: [email protected] Opening Hour: Mon – Sat 9:00am – 7:00pm Sunday 2:00pm – 6:00pm THE HUMAN TOUCH because your peace of mind...is our peace of mind TM APC FlowControl TM With APC FlowControl we provide our customers with real-time web based solutions for controlling and recording all physical, virtual and administrative movements of their consignments - from door to door. Solid, reliable and utterly transparent, the future of your logistics is always in a safe pair of hands with APC. And of course, the human touch is never more than a phonecall away. www.apclogistics.com CHINA >>> Cohr Group AB Sveavägen 32, 3th floor SE-111 34 Stockholm Sweden Tel: +46 8 411 64 55 Web: www.cohrgroup.com Line of business Cohr Group is a global human resources company specialising in psychological and business related assessment of top and middle management for strategic talent management and management development. We offer a unique combination of psychological expertise and knowledge of the conditions and demands in the corporate world. Chamber representative Torbjörn Vestberg Manager of China Operation, Chartered Psychologist, Senior Consultant E-mail: [email protected] Mobile: +86 1510 160 4611 1 Sustainability Support Services (Europe) AB Västergatan 11 SE-222 29 Lund Sweden Tel: +46 46 2850 417 Web: www.sustainability-support.com Line of business REACH (registration, evaluation, authorisation and restriction of chemicals, Regulation EC No 1907/2006) entered into force on 1 June 2007. This regulation will have a significant impact on manufacturers and exporters of chemicals and articles containing chemicals. Sustainability Support Services (SSS) (Europe) AB is set up exclusively to provide technical assistance and guidance as required for non-European manufacturers and exporters of chemicals and chemical containing products to the European Union. Chamber representatives Shisher Kumra, Managing Director E-mail: [email protected] Mobile: +46 70 877 9951 Xiaomin Dan Strand, Administration Business Development E-mail: [email protected] 42 DRAGONNEWS • NO.04/2010 1 To see how we can help you please visit our website www.pcs.com.hk or write to John Barclay at [email protected] A fter h ours n Dining n Books A Swedish restaurant in Taipei Whether you are in Taipei on business or just for leisure, don’t miss a visit to Flavors, a Swedish restaurant owned by chef Ola Wang and his wife Stephanie, who met at a famous hotel and restaurant school in Switzerland. Flavors has been voted best Western restaurant in Taipei in three categories and has also been reviewed as the No 1 restaurant in Taiwan by www.tripadvisor.com. Sporting a very cosy atmosphere, chef Ola provides a personal touch. The menu is filled with well known and tasty Swedish and Scandinavian dishes that will make you home-sick. Expect to leave the restaurant with such a comfortable feeling of home you will be surprised to find yourself in the back alleys close to Taipei 101, and not in Stockholm … Phone: : +886 2 2709 6525 Opening hours: Tuesday-Friday 18-22.30, Saturday-Sunday 12-14.30 and 18- 22.30 (Monday closed). Lunch by reservation. Address: Ren Ai Rd, Sec 4, No 13, Alley 26, Lane 300, Taipei, Taiwan Guidebook writer makes his novel debut Chris Taylor has published his first novel, called Harvest Season. Since the 1980s, veteran Asia-based writer Chris Taylor has contributed to the Lonely Planet guidebooks covering, for example, Seoul, Tokyo, China, Tibet, Cambodia, Malaysia and Indonesia. His stories have appeared in publications such as Time, the Wall Street Journal, the Far Eastern Economic Review and the South China Morning Post. A few years ago Taylor was living in Dali, Yunnan province, but is now based in Kunming, where he is a freelance writer and editor. He is also the English editor for Dragon News, an assignment he has had for the past four years. Earlier in 2010, Taylor published his first novel, Harvest Season, which is the first contemporary novel to be published by the Shanghai-based Earnshaw Books. The story, which takes place in an idyllic ancient walled town deep in the mountains of southwest China, is about a former guidebook writer who returns to find his modernday vision of Shangri-la threatened by forces he wants to protect it from. Instead, he falls for the wrong woman and becomes entangled in a power struggle that pits the drugaddled Westerners against increasingly hostile locals. Critics have compared the book with The Beach by Alex Garland, which became a popular Hollywood movie starring Leonardo DiCaprio. n Hotels Trendy hotel in Hong Kong n Fitness Heyrobics in China Every weekend, in the summertime in Chaoyang Park and in winter at Chaoyang Gymnasium in Beijing, about 300 metres south of Chaoyang Park, you can enjoy Friskis&Svettis, or as it is called here, Heyrobics. If you are a Scandinavian, you probably know what this is all about, but to make a long story short, it is about exercising your body to keep yourself healthy and feel well about yourself. The goal of this exercise is to lure you into a smile and feel passion for moving your body. Heyrobics is performed in a big group in which everyone encourages one another to keep it up. Earlier this year, a Heyrobis team also performed outside the Swedish pavilion at the expo in Shanghai. For those who live in the university area of Wudaokou, Renmin University hosts a session every Saturday. More information at www.heyrobics.com and from: [email protected] 44 DRAGONNEWS • NO.04/2010 Located conveniently in the new and buzzing West Kowloon, tapped to become the city’s new finance and commerce hub, W Hong Kong is the nearest lifestyle hotel to AsiaWorld-Expo and Hong Kong International Airport. The hotel has been voted one of the 10 trendiest hotels in the world by TripAdvisor. With the Swedish general manager Krister Svensson’s passion for hotels, extensive exposure in Asia and impressive career spanning over 25 years, W Hong Kong has become the best lifestyle product in one of the world’s greatest hotel cities. The hotel has 393 rooms, an award-winning spa, a rooftop pool, a state-of-the-art gym, two signature restaurants and an expanded ballroom with the highest ceiling in Kowloon. m T ank pe Martin Carey, Private Banker Find one Private Banking advisor, then make sure he knows many specialists Wealth management today involves much more than selecting the best stocks and bonds. At Nordea Private Banking, we offer you an experienced personal advisor and a comprehensive overview of your wealth based on thorough research and rigorous analysis. One private banker, many specialists – making it possible. Visit us at www.nordeaprivatebanking.com, or call +65 6317 6522 to arrange a meeting. *Further information about the study can be obtained at www.myprivatebanking.com/category/research Nordea Bank S.A is a part of the leading financial services group in the Nordic and Baltic Sea regions. Being the leading Nordic pan-European banking entity in Luxembourg and Switzerland, Nordea Bank S.A. focuses on international Wealth Management, Fund Distribution and Fund Management services. Our 360 employees serve a wide spectrum of international clients in more than 125 countries. Some products and services mentioned may, due to local regulations, not be available to individuals resident in certain countries. Published by Nordea Bank S.A., Luxembourg. Nordea Bank Singapore Branch, 3 Anson Rd #22-01, Springleaf Tower, Singapore 079909 . T h e c h amber and I Since Hong Kong is a hub for the whole Asia-Pacific region, a regional forum or a regional event, organised by the Swedish Chamber of Commerce, would be great, says Joakim Persson of Atos Medical. ‘A regional forum would be great’ J oakim Persson is sales director for Asia Pacific for Atos Medical, a company that provides medical devices for the ear, nose and throat (ENT) market segments. He is based in Hong Kong. When did your company become a member? “My company joined shortly after we had opened our office in Hong Kong, in the beginning of 2007.” Why did you become a member? “Our company was quite new in Hong Kong, and so was I personally. I came alone to Hong Kong and I felt that I would surely achieve my goals much more easily with the help of some good advice, and the Swedish chamber seemed to be the obvious choice. I saw great advantages in the network of Swedish people and companies that had already been through many of the same challenges that we were facing as newcomers in Hong Kong.” What has the membership meant to your company? “There were many ‘new doors to open’ for me when we arrived in Hong Kong, but by using the experience and advice that was offered by companies and people within the chamber, the process has been a lot quicker and easier than it otherwise would have been.” Kong, and there is something that I find especially interesting, I make an effort to attend.” What kind of activities do you enjoy the most? “I think the breakfast meetings are great. They often cover interesting topics and since I am always pressed for time, I find that they do not take too much time out of the working day. Also, the traditional and highly popular Swedish parties are, of course, always great fun!” What kind of activities would you like the chamber to arrange in the future? “I think the diversity and frequency of events are great already, so if the chamber can continue in the same way, I would be more than happy. “One thought I have is that since many companies use Hong Kong as a hub, not only for business in Hong Kong and China but for the whole Asia-Pacific region, a regional forum would be great. Some kind of forum, or perhaps an event that connects the chambers in the region, would be very useful not only for us, but I am sure, also, for a lot of the member companies.” Do you and your fellow co-workers attend the meetings at the Swedish Chamber? “I am travelling in the region very frequently so unfortunately I cannot attend as often as I would like. But whenever I am in Hong Do you have any other comments? “I will close by promoting the chamber: If you not are a member already, join now! “On a more serious note, it is the members that make the chamber what it is, so the more members we have, the more experience and knowledge are shared within the network, and that is something that we all will benefit from.” b Swedish Chamber of Commerce in Hong Kong Swedish Chamber of Commerce in China DIRECTORS OF THE BOARD Stefan Rönnquist, Chairman [The Tomorrow Group] Hans Jarne, Vice Chairman [Ericsson] Michael Zell, Vice Chairman [Handelsbanken] Gunnar Mansfeld, Tresurer [Ocean Trawlers] Eva Henriksson [Henriksson Consulting] Staffan Löfgren [ScanAsia Consulting] Kristian Odebjer [Advokatfirman Odebjer] Ulf Ohrling [Mannheimer Swartling] DIRECTORS OF THE BOARD Mats Harborn, Chairman [Scania] Mats Johansson, Vice Chairman [Gunnebo] Christine Engdahl, Treasurer [Sweden Expo entity] Yvonne Chen [Swedish Chamber of Commerce in China] Paoling Chiu [Lotus Travel] Birgitta Ed [Springtime] Fredrik Ektander [SEB] Kristina Lang Falck [ IKEA] Johan Menckel [Sapa] Tom Nygren [Ericsson] Marianne Ramel [Gide] Tomas Sörensson [B&N Tools] 46 DRAGONNEWS • NO.04/2010 * From Flightstats 2009.