Monday, May 20, 2013
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Jul 21
2011
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Comment (1)
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Aug 04
2010
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This week, the cover story in The Economist is titled, “The Rising Power of China’s Workers.” It explains how the strong pressure for higher wages will shrink China’s trade surplus and boost its spending. “A 20% rise in Chinese consumption might lead to an extra $25 billion of American exports. That could create over 200,000 American jobs,” says the magazine’s leader.
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Jul 13
2010
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In May 2008, I went to Chengdu to help coordinate FedEx relief efforts after the devastating Wenchuan earthquake in Sichuan province. The earthquake, which hit on May 12 at 2:28pm, registered 8.0 on the richter scale and demolished homes and livelihoods. In its wake, tens of thousands of people were left dead and those who survived were homeless.
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Aug 07
2009
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We are facing the toughest economy in FedEx history. Even with the challenge of this current economic environment, FedEx remains committed to making smart, strategic international investments that benefit our customers, employees and shareholders. International trade is increasingly important to FedEx and our customers, and FedEx Trade Networks is doing its part to strengthen our Company’s global services by expanding our global presence and international freight forwarding capabilities.
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Mar 12
2009
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Over the past few months, I have been hearing the question, “given the current economic slowdown, is now a worthwhile time to invest in building brands in emerging markets like China and India?” In my opinion, the answer to the question is a resounding “yes.” Despite the global economic slowdown, China and India remain two growth engines of world economy and present long-term opportunities, especially when you factor in their growing brand consciousness and middle class.
