China’s foreign trade amounted to 14.76 trillion yuan ($2.27 trillion) in the first five months of 2021, up 28.2 percent year-on-year, according to the General Administration of Customs. The country’s exports soared 30.1 percent on a yearly basis to 8.04 trillion yuan from January to May, while its imports jumped 25.9 percent year-on-year to 6.72 […]
Archives for June 2021
Be Careful Where You Sit
It’s known as Miles Law, and it’s attributed to Rufus Edward Miles, a Federal administrator who served as an assistant secretary under three U.S. presidents. It states: “where you stand depends on where you sit.” The phrase acknowledges that where we stand in the perspectives that affect our opinions or decisions, comes from where we […]
5 best practices for the modern HR leader
In this new era, chief human resources officers (CHROs) must change the way they think about their own job and act as catalysts for growth and culture change. In a report titled Care to Do Better: Building Trust to Leave Your People and Your Business Net Better Off, Accenture refers to this new type of CHRO […]
Hong Kong’s most attractive employers 2021: HKJC, Cushman and Wakefield, Towngas
In a survey of job seekers’ and workers’ perceptions of employer brands in Hong Kong, The Hong Kong Jockey Club (HKJC), Cushman and Wakefield, and The Hong Kong and China Gas Company (Towngas) crowned as Hong Kong’s top three most attractive employers respectively. This is the first time , The Hong Kong Jockey Club has snatched the top spot. […]
Moen’s parent company to expand China presence
Fortune Brands Home & Security Inc, the parent company of Moen – the sanitary ware and smart home services provider — will expand both its online and offline presence across China to further compete with other established rivals in the coming years, said its senior executives. Many opportunities come from the country’s ongoing consumption upgrading […]
Top 10 Chinese wealthiest professional managers
The Hurun Research Institute released its China Richest Professional Managers 2021 list on Jan 19, the first of its kind. Executives of soy sauce maker Haitian Flavoring, internet giant Tencent, e-commerce titan Alibaba, dairy firm Yili, hotpot chain Haidilao, and electrical appliance maker Midea swept the top 10 spots on the list. The top 50 […]
Industrial profits rise 106% in Jan-April
Profits at China’s major industrial firms grew at a steady pace in the first four months of the year as the country’s economic recovery gained further momentum, official data showed on Thursday. China’s industrial firms with annual business revenue of at least 20 million yuan ($3.12 million) saw their combined profits rise 106 percent on […]
AESC Interviews Links Dollars and Diversity & Inclusion
According to Gallup, “Organizations that are the best in engaging their employees achieve earnings-per-share growth that is more than four times that of their competitors. Compared with business units in the bottom quartile, those in the top quartile of engagement realize substantially better customer engagement, higher productivity, better retention, fewer accidents, and 21% higher profitability. […]
Employees to be more impactful than investors and the boards in future business strategy
New data has found that in the next five years, customers (70%) and employees (41%) will be the most influential stakeholder groups on business strategy globally. According to Russell Reynolds Associates’ latest report which surveyed more than 1,000 business leaders across 53 countries, investors (37%) and the board (33%) were ranked third and fourth. The report […]