Gucci Learns To Speak Chinese – China Business

Entrepreneurship is a subject under intensive study at the University of Nottingham Ningbo, and a friend in the school's communications department recently sent me a summary of a research project about entrepreneurial learning. Reading through it got me thinking about the relationship between building a business and self-education, in particular as it relates to China.

A couple weeks ago I was shopping for a pair of sneakers near Shanghai's Zhongshan Park and came across what appeared to be an Air Jordan sportswear outlet. I was thrilled when I saw the low prices on the merchandise inside, figuring the place must be a brand discount store like the ones Nike has elsewhere in the city. So I started looking for a pair of sneaks to try on. I looked at each model.

Entrepreneurial success stories might rank only behind love stories in universal appeal. Who doesn't want to earn big money, and at the same time become a hero by creating jobs, products and services that people need?

On February 25, 2006, Beijing city government officials and managers of the municipality's state owned enterprises (SEOs) convened a meeting with dozens of Wenzhounese bosses in the capital’s Intercontinental Hotel on Financial Street. The Wenzhounese had arrived at the request of the Beijing officials to explore the possibility of investing their money and know-how in the unprofitable SEOs.