While strolling along Nathan Road on my first day in Hong Kong, I saw at least 100 shoppers waiting in line outside the Louis Vuitton store. Surely they must be giving away free handbags or something, I thought. But after asking several people in the line, it turned out there wasn't even a sale. While I'd come to China hoping to buy a fake handbag or two, it seemed that Chinese people wanted the real thing and didn't mind waiting in line for it.
Later that week, in a lecture taught by HKUST Professor Roger Chen on The Emergence of the Chinese Market, I would learn just how dominant luxury retail is in Hong Kong. In a recent survey conducted by Cushman & Wakefield, Hong Kong captured the No. 2, No. 3 and No. 4 spots as the most expensive streets in the world for retailers. Only retailers on Fifth Avenue pay more annual rent per square foot than the retailers in Hong Kong's Causeway Bay, Central and Tsim Sha Tsui districts.
The Chinese's obsession with luxury retail was just one of the many surprises Hong Kong had in store for me during DBi Hong Kong. In the classroom,canadagoosecheapjackets we learned about the shocking similarities between American and Chinese politics, the struggles international companies faced in reverse engineering their products for the Chinese markets and the fine art of Chinese business negotiations. Outside the classroom, we rubbed elbows with locals at Happy Valley racetrack, learned self-defense Kung-Fu moves and sat in training planes at Cathay Pacific City.
After the two weeks was over, I had the unique opportunity to put my newfound knowledge to the test and actually "do business" in China by spending some time in my company's Hong Kong office, an experience that highlighted the newfound skills I had gained through the HKUST program. My co-workers were impressed with my knowledge of the Chinese political system, interested in what we had learned about local Chinese businesses and appreciative of my genuine curiosity about China. Several of them, including the Managing Director who runs the Asian offices, expressed interest in attending the classes.bestchloehandbags
DBi Hong Kong cannot be simplified to merely taking classes in another country. I learned so many subtle things about China both inside and outside the classroom,nylonbagfactory nuances that I would never have learned on a typical vacation or through traditional MBA classes. For two weeks, I "lived" in Hong Kong,authenticmonclercoatscanadagoosejackets1 immersed myself in Chinese society and felt the pulse of life in the next world power.
Later that week, in a lecture taught by HKUST Professor Roger Chen on The Emergence of the Chinese Market, I would learn just how dominant luxury retail is in Hong Kong. In a recent survey conducted by Cushman & Wakefield, Hong Kong captured the No. 2, No. 3 and No. 4 spots as the most expensive streets in the world for retailers. Only retailers on Fifth Avenue pay more annual rent per square foot than the retailers in Hong Kong's Causeway Bay, Central and Tsim Sha Tsui districts.
The Chinese's obsession with luxury retail was just one of the many surprises Hong Kong had in store for me during DBi Hong Kong. In the classroom,canadagoosecheapjackets we learned about the shocking similarities between American and Chinese politics, the struggles international companies faced in reverse engineering their products for the Chinese markets and the fine art of Chinese business negotiations. Outside the classroom, we rubbed elbows with locals at Happy Valley racetrack, learned self-defense Kung-Fu moves and sat in training planes at Cathay Pacific City.
After the two weeks was over, I had the unique opportunity to put my newfound knowledge to the test and actually "do business" in China by spending some time in my company's Hong Kong office, an experience that highlighted the newfound skills I had gained through the HKUST program. My co-workers were impressed with my knowledge of the Chinese political system, interested in what we had learned about local Chinese businesses and appreciative of my genuine curiosity about China. Several of them, including the Managing Director who runs the Asian offices, expressed interest in attending the classes.bestchloehandbags
DBi Hong Kong cannot be simplified to merely taking classes in another country. I learned so many subtle things about China both inside and outside the classroom,nylonbagfactory nuances that I would never have learned on a typical vacation or through traditional MBA classes. For two weeks, I "lived" in Hong Kong,authenticmonclercoatscanadagoosejackets1 immersed myself in Chinese society and felt the pulse of life in the next world power.
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