The 3rd China-Series Event “What Failed Badly for Foreign Companies in China” presented by TusPark UK

TusPark presented the 3rd in its series of talks about doing business in China.

Working with the Cambridge Science Park, TusPark has been working to help UK businesses enter China through its innovation ecosystem, the largest in China. This series focuses on helping British startups and companies understand what modern China is like, and gives tips on doing business within it.

Last year saw TusPark presenting on “All You Want to Know about China but Were Afraid to Ask”, and “Business Opportunities in China’s Fast-Growing Technology Sector” in October and November respectively.

Dr. Wei Meng, Director of Operations, TusPark UK delivered opening speech

Today, we were delighted to have Mark Schaub, Senior Partner at King & Wood Mallesons to present “What Failed Badly for Foreign Companies in China”. This event was co-hosted by Cambridge Science Park, CBBC, Tech UK, and King & Wood Mallesons.

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Mark had spent several decades living and working in China, focusing on foreign direct investment, cross-border M&A, intellectual property rights, and private equity investment in China.

Mark delivered a particular perspective of China, seen through the eyes of a foreign lawyer. He gave a general introduction of the Chinese market, as well as explained its significance for technology companies in particular.

Mark also shared his experience in helping foreign enterprises enter China in various fields, such as blockchain, fintech, life sciences, and more. He spoke about challenges faced by foreign SMEs, such as intellectual property rights, which are especially pertinent considerations for tech and science companies looking to enter the Chinese market.

The “China-Series Event” seminars are a platform to understand Chinese and cross-border business opportunities.

The next event in the Series will be in May.

Previously on China-Series Events:

3rd Oct 2018: All You Want to Know about China but were Afraid to Ask.

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This was first lecture of the China Series held by Tuspark UK. Dr. Wei Meng, Director of Operations, TusPark Cambridge, gave an introduction to China’s history, different regions, and regional culture. He also introduced TusPark’s over 200 incubators, science parks, and science cities in different regions of China, and the help TusPark can offer in space, capital and network.

27th Nov 2018: Lunch & Learn – Business Opportunities in China’s Fast-growing Technology Sector

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The second event of China Series, with talks by TusPark as well as three of China’s tech giants, Huawei, Alibaba and JD.com, companies learned about the business opportunities arising in this fast-growing sector. Henk Koopmans, CEO of Huawei Technologies Research & Development (UK) Ltd, Dr. Chao Zhang, Founding Advisor of JD.com AI Research Europe, and Alan Shen, Cloud Business Development Manager of Alibaba, gave an overview to Huawei, JD.com, and Alibaba, respectively. Discussions on technologies, especially artificial intelligence, China, and business opportunities followed.