From Left to Right: Dr. Connell Wise, Dr. Gbadebo Odularu, Cody Dietrich, Sarah Catherine Wendt
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Summary
On February 22, FAO Global Business Analysts Tong Wu and Michael Tian attended the ShopTalk Series: Doing Business in Asia at Global Policy Institute in Washington, D.C. At the event, international experts include Cody Dietrich from U.S. Commercial Services, Dr. Gbadebo Odularu from Center for Research on Political Economy, Dr. Connell Wise from Connell Wise & Associates, LLC, and Sarah Catherine Wendt from INTL Translation & Communications talked to dozens of U.S. enterprises on how to successfully do business in Asia, and in China.
3 Key Takeaways
Takeaway #1
There are state grants in Virginia and D.C. to help U.S. entrepreneurs and small enterprises with funding to cover and reimburse travel costs so that they can compete with larger companies with more resources.
There are state grants in Virginia and D.C. to help U.S. entrepreneurs and small enterprises with funding to cover and reimburse travel costs so that they can compete with larger companies with more resources.
Takeaway #2
U.S. companies should take advantage of the services offered by the U.S. department of Commerce, if they meet the “U.S. national interest estimate.” For example, if 51% of a product is made in the U.S., or if it brings jobs to a region.
Takeaway #3
To accelerate success and become a world class business, a U.S. company should familiar itself with the traditions and norms of other cultures. This is vital to long term success and customer adoption.
FAO Global Assessment
The ShopTalk series highlighted the presence of U.S. government support through the Department of Commerce. The panel expressed the necessity and benefits offered by competitively priced business intelligence firms such as FAO Global. The dynamic structure and broad network of FAO Global allows our analysts to provide the most updated assessment of business sites and gives us the ability to connect clients with the most relevant experts in the field. The diverse background of FAO Global analysts, and our experiences living abroad, provide us with the skillset and the awareness to recognize the differences and expectations in local cultures. Private consulting companies, like FAO Global have a role to provide in-depth knowledge and develop more individualized strategies for U.S. businesses who want to partner with China and emerging markets.
Analyst Bio’s
Michael Tian: Michael Tian is currently a Junior at Brown University concentrating in International Relations and Economics with a focus on East Asia. Dedicated to understanding the global economy and its effects on inter-state relations, Michael seeks to promote mutual cooperation and foster cultural ties across cultures and space by developing informed and objective publications in both policy and academia.
Tong Wu: Tong Wu is a volunteer contributor and Georgetown graduate student who writes on U.S.-China business issues. She has experience as a field study consultant with PwC, communications & marketing at Georgetown University, and has previously worked as a freelance writer.
Brandon Hughes: Brandon is the Senior Analyst and Founder of FAO Global. He served as a government adviser and led military teams in Afghanistan, supported peace keeping operations in Europe, led corporate security teams in Las Vegas, and conducted strategic U.S.-China focused research for the prestigious Carnegie Endowment & Asia Society. Brandon leads FAO Global to conduct cross-border international business ventures between the U.S., China, and emerging markets in Asia.
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Our Analysts, Associates, Consultants, and Interns all possess extensive experience in a foreign country and a foreign language capability. Our talent pool includes graduates from the elite Tsinghua University in Beijing, Georgetown University, George Washington University, UC Berkeley, and University of South Carolina. Being based in the Washington, DC Metro Area provides our team the advantage to build relationships with policy makers, foreign diplomats, business leaders, and non-profit groups providing a holistic view of global policy and the impacts to the business community. In addition to being based in the Washington, DC area, we retain the input and advice from affiliates located in China. This allows us to maintain on-ground awareness of changing business and political environment conditions and facilitate client projects between the two countries and the greater Asia continent.
