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The Economist: Business, The Economist
Thu, 10/16/2014 - 7:59am

ENTREPRENEURS do more with less, proclaimed Fiona Woolf this week on a visit to Shanghai. Lady Woolf, the current Lord Mayor of the City of London, was speaking at an academic conference devoted to helping small and medium enterprises (SMEs) flourish in China. These businesses face all of the same obstacles as big firms trying to enter China but have far fewer resources.Intellectual-property rights are hard and costly to defend.

Topics: fiona woolf shanghai lady woolf lord mayor city london smes alexandra voss german chamber commerce franklin yao smith street solutions china foreign entrepreneurs small firms enter local

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