Hong-Kong born Canadian citizen David T. Fung studied engineering and business in Quebec and Ontario before entering business. He is the current vice-chair of the Canada-China Business Council and CEO of a company with holdings in North America, China and Europe.
Ready or not, China will be Canada's next major trading partner and the primary destination for many brave new entrepreneurs.
The Canada-China Foreign Investment Promotion and Protection Act (FIPPA), Canada's biggest foreign trade treaty since NAFTA, will get domestic approval status in Canada at the end of October. It's a mutually-binding agreement that Canada and China protect and respect the rights of investors from the partnering country. It's a treaty China-Canada watchers say has immediate symbolic, if not economic, significance.
The Vancouver Observer spoke with David T. Fung, vice-chair of the Canada-China Business Council and CEO who has business partnerships in North America, Europe and Asia about what his top five pieces of advice would be for Canadian entrepreneurs aspiring to start a business or invest in China.
1. Send yourself or your executives to study in China