Free seminar to examine post-Brexit opportunities in China and Hong Kong

River Huangpu in Shanghai

If you’re in the UK on Thursday 8 June, there is one event that you can’t afford to miss if you have an interest in Brexit. Perhaps two if you include the General Election.

A free seminar networking event for businesses in Gloucestershire and surrounding areas aims to shed light on how businesses in Britain can take advantage of the current golden opportunities to enter China and Hong Kong markets.

Hosted by culture experts Join in China, the seminar will feature top speakers, including a Minister Counsellor from the Chinese Embassy and government representatives from Hong Kong and the UK.

The event will be held at Hartpury College, Gloucester, 9am – 2pm, meaning that you will still have time to dash to the polling booth to cast your vote (or spoil your paper, if you think a hastily called election is a load of ballots). You can register your interest here.

Professional leaves Brexit Britain – and tells world on LinkedIn

Hong Kong skyline

A while back I suggested that it’s better to be bold amidst so much Brexit confusion, and it looks as if a Millennial worker from the UK is being precisely that – making his own way, whether PM May has a full Brexit mandate or none.

In an engaging LinkedIn piece that has racked up 7,500 views, Jon Davies (who like me went to school in Berkshire, though that’s where the similarities end) described how he packed his belongings into a 30kg case and left for Hong Kong – without a new job lined up.

At 8:10 tonight the wheels of Cathay Pacific flight CX256 to Hong Kong will leave the tarmac of Heathrow airport and my own Brexit will be complete. Now that Article 50 has been triggered it feels there is little upside for a young person with ambition to stay in a country that will be embroiled in great uncertainty for the next 2 years at least.

In the first Brexit postcard from Hong Kong of what might become several LinkedIn Pulse posts on his settling in as an expat, Jon, a City professional, shared his diligent approaches towards finding opportunities (I’m not convinced personally that life is better with Excel, Jon, but I admire your efficiency!):

Create a master contacts/opportunities spreadsheet. A CRM tool if you will. Let’s face it life is just better with a master spreadsheet. That is already done. Fire out emails to all existing contacts on the ground in Hong Kong to get the networking ball rolling.

Is there anyone out there planning a similar move? I’d be interested in hearing from you!

Beyond Brexit: global opportunities in China and Southeast Asia

Article 50 has been triggered and the UK is now on the long road to Brexit nirvana, whatever that looks like.

The path ahead is more likely to be one of those twisty-turny, gut-wrenching mountain roads than the fast lane of a motorway, with no clear vision of where the final post-Brexit destination will be, when this fabled destination will be reached, or even if the Brexit bus will arrive in one piece. It might lose a wing mirror – or worse.

As familiar pastures recede into the distance, the Brexit bus will climb higher through the mist, and the air temperature will drop a little. There will be signs of ice. Mountain goats from the past will clatter down the rocks from their lofty perch to butt in the conversation, though unlikely to topple the Brexit bus altogether.

Bus on a mountain road

Despite the uncertainty, or perhaps because of it, old symbols from the past will be revived. There is talk of the navy British passport coming back (though a passport cover is just as effective; mine is black – which is neither blue nor burgundy, and frankly no one in the world cares what colour the British passport is). Bizarrely and worryingly, there are growing tensions over Gibraltar.

But we can’t go back to 1982. Looking past the cranks and the hotheads on both sides of the Brexitian fence, there are intriguing global opportunities to explore for UK-based Brits and EU citizens alike – and where better to begin than in today’s most exciting “emerging” markets in East Asia.

China

Relations between Britain and China have come a long way in recent years, which is just as well, as good terms will likely come in handy. There is much talk of a “golden era”, symbolised by President Xi and then British PM David Cameron enjoying a bilateral pint down the pub in late 2015 before the cameras (Green King IPA sales later went through the roof in China and the pub was bought by the Chinese).

The Chinese premier later participated in a photo op with Cameron and Man City’s star striker Sergio Aguero in what was arguably the most surreal selfie in modern times. It’s fair to say that he is still going strong, while Cameron and Aguero have been sidelined, with more than one goal missed…

China and Britain have since made a fresh commitment to promote free trade as both countries speed up efforts to start the golden era for real, according to Xinhua, and there are indications that things are taking off.

Taking off literally in the case of the new flights announced in March from London to Guangzhou and Manchester to Beijing. Meanwhile a delegation of 60 high-net-worth entrepreneurs from China will be visiting London in June to seek opportunities for investment and partnerships with British SMEs.

But let’s focus on everyday people.

Young Brits are already doing incredible things in China. Leading the way in telling their story is the British Council, who interviewed Christopher Colman, a young British animator who moved to China upon graduation, and published a piece by British fashion designer Stephanie Lawson on launching a brand in China and “surviving”.

An earlier article tells of an English language assistant in China who had come up with a sustainable bamboo clothing and accessories brand, Mabboo, in between classes and plans to take it global.

Southeast Asia

Southeast Asia, the most eclectic of regions, has traditionally offered something for everyone over the decades, from bankers to beachgoers. In global terms, it’s growing in influence: Asean is now the UK’s 8th biggest export market worth $17.4 billion in 2015, more than twice the value of UK shipments to India.

With a rapidly evolving landscape, Southeast Asia looks same same, but different. Hubs like Singapore no longer have such a commanding appeal in the region, though the resilient Lion City will continue to roar as always.

Indonesia

Take Indonesia, for example, one of the “BRICS” when the term was still popular. A strategic partner of the UK, the sprawling archipelago is the world’s fourth most populous country and expected by PwC to jump from 8th to 4th biggest global economy by 2050.

With 80 million social media users, the nation is among the biggest users of Facebook and Twitter in the world. Jakarta itself is said to be the Twitter capital of the world – take that, London.

Jakarta and Bali have thriving coworking scenes, and the Hindu island in particular is a big draw for digital nomads, attracted to its spiritual vibe and charm. Hubud and Coworkation are just two among several coworking options that have surfaced in recent years.

Malaysia

Hopping now across the Straits of Malacca (mind the container ship), where Malaysia is also of special interest to the UK. In recent days both countries affirmed their commitment to enhancing ties post-Brexit.

One of Southeast Asia’s more alluring countries (I have my own special relationship with their culture), Malaysia has compelling tech opportunities in Kuala Lumpur and vibrant northern neighbour Penang. Jobbatical frequently advertises opportunities with Malaysian startups.

If you are still studying, good news – KL is the most affordable city in the world for students, according to the annual QS Best Student Cities 2017.

Another hop, though technically two – one across the mountains and another across the sea – will take you to mystical Borneo. Kuching, a tranquil city not far from Singapore, has been described as “the next Chiang Mai“, Asia’s digital nomad hotspot, and the famous laksa isn’t bad either.

Thailand

Which must make Chiang Mai the next Bangkok. Possibly. Thailand’s cultural capital is a magnet for location independent workers, and it’s not difficult to see why, with its food scene, quality of life and affordability. Nomad List ranks Chiang Mai top worldwide for remote workers.

Koh Lanta, near Krabi in Thailand’s south, takes the idyll a step further – unlike Bali and Chiang Mai, KoHub remote workers can enjoy mile after mile of golden sand.

But Thailand appeals even if you’re not a digital nomad. In recent days it was announced that the Thai government is offering British expats a 20 year residency permit. The package, which costs £481 pounds a year on top of a £48,138 one-off fee, will include a VIP fast track on matters relating to driving licence, work permit and immigration.

Two decades might be excessive for some, A 10 year permit is also available for £24,066, in addition to an annual fee, and a 5 year permit is available for £12,033.

The Thai government agency, speaking to the Press Association, explains:

I think that Brexit will give us an opportunity to even open more, or to introduce Thailand even on a broader scale … you can live in Thailand for up to 20 years if you’d like to, therefore it would be a good opportunity for both countries, in terms of UK people and the Thai people.

What have I missed?

Barcelona bootcamp offered to budding digital nomads

Barcelona skyline

If surrounded by fifty shades of beige, and the thought of following a location independent lifestyle in idyllic Ko Lanta appeals but you’re unsure where to begin (other than buying a ticket to Bangkok), a digital nomad bootcamp in Barcelona might nudge you in the right direction.

The Nomad Accelerator has launched a two-week programme that aims to equip participants with the relevant knowledge, skills and mindset to get started.

During the course, nomad wannabes will learn digital marketing skills, from how to build a search-optimised website and design landing pages with high conversions to social media, from 10 experienced nomads. The programme will also include interactive workshops as well as talks.

Starting on 31 July in the Catalan capital, the bootcamp will cost USD2,750 (accommodation included) with seats for 30 candidates, so get applying.

More expat assignments leading to failure, reveals ECA

Work stress

More and more expat assignments aren’t working out for either party, a new report reveals.

Global mobility company ECA International’s latest Managing Mobility Survey showed that the number of assignments terminated early in 2016 was 7.2%, up from 4.9% in 2012 – a difference of around 50%. The failure rate was highest in big companies (more than 10,000 staff).

Unsurprisingly, the cause of these early terminations was “a mismatch between expectations and reality”. Nearly three in five employers reported that assignments ended early because of assignees underperforming in their new role. The second most common reason given was the international assignee quitting early over dissatisfaction with their new role.

Partly this is down to not fitting in: assignments are failing because of families not adapting to cultural differences. According to the report, only 18% of employers offer cultural training for the family (which is quite astonishing, as getting it right culturally is critically important, as evident here and here.)

While the report doesn’t appear to explain why the failure rate has gone up, the following solution is offered:

The key to improving an employee’s ability to adapt to assignment and, later, post-assignment life is making sure they are well prepared for what is to come.

It’s common sense: preparation is everything. But rather than consult guides and websites, try before you buy. Get out to the overseas destination in question, interact with your new colleagues in person rather than through email, and get a feel for the culture.

And if everything goes very terribly wrong, at least you’ll have something to talk about down the pub, or at your local Fuckup Night if you’re more entrepreneurially minded.  And let’s face it, you can’t be any worse than this guy, right?: