Education, Business, & The role of VPN’s in Asia

A VPN extends a private network across a public network, and enables users to send and receive data across shared or public networks as if their computing devices were directly connected to the private network.

Amazon soon followed suit by ordering all customers using its cloud computing services to remove any software that evaded China’s censorship.

As China and other Asian countries seek to evolve into markets with proper landscapes for conducting businesses, we can expect rules to tighten and the landscape to change at any minute.

For the most part, change occurs at a much faster rate in Asia than it does in New Zealand, so New Zealand businesses need to watch their markets of interest closely.

For the same reason, it also becomes tougher to educate people about trade and business with and in Asia.

General education does not allow for a lot of customisation, but individual businesses do not have the time and resources needed for picking up the slack either.

All is not lost, though.

There are a lot of pockets of knowledge about Asian markets that are becoming common knowledge.

Asian countries generally have weak institutions, small degrees of intellectual property rights protection, and huge and growing middle-income groups.

They are grappling with policy adjustments that seemingly move towards the Westernized world (but not necessarily so), and they are fast changing.

However, we cannot just assess market dynamics and attractiveness alone. We need to assess competition as well.

In most Asian markets, the business landscape is fairly competitive with strong domestic players. These domestic players are good operators and have the advantage of knowing the market well.

But not all of them can be considered suitable business partners for New Zealand businesses. Opportunistic behavior often accompanies competition.

Given Asia’s rise and the flux around the United States and European Union, businesses should keep up to date with global happenings on a regular basis.

There are various credible media sources, seminars and events that present opportunities to do so.

Broader macro-environment concerns have never been more important and should not be neglected.

What direction will the potential trade war between the US and China take? Are China and India also heading for a trade war, given their latest border disputes?

Economic exchanges are becoming a weapon for geopolitical struggles.

Keeping abreast of what’s happening is just as critical as being a good operator. And in that, business schools across the globe are pushing ahead with wider range of executive courses.

Meantime, the attention on Asia has led to the rise of Asian business schools in the global rankings.

Most recently, seven Asian business schools joined the Top 30 of the Financial Times’ MBA ranking.

Programs in these business schools are in hot demand. Their locations are popular, and studying alongside classmates who may be current or future leaders in local or regional government or businesses is also a major drawcard.

A lot of other business schools around the world are also trying to understand how these markets work.

That, nonetheless, has not made things easier for Asian business schools.

It may sound surprising, but here in New Zealand we often have a lot more access to wider wisdom around these markets than those who reside in them. This can be put down to government intervention and media censorship in Asia.

It remains important to combine this wisdom with proper interactions and communications in these markets to improve our readiness for engaging in and with them.

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