F2F Class Notes 16th December (Tony)
Corrections
cause a huge attention – draw a lot of attention
my colleague dated with a guy – my colleague is dating a guy
speak it out –say it
capital flight – flight of capital
out of bounds investment – outbound investment
Vocabulary
dealbreaker – term that makes the deal unattractive enough to cancel it
status symbol – something a person bought or shows off to let everyone else know their status in society, like how much money they have
eg: “Status symbols ironically lower someone’s status, because they had to spend a lot of money to acquire them.”
speedbumps – a raised part of the road to make drivers slow down
eg: “There are many speedbumps for foreign companies to set-up a business in China, like communication problems, culture differences and use regulations to their advantage.”
barriers – something that stops progress or movement
eg: “The barriers to set-up a Wholly Foreign Owned Enterprise in China seem insurmountable.”
insurmountable – unable to overcome or go higher than
eg: “Nothing is insurmountable.”
nuance – a subtle difference or distinction
eg: “We weren’t able to express the nuances of our plan because of the language barrier.”
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