VIP Class Notes (Tibo)

After he joined a lot of business we can’t do.
We face a lot of sue cases and all of the cases fail.
But when I look at local competitors they also receive a lot of sue from the expert side or the client side but some cases they win.

The company compliance team only do the risk manage but not the legal thing.

They gave us some sharing. even in that case they didn’t have lawyers. They strategy is avoid something to happen.

They get many lawsuits but still run a good business.

they win a lot of cases when they sue others.
even we have some evident we can’t sue them.

some clients didn’t doing well so they sometimes share to public and this is really bad because it puts the expert in a dangerous situation.
So the expert’s company will ask why he joins such a call.

Yesterday we happened another case relative to Bytedance.
The Bytedance is our client and we have a good relationship before and they are a very rich company and they want to develop their investment business so they interviewed industry experts to consider which business to invest in but the global team found they are doing a lot of the calls but they are not a typical investment stuff and think it is quite dangerous and they suddenly stop the business.

In the Huawei they say we stop Huawei’s business.

cross globals some experts can get benefits from us and if they want to donate to charity our company provides a charity list and they can select and directly donate the consultation fee to charity and one is named slave … and the charity is a sponsor for the Xinjiang cotton situation.

So one Chinese expert found it and it so disappoint the china expert and he wrote an email to our leadership group.
In other companies it is easy some people reflect the issue and we remove it. We have 100 charities in the list.

Our company is different, one expert flagged the issue and then the went to regional discuss remove or not and the asian head said I can’t refuse and the global compliance team this it is sensitive and it is better not to have it so it is better back to the Asia team to decide….So they flag to global our department head and the they think it is the HR team problem and it goes to our HR team.
The HR team selects people from each department and made a group related to the environment and a committee.
He told me he went to the meeting and they said if we move the charity from the list they are worried the US / UK team are disappointed.

another thing is for my husband he is concerned for me because they want everyone to take the injection.
My husband’s company belongs to the government and they want 100% of the people to take the injection.
It should be based on you want to take this. I am quite sad on this.
When China thinks about something all of the ideas… This is different from the US / UK.

After he joined we had to stop a lot of the business we did because it was considered too risky.
We face a lot of lawsuit cases and all of the cases failed. / we lost all off them
But when I look at local competitors they also receive a lot of lawsuits from the expert side or the client side but in some cases they win.

The company compliance team only does / takes care of the risk management but not the legal thing.

They shared information with us but it was not supported by a lawyer.
Even in that case they didn’t have lawyers. Their strategy is avoid/prevent something from happening.

They get many lawsuits but still run a good business.

they win a lot of cases when they sue others.
even when we have some evidence we can’t sue them.

some clients don’t follow our guidelines  / break our contract and they sometimes share to the public and this is really bad because it puts the expert in a dangerous situation.
So the expert’s company will ask why he joined such a call.

Yesterday we had another case related to Bytedance. / yesterday another case happened…
Bytedance is our client and we had a good relationship before and they are a very rich company and they want to develop their investment business so they interviewed industry experts to consider which business to invest in but the global team found they were doing a lot of the calls but they are not a typical investment company and started to think it was quite dangerous and they suddenly decided to stop the business.

In the Huawei case they said we stop doing business with Huawei.

All of the experts can get financial benefits from us and if they want to donate to charity our company provides a charity list and they can select and directly donate the consultation fee to a charity and one is named slavery … and the charity is a sponsor for the Xinjiang cotton situation.

So one Chinese expert found it / realized this and it disappointed him and he wrote an email to our leadership group.
In other companies it is easy some people reflect on the issue and we remove it. We have 100 charities in the list.

Our company is different, one expert flagged the issue and then it went to regional management team which discussed about removing it or not and the asian head said I can’t decide and the global compliance team said this it is too sensitive and it is better not to have it so it is better to give the decision back to the Asia team to decide….So they flagged to global our department head and then they thought it was the HR team problem and it went to our HR team. / No one wanted to take responsibility for it.
The HR team selected people from each department and made a group related to the environment and a committee.
He told me he went to the meeting and they said if we move the charity from the list they are worried about the US / UK team being disappointed.

Another thing is for my husband, he is concerned because they want everyone to take the injection.
My husband’s company belongs to the government / is a state owned company and they want 100% of the people to take the injection / vaccine.
It should be based on what you want. I am quite sad on this.
When China thinks about something they can push for it quite hard.. This is different from the US / UK.

Vocabulary

vaccine (n) 疫苗
She took the vaccine

injection （n) 注射
The doctor gave the injection

to inject (v)
They injected the vaccine in my arm

slave (n) 奴隶 （person)
He bought 10 slaves at the market

slavery (n) :
Slavery is illegal

lawsuit (n) situation when you get sued
we had to deal with a lawsuit。

Vocabulary

Frankenstein (n) character created by a scientist with a mix of many things
It is a Frankenstein style we put together things that normally do not match

leather (n)皮革
He wears a leather jacket

Pronunciation

weird