From East to West

摘要

The mayor of the city of Michelbach near Stuttgart in Germany recently honoured a very special visitor - Fong Sou Lam, chairman of Hong Kong's Fong's Group. Mr Fong and his key management team were in Germany to review developments at dyeing and finishing machinery maker Then, located near Michelbach at Schwabisch Hall. Unlike many European companies, which are increasingly moving their production into the Asian low-wage countries, Fong's - which in 2003 recorded a turnover of HK$1.3 billion (?133.9 million) and employs around 3,000 people at its manufacturing facilities in Shenzhen, China - is uniquely moving in the opposite direction.