Consumer Market: Customers Investors and Home Base

consumer market: It's become a cautionary tale of modern-day China, with the country increasingly willing to call out companies that want access to its lucrative consumer market, but don't toe the party line, according to The Japan Times. This is the most appalling kowtow to Peking, David Webb, a Hong Kong activist investor, wrote on his blog just hours after Chinese state broadcaster, CCTV, broke the news of Hogg's departure on Friday. But will it be enough Incoming CEO Augustus Tang has the delicate task of continuing to placate China, an increasingly important market for the 72-year-old airline, while also minimizing the fallout from staff, customers and investors as the unrest in its home base continues to seethe. ; Whether Tang a long-time lieutenant with Cathay's biggest investor, Swire Group succeeds or falters, Cathay's story is having repercussions beyond the carrier itself. Every substantial employer in Hong Kong, in both the public and private sectors, has employees who have participated in marches that have frequently gone beyond their approved spatial or time limits. But even with Hogg taking the fall, it's unclear whether China, which along with Hong Kong accounts for about half of Cathay's revenue, will be satisfied. Should all the CEOs resign After China's aviation watchdog slapped a string of demands on Cathay on Aug. 9, the company appeared to swing into action, with Swire chairman, Merlin Swire, flying into Beijing to meet with the authority three days later. (news.financializer.com). As reported in the news.