Acquiring local Information essential

As Chinese companies set up shop in London, one of their biggest challenges is being able to obtain useful local information, says Jeff Cao, head of Asia Pacific at London & Partners.

It is not that Chinese executives and their staffs are not smart or hardworking but that they have little experience in localization, he says.

London is the world's leading global financial center, and one of the leading high-tech and educational cities, he says.