Overview
Chinese family businesses that continue to thrive for more than a century are few and far in between. Fung Group (formerly Li & Fung Group) from Hong Kong is one of them. Founded in 1906, the group underwent several generations of tough challenges through Fung Pak-liu, Fung Hon-chu, Victor Fung and William Fung during its 110 years of history. The group has developed from a traditional trader in the early founding years and evolved into a modern multinational enterprise, Fung Group, with headquarters in Hong Kong to provide global supply chain management services for its clients through businesses in trading, logistics, distribution and retailing, among others. Using concise and fluent expressions and valuable historical photographs, this book presents the Fung Group's 110 years of development history and experiences, in particular the transformation and expansion since the global financial crisis in 2008, innovative developments in supply chain management, corporate social responsibility as well as the development opportunities and vision under China's �Belt and Road' initiative strategy.
