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Two-way trade blossoms with China
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Whereas in the past investment was all one way, in recent years Chinese companies have begun to establish a foothold in Switzerland. “Switzerland’s major companies were into globalisation long before those of other countries, because the Swiss domestic market is very limited and we lack raw materials,” explains Massimo Baggi, responsible for economic relations with…
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It is the first such platform for Swiss businesses in the region and comes at the beginning of a visit by Economics Minister Doris Leuthard to South Africa and Tanzania this week. At the hub’s official opening on Monday, Leuthard said that South Africa played a crucial role in Switzerland’s international business strategy, pointing out…
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One imports fresh cream-filled chocolate truffles from Switzerland, another is a politically active fundraiser and the third is carrying on the Swiss dairy farming tradition. They all live in the greater Toronto area, the capital of Ontario which is Canada’s most populous province and the country’s economic powerhouse. Of the SFr2.4 billion (CAD 2.1 billion)…
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