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© 2008 SMP Marketing • ISSN 1420-3693 • www.localization.org

In this issue…


Money Talks

From Colgate to Chuppies

John Freivalds, Managing Director, JFA Marketing

My first professional contact with China came a generation ago in 1974. I helped my then boss in the commodity trading business prepare for a trade mission he was invited to lead with the popular governor of the U.S. State of Minnesota. When he returned from that trip, his lasting impression came when he was boarding the van to be taken to Peking’s (as Beijing was then called) airport. A chambermaid ran after him and held out her hand with something in it. It was an empty tube of toothpaste. She spoke to him in Chinese, indicating, “You forgot this.” He thought, “My goodness, what poverty and backwardness exist when they think an empty tube of toothpaste has value.”


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