Asia mixes making money with ancient beliefs

HONG. KONG. February 12. KAZINFORM In 2008, as the financial crisis reverberated around the globe, Allan Chau worried how his business manufacturing parts for the auto industry would weather the downturn.

But the Hong Kong-based factory owner didn't look for ways to cut costs or hire a management expert.

Instead, he consulted a feng shui master, who recommended moving the factory gate from the south side to the west.

"A lot of people went bankrupt that year but our sales doubled," says Chau, the general manager ofTien Po Precision Manufacturing.

Chau, who has been consulting feng shui masters for two decades, embodies Asia's embrace of the old and the new in its approach to doing business.

He has an advanced degree in engineering from Cornell University in the United States and employs 1,400 at a company that turns over $2 million a year. Despite Western skepticism, for him feng shui is an essential business tool, CNN informed.

"I only believe in numbers but I have an open mind," says Chau.

An ancient Chinese system of boosting your luck through the positioning of objects and of predicting fortunes through dates and traditional texts, feng shui -- literally wind water -- is used in a variety of different ways.

Shopping malls, office towers and casinos across Asia draw on its principles in their design in an attempt to create prosperity.

And individuals often consult feng shui masters to decide on the best date to get married, give birth or move house.

Full version

Currently reading