‘Chinese coffee’ gaining popularity overseas; Many foreigners mistake the brown dark liquid made from Chinese herbs for “Chinese coffee.”

‘Chinese coffee’ gaining popularity overseas

Staff Reporter

2013-10-11

“If the effect is good, many foreigners who are used to sipping coffee will be lured to accepting traditional Chinese medicine, too,” Cao Hongxin, a member of the Chinese People’s Political Consultative Conference, once said. With Chinese populations emigrating throughout the world, traditional Chinese medicine has also been introduced in foreign lands. Traditional Chinese medicine had been practiced for thousands of years. But in recent years, it has been offered outside China and has become recognized by other countries. Over 160 countries now permit the legal use of traditional Chinese medicine. Chinese medicine shops, with their bitter Chinese herb smell permeating the air, used to be a unique scene in many Chinatowns. Many foreigners mistake the brown dark liquid made from Chinese herbs for “Chinese coffee.”In London’s Chinatown, Chinese medical clinics are often found next to restaurants. While Bangkok’s Chinatown is reminiscent of Hong Kong in the 1960s and 1970s.

With low fees and success in curing patients, Chinese medicine shops in Bangkok have always enjoyed good business.

In Australia, a Chinese medical doctor, surnamed He, enjoys a reputation for his medical skills and caring attitude toward patients, as the number of his foreign patients has increased.

Nearly 80% of his patients are foreigners, He said.

In Southeast Asia, Chinese medicine has been popular due to wide support by the Chinese populations there. In Africa, the price of Chinese medicine and herbs are low and often cure common medical problems afflicting many patients.

Chinese medicine and herbs, encounter the most resistance, both culturally and legally, in Europe and America, though they are slowly gaining recognition.

About bambooinnovator
Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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