‘No better present’: Chinese send masks to European clients

Masked diplomacy: Chinese face masks bound for Europe. (Reuters)
Short Url
Updated 02 April 2020
Follow

‘No better present’: Chinese send masks to European clients

  • “They don’t do it as a business, they don’t charge, they are very concerned”

MADRID: With a dire shortage of protective face masks in Europe, even for health workers, a senior manager at a Spanish furniture store group was surprised to hear business partners and staff in China offering to send him masks.

The starting point of the coronavirus pandemic, and for weeks its epicenter, China has seen new cases fall over the past weeks.

The death toll from the respiratory disease is now higher in Europe, particularly in Italy and Spain, causing a rush to find protective gear.

“I worked in China for several years. When you’re there, they give you things like tea, liquor or cookies. But until now the suppliers did not send us gifts to Spain,” said Ignacio Rey, the commercial director of Rey Corporacion.

Rey is expecting to receive a parcel of 100 masks, which he plans to give to a local health center. His import manager has received masks from a supplier and staff in China, which have also asked if they could help.

“They don’t do it as a business, they don’t charge, they are very concerned,” Rey said.

Business leaders in China and Europe say this was quickly becoming a popular trend.

Song Li, of of Beijing Best Buy International Trade Co, which exports and imports porcelain and wine in Europe and Asia, said his company was sending masks to clients in Europe as a gesture to strengthen their relationship.

“It’s funny to think that there is no better present than masks now,” he said. 


The Family Office to host global investment summit in Saudi Arabia

Updated 18 January 2026
Follow

The Family Office to host global investment summit in Saudi Arabia

RIYADH: The Family Office, one of the Gulf’s leading wealth management firms, will host its exclusive investment summit, “Investing Is a Sea,” from Jan. 29 to 31 on Shura Island along Saudi Arabia’s Red Sea coast.

The event comes as part of the Kingdom’s broader Vision 2030 initiative, reflecting efforts to position Saudi Arabia as a global hub for investment dialogue and strategic economic development.

The summit is designed to offer participants an immersive environment for exploring global investment trends and assessing emerging opportunities and challenges in a rapidly changing financial landscape.

Discussions will cover key themes including shifts in the global economy, the role of private markets in portfolio management, long-term investment strategies, and the transformative impact of artificial intelligence and advanced technologies on investment decision-making and risk management, according to a press release issued on Sunday.

Abdulmohsin Al-Omran, founder and CEO of The Family Office, will deliver the opening remarks, with keynote addresses from Saudi Energy Minister Prince Abdulaziz bin Salman and Prince Turki Al-Faisal, chairman of the King Faisal Center for Research and Islamic Studies.

The press release said the event reflects the firm’s commitment to institutional discipline, selective investment strategies, and long-term planning that anticipates economic cycles.

The summit will bring together prominent international and regional figures, including former UK Treasury Commercial Secretary Lord Jim O’Neill, Mohamed El-Erian, chairman of Gramercy Fund Management, Abdulrahman Al-Rashed, chairman of the editorial board at Al Arabiya, Lebanese Minister of Economy and Trade Dr. Amer Bisat, economist Nouriel Roubini of NYU Stern School of Business, Naim Yazbeck, president of Microsoft Middle East and Africa, John Pagano, CEO of Red Sea Global, Dr. Anne-Marie Imafidon, MBE, co-founder of Stemettes, SRMG CEO Jomana R. Alrashed and other leaders in finance, technology, and investment.

With offices in Bahrain, Dubai, Riyadh, and Kuwait, and through its Zurich-based sister company Petiole Asset Management AG with a presence in New York and Hong Kong, The Family Office has established a reputation for combining institutional rigor with innovative, long-term investment strategies.

The “Investing Is a Sea” summit underscores Saudi Arabia’s growing role as a global center for financial dialogue and strategic investment, reinforcing the Kingdom’s Vision 2030 objective of fostering economic diversification and sustainable development.