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Speaking ahead of the G20 Summit in Toronto on 26 and 27 June, Mr Browne said although the rise of economies such as China and Brazil was a "challenge" for the UK, it was vital to do business with them.
BBC: Emerging economies debate
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The 2012 GMR on TVET will address the challenge of making the transition from school to work, including organizing a major conference in China in 2012.
UNESCO: Social and Human Sciences
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Meanwhile companies are facing the challenge of slower growth both at home and overseas, even in emerging markets like China where the pace of expansion has clearly slowed.
FORBES: Apple Loss Lands Nasdaq And S&P In The Red, Dow Up On Caterpillar, Boeing.
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As evidenced by the devastation of the market values of U.S.-listed Chinese companies that has occurred, overcoming the information and credibility gaps that exist between China and the rest of the world will continue to be a major challenge for foreign investors.
FORBES: China Investment Summit
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The challenge for China's domestic manufacturers is clear: Capture a substantial piece of the market for new phones that will accompany that astonishing growth.
CNN: Cyborgs and Biochips
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We will look at the politics of U.S.-China relations, and other geopolitical issues that challenge international businesses.
FORBES: Doug Guthrie - The View From Washington - Archive
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China's environmental challenge moves well beyond simply the problems faced by any society at the height of its industrialization.
CNN: Economic miracle, environmental disaster
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Although Apple is based in the US, it outsources production of its mobiles to factories in China and Brazil making them vulnerable to such a challenge.
BBC: Apple blocks Google Motorola's sensor patent challenge