A major shift in consumers preferences in China is that from foreign brands to Chinese. Author Shaun Rein of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia explains in CNBC how the top-5 brands at Singles´Day illustrates the growing China pride.Read More →
Yet again eager Chinese customers have to wait to get an official hand on Apple´s new iPhone, while China is Apple´s second largest market. “Apple can not longer treat Chinese as second-hand citizens,” says business analyst Shaun Rein in Nikkei.Read More →
A lot of the old perceptions of China as cheap, and Chinese as avid savers, are cliches from the past, tells business analyst Shaun Rein in Arnnet. And while China is catching up with the west, western companies and country should make sure they deal with a fast changing China.Read More →
Innovation is no stranger in China, as CEO’s of Baidu, Tencent, Haier, Alibaba and Huawei show. But it is only a handful, argues IMD professor and leading author on innovation Bill Fischer in the Harvard Business Review. There is not a innovative culture, although Haier offers hope.Read More →
Most companies in trouble restructure, scale down, very few are able to reinvent themselves. But it can be done, writes IMD-professor Bill Fischer in Forbes. Soon a book on the Chinese company Haier, one of the companies who reinvented itself, co-authored by Bill Fischer, will appear.Read More →
A domestic media campaign against the customer service of Apple has been followed by government investigations, by the SAIC, tells business analyst Ben Cavender IDG News. “A bit of sensationalism,” he says.Read More →
Chinese brands are slowly going global, forced by a relative slowdown in their own country. But any progress is going to be a long-term one, warns business analyst Shaun Rein at the BBC. But they will enter the life of European and US consumers.Read More →
China is under attack in the weeks ahead of US presidential elections, yesterday as the US Congress panel released its report on telecommunication giants Huawei and ZTE. Business analyst Shaun Rein tells at The Takeaway is he concerned about the growing hysteria.Read More →
China’s innovating power is not really moving forward, tells IMD-professor and author Bill Fischer in the Shanghai Daily. “You need also the ability to commercialize ideas as well.” Bill Fischer: My sense is that, if I was to do the ranking myself, what I would say is that China’s rankingRead More →
China has a poor record on value-creation and capturing value of innovation outside the country itself. But times are changing, very fast, suggest IMD-professor Bill Fischer on the website Management-Issues. China might surprise the world again.Read More →
Competitors from China are becoming better, IMD-professor Bill Fischer concludes in Forbes. Cheap labor and competitive pricing are replaced by a far greater asset: listening better to their clients. Fischer zooms in on UnionPay, China’s only electronic retail network.Read More →
The US could lose 1 to 2 trillion US dollar in revenue if they successfully scare away Chinese investors, writes Shaun Rein in CNBC, quoting a recent Asia Society report. “Fear mongering about China by American politicians and businessmen like Donald Trump has made Chinese think twice about investing in the U.S.”Read More →