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The decision by Best Buy to withdraw from the China market is not a real surprise, and illustrates that successful brands elsewhere cannot assume they can conquer the China market too, says Shanghai-based retail analyst Ben Cavender in the China Daily.Read More →
Baidu is about to release a new feature into the internet of things: a smartbike. Baidu director communication Kaiser Kuo explains the features in investors.com. First release will be in China, but “there’s no reason necessarily we would leave it only in China.”Read More →
Wal-Mart recently fired thirty of its corporate executives in China, and hundreds of others, in an effort to save costs. The US retailer has a hard time to keep up with the gruesome competition, tells retail analyst Ben Cavender in the China Daily.Read More →
Legal protection for China´s consumers was long overdue, but a revision of the existing laws might change all for the country´s consumers, writes lawyer Mark Schaub in Lexology. All depends now on how those laws are being executed.Read More →
How does the Chinese luxury brand owner look like, wondered Rupert Hoogewerf and his Hurun Rich List firm provided a thorough analysis of this successful market, They looked at the Audi, BMW, Mercedes Benz, Lexus, Volvo, Land Rover, Cadillac and Infiniti. A report from the Malaysia Chronicle.Read More →
Raving reviews are coming in from Shaun Rein´s The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia, this time from the Financial Times. “An intriguing book, with many interesting anecdotes, mini-case studies, and interviews.”Read More →
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 →
Some might be focused on China´s growth as a military power, just along comes its ability to sell weaponry on the international market. Defense analyst Wendell Minnick notes in Defense News a new cruise missile in its arsenal.Read More →
Chinese are moving away from the American dream, they adored in the past, to a Chinese dream with more pride, and less copy-cat behavior, tells author Shaun Rein of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia at Public Radio.Read More →
Many countries struggle with the replacement of their F-16´s, and have a hard time to pay for Lockheed´s F-35 or JSF. China´s showed its J-31 fighter, meant to offer a cheaper equivalent, writes defense analyst Wendell Minnick in Defense News.Read More →
At the Zhuhai airshow next week China is showing its stealthy fighter J-31, writes defense expert Wendell Minnick in Defense News. “This will be the first public demonstration of the twin-engine J-31.”Read More →
Former prime minister Zhu Rongji is the first senior politician on the latest annual list of philanthropists, made by the Hurun Rich List. Many new names suggest the industry is developing fast and maturing, says Hurun founder Rupert Hoogerwerf to Radio Australia. Zhu contributed YS$4 million in book royalties.Read More →