London-based branding expert Arnold Ma discusses what the Tiktok deal with Oracle and Walmart might mean for its users outside China, at the state broadcaster CGTN. Who is hosting the user data is the key question to ask, he says.Read More →
China is leading the innovation for retail and two to three years ahead of the US, says business analyst Shaun Rein, author of The War for China’s Wallet: Profiting from the New World Order, to CSB News. Internet giants like Alibaba started on mobile and then turned to brick-and-mortar, unlike the traditional retail who try to force online upon their customers.Read More →
While the criminal case for sexual harassment against JD.com CEO Richard Liu is still unclear, to say the least, its shareholders are getting nervous, says financial analyst Shaun Rein, and author of The War for China’s Wallet: Profiting from the New World Order to the Nikkei Asian Review. “Worries will grow over timeRead More →
A favorite hobby among analysts and journalists is comparing Chinese companies with American or European competitors. Alibaba has little in common with Amazon. The differences are often larger than the similarities, says business analyst Ben Cavender. And getting into the China market is certainly not easy, he adds at the BBC.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 →
Shocking food scandals in China were mostly domestic affairs, but government agencies now focus on foreign firms, tells retail analyst Paul French in Ethical Corporation. With some success, the empire strikes back.
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Cheap labor has made the country into a source of deflation for global consumers, but as Chinese wages go up, consumers in Wall-Mart and elsewhere better prepare for higher prices, tells the author of The End of Cheap China Shaun Rein an in interview with the BBC radio.Read More →
Killing a chicken to scare the monkey, is a famous saying in China. Giving Wal-Mart trouble might be a way for Chinese authorities to send a signal to foreign companies in China, tells business analyst Shaun Rein in Business Week. Local protectionism is on the rise.Read More →
Unlike Wall Street Journal’s columnist Bussey Shaun Rein does not think Wal-Mart – or any other foreign retailer in China – is bullied by the authorities. It’s Wal-Mart who betrayed its customers. Foreign retailers gain more and more market share, he tells in CNBC. Read More →
Low prices might be Wal-Mart’s key marketing tool in the US, in China you lose as a foreign company from domestic competition if you try to beat them on prices, tells business analyst Shaun Rein in Reuters.Read More →
American retailers have a hard time surviving outside their home turf, compared to European and Asian companies, retail analyst Paul French tells Reuters. Wal-Mart had to close stores and saw staff arrested because of price manipulation and mislabeling food products in their stores.Read More →
Chinese not only get fat in a different way, compared to the US and Europe, they also get fat much faster, tells retail expert Paul French in a Reuters’ feature.Read More →