Huawei has replaced Xiaomi as the preferred mobile in China. Is you want to be cool, you buy Apple, if you want a decent local product, you buy Huawei, says business analyst Shaun Rein in Yahoo Finance. Xiaomi is still a good company, but US$45 billion might be a little bit high, he says.Read More →
Study hard and make money fast, was what parents told their offspring in the past when they would sent them off to study. Successful tech giant like Alibaba, Baidu and Tencent have created new role models for graduates, tells Shanghai-based VC William Bao Bean in the Technology Review. Aspiration: becoming a VC.Read More →
Alibaba, and its competitor JD.com made a record sales (or gross merchandise volume, GMV, as it is called) during Single´s Day. But retail specialist Ben Cavender also looks at the little print in the contract, and wonders in CNN Money if the record sales contribute to the profits.Read More →
High profile sportswear Under Armour’s is trying to its new Curry Two shoes also in China, but business analyst Shaun Rein believes the company faces severe barriers on the way to the Chinese market, he tells Afro.com.Read More →
The anti-corruption campaign by President Xi Jinping has hit entertainment and the gift industry hard over the past years, tells Hurun Rich List founder Rupert Hoogewerf in the Financial Review and details the fallout. “We have seen the emergence of the so-called affordable luxury brands like Coach or Michael Kors.Read More →
Japan´s fashion brand Uniqlo is already leading in the China market over its Western competitors, and its link with Disney might give it an extra advantage, says retail analyst Ben Cavender in MarketWatch.Read More →
Prices of luxury consumer goods have dropped for the first time in eight years, according to the Hurun Luxury Consumer Price Index, an annual study that gauges levels of top-end individual spending in China , writes the China Daily. Lowering of the prices is one of the reasons, says Hurun founder Rupert Hoogewerf.Read More →
Spending patterns of the super-rich have change a lot, tells business analyst Shaun Rein at CNN, Now they focus on both art and exclusive travel. Sales of luxury goods are dropping, and many blame Xi Jinping´s anti-corruption drive, but the rich just make different choices, says Rein.Read More →
China has seen a wave of new internet companies, actually succeeding. A surprise after Google, Facebook, Twitter saw them locked out. Business analyst Ben Cavender tells in Quartz what the trick is: complying with the Chinese government. Names? Evernote. LinkedIn. Uber.Read More →
The Fukushima disaster and a flare of nationalism made a dent in Japan´s position as favorite tourist destination for Chinese. But, helped by a slumping currency, Japan is back on the agenda for Chinese tourists, tells business analyst Shaun Rein in Japan Times.Read More →
“Made in China” stood for cheap and bad quality. But times are changing, very fast, as Chinese luxury brands become aspirational, tells branding expert Shaun Rein, author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia at the BBC.Read More →
Gone are the days when China´s rich moved to the same Gucci stores to purchase the same bling bags. For travel organizers these trends to individual choices creates a group of very demanding, but also very lucrative customers, says business analyst Shaun Rein in TTGAsia.Read More →