The decision to close down German retailer Media Markt in China shows – yet again – a profound lack of understanding on how the market in China works, tells business analyst Ben Cavender in the China Daily.Read More →
Shopping in a secluded environment of private houses for sometimes personalized high-end items adds a new feature to the way how wealthy Chinese prefer to spend their money. Retail analyst Paul French comments in the Sydney Morning Herald on a new feature.Read More →
Business in China is going through a paradigm change as the traditional price competition is giving way to quality, tells business analyst Ben Cavender in CKGSB Knowledge. Chinese companies need to get away from the price-based competition that they used to gain market share.Read More →
China’s economy might be under pressure from the downturn in the US and Europe, but changing spending patterns might save its day, business analyst Ben Cavender told the Asian Gaming and Hospitality Congress. Read More →
Business analyst Shaun Rein appeared on the “On China” show of CNN’s Kristie Lu Stout, discussing China’s growing consumption, Barbie and how even in a downturn China’s wealthy will become wealthier.Read More →
In China Starbucks is not a place where you only fetch coffee, it is a symbol you have made it, as a person, and as a city where the global chain sets up shop, tells retail analyst Paul French in Adage. Read More →
Higher income consumers increasingly spend money on organic food to protect themselves, tells retail analyst Paul French in the Pig Site. After seven major food scares in 2011 alone, consumers are voting with their feet.Read More →
Chairman Zong Qinghao is not only the richest man in China, according to the latest Forbes China rich list, but has been a successful leader to his Wahaha, China beverage giant. Forbes asks retail analyst Paul French why.Read More →
Previous darlings of the luxury industry like Louis Vuitton, Gucci, Omega, Versace and Hugo Boss are out of grace, as the country’s really rich focus on high quality, the real stuff, in stead of those parvenu brands. Hurun founder Rupert Hoogewerf explains in the China Daily what has changed.Read More →
Kellog is the second cereal maker, after Weetabix, trying to enter the China market. But ongoing milk scandals have made the market a hard one to crack, tells retail analyst Paul French to AP. Nevertheless, Kellog sees possibilities for growth.Read More →
China’s luxury goods market might still be going strong, despite a dip in the country’s growth. But previously popular brands like Burberry are losing traction, tells retail analyst Paul French in the Huffington Post. But there is still hope.Read More →
Chinese tourists love ancient towns, and so many municipalities build them, if they do not have them or destroyed them earlier. Author Zhang Lijia visited the newly built ancient town of Taierzhuang and loved it, she tells on her weblog.Read More →