Much on the consumer debate in China focuses on the high-income buyers. Time to change that, says retail analyst Shaun Rein, and author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia. Spending power of low-income consumers is going up fast, he tells KTUU.Read More →
After a boycott over the past three years, Japan is back as a favorite in 2015 for Chinese tourists, now relations are more stable, tells business analyst Shaun Rein to WSJ wealth editor Wei Gu. Hong Kong is passe, and domestic travel is in, especially for youngster who do not focus on shopping anymore.Read More →
China´s spending spree starts at Single´s Day, and ends with Spring festival, but even Christmas has gained support among the consumers, writes financial analyst Sara Hsu in the Diplomat, although it a a indigenous Christian celebration.Read More →
Reviews and awards for Shaun Rein´s latest book The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia are flooding in, just in time to order your Christmas present. Today Bill Hayes the Financial Professionals´Post of the New York Society of Security Analysts look at Shaun´s recent book.Read More →
Luxury car brands tell much about the ambitions of their owners, and how people think about them, disclosed the Hurun White Paper on luxury cars last week. In the Global Times an overview of the profiles of the owners of Audi, BMW, Mercedes- Benz, Lexus, Volvo, Land Rover, Cadillac and Infiniti, according to Hurun founder Rupert Hoogewerf.Read More →
Prada is still drawing large queues at outlets in Asia and Europe, those queues are one third smaller than they used to be. Branding expert Shaun Rein sees Prada has more problems with Chinese customers than the ongoing anti-corruption campaign, he tells in CNBC.Read More →
Price and quality might be leading criteria for Chinese consumers, but surprisingly social responsibility of producers is also an issue. Author Paul French points in EthicalCorp.com at two recent surveys, featuring increasing social conscience in Asia and China.Read More →
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 →
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 →
As their professional life develops, China´s Young Urban Professionals, are looking for food products that make their lives easier, says retail analyst Ben Cavender in the China Daily. Products like Barilla´s Italian pasta´s are one of them, when they play their cards right.Read More →
Chinese consumers have different requirements from what most international companies are used to. Gambling hotspot Macau is a clear illustration, says branding expert Shaun Rein, where an imitation of Las Vegas fell flat, he tells in Forbes, although it is a must go for mainland tourists, they miss a lot of business.Read More →