China’s millionaires have discovered luxury cars as a favorite hobby, and own on average three cars per family. Hurun Rich List founder Rupert Hoogewerf got the figures together in his latest Hurun Report, he tells AFP.Read More →
Apple got itself into trouble with the government last month, but a bigger fight is looming, says business analyst Ben Cavender in Quartz. First, the Chinese government has noted Apple iTunes does not comply with its censorship regime. And convincing Chinese consumers they have to pay for content might even be a larger barrier for business.Read More →
A domestic media campaign against the customer service of Apple has been followed by government investigations, by the SAIC, tells business analyst Ben Cavender IDG News. “A bit of sensationalism,” he says.Read More →
Thousands of dead pigs and ducks illustrated over the past weeks again China is having a huge food security problem. Lawyer Mark Schaub of the Chinese-Australian law firm King&Wood and Mallesons gives in China Law Insight an overview of how the country’s central government is trying to close the loopholes in the current messy approach of food security.Read More →
Starbucks is doing a stellar job in the China market. But not by selling coffee, says retail analyst Paul French. They are selling a lifestyle, no beans, he tells in The Province.Read More →
Asia has become from the poor kid at the block into one of the leading economic forces, led by consumers, tells business analyst Shaun Rein at the BBC. “It rivals the US in trade and economic influence.”Read More →
The world’s most successful luxury tycoons can be found in Paris, like Bernard Arnault of LVMH and Liliane Bettencourt of L’Oreal. Most of the luxury goods market is funded by Chinese shoppers, tells Hurun China rich list founder Rupert Hoogewerf in the People’s Daily.Read More →
No day passes by and another food scandal has hit the headlines. China’s consumers urgently need protections from a FDA-style super-agency if the government wants to prevent more social unrest, tells business analyst Shaun Rein in NPR’s Marketplace.Read More →
The German electronic retailer Media Markt announced now officially it will close its China stores in April, after a two year long expedition into the China market. Retail analyst Ben Cavender sums up for the China Daily what Media Markt did wrong.Read More →
Gone are the old queues of eager customers lining up in China’s cities, selling to Chinese customers has become a challenge. The quality of your customer’ services is going to be key for your sales, explains retail analyst Ben Cavender in CKGSB Knowledge.Read More →
The upcoming Chinese New Year is the moment for gift giving, but how to look at the current governmental crackdown on too expensive gift. Retail analyst Paul French discusses in The Telegraph the likely effect of the drive against corruption.Read More →
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 →