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 →
For months economists have feared China would follow the down-ward trend of world economies. But China’s economy seems to be picking up as the country shifts its focus from export and investments to domestic consumption, tell business analyst Shaun Rein in Campaign Asia.Read More →
Chinese consumers expect foreign brands to be safer and better than domestic ones. But when that confidence is hurt, like happened after a government investigating into the poultry supply of KFC, damage can be huge, explains business analyst Shaun Rein in Bloomberg.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 analysts Shaun Rein comments at the BBC World Service at the launch of the world’s largest high-speed train connection between Beijing and Guangzhou: a symbol of the new policies focusing on improving consumption and urbanization.Read More →
Obesity has become a major problem in China, a country marred by a history of famine and poverty, tells author Paul French to the Washington Post. Part of China still suffers from hunger, while developed parts struggle with overweight.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 →