Economists differ very much on the future of China’s short term economic direction, upwards or downwards. But in every case, e-commerce giant Alibaba is going to be a winner, predicts consumer analyst Ben Cavender in Bloomberg.Read More →
The Chinese are not trying to become middle class, they want to become rich, very rich. Products like Apple and Ferrari are helping consumers is creating that feeling, tells consumer analyst Ben Cavender in the Wall Street Journal and Adage.Read More →
“Mercifully, The End Of Cheap China is not another academic tome about the most miraculous economic transformation of our times,” writes Andy Mukherjee in a review in the Strait Times about Shaun Rein’s The End of Cheap China: Economic and Cultural Trends that Will Disrupt the World.Read More →
France is the top destination of luxury traveler, followed by the US and Australia. The Maldives, Switzerland and Dubai are the fastest growing, tells Rupert Hoogewerf, founder of the rich list in the Shanghai Daily.Read More →
Korea’s car maker Hyundai tries to sell its relatively larger car in China upscale market. But asking more money for a tiny car might be a tricky strategy for the producer of small cars, tells business analyst Shaun Rein Bloomberg.Read More →
China needs to shift its economy from state investments to domestic consumption to survive. But can China withdraw that kind of power from state institutions, wonders political and financial analyst Victor Shih in the Financial Times.Read More →
Why the Chinese will not become like the Americans, explains China advertising expert Tom Doctoroff in his latest book “What Chinese Want: Culture, Communism and China’s Modern Consumer”. The Atlantic summerizes one of his key viewpoints.Read More →
Until not so long ago China’s domestic consumer market was dominated by fake products. But the sentiment has changed at the consumers go for real, tells author Shaun Rein of “The End of Cheap China: Economic and Cultural Trends that Will Disrupt the World” in the Shanghai Daily.Read More →
The wine market in China is still dominated by crazy prices for crazy bottles, but Hurun founder Rupert Hoogewerf expects the madness will phase out, and China will become a mainstream wine drinking nation, he tells The Telegraph.Read More →
The changes described in business analyst Shaun Rein’s bestseller ‘The End of Cheap China”, offers not only challenges, but also opportunities, writes Seeking Alpha in a review of the book.Read More →
Apple might be doing well in the China market, they could do better, tells business analyst Shaun Rein in Bloomberg. Apple is losing ground to the competition, because they focus better on the Chinese consumer.Read More →
No says Shaun Rein in Bloomberg, it might take at least another ten years before China’s middle class earns enough, and he advises clients to focus on premium products for the rich. Yes, says Helen Wang in CNN, since China is cheap enough. What do you think? Fill in our poll.Read More →