Low prices might be Wal-Mart’s key marketing tool in the US, in China you lose as a foreign company from domestic competition if you try to beat them on prices, tells business analyst Shaun Rein in Reuters.Read More →
American retailers have a hard time surviving outside their home turf, compared to European and Asian companies, retail analyst Paul French tells Reuters. Wal-Mart had to close stores and saw staff arrested because of price manipulation and mislabeling food products in their stores.Read More →
Beer promotions and micro-breweries put a lot of effort in the China market, but business analyst Shaun Rein tells AFP he expects the wine market the be the winner. Unlike wine, beer fails to impress, he says.Read More →
The End of Cheap China: Economic and Cultural Trends that will Disrupt the World is the title of Shaun Rein’s book, expected in March 2012. But the debate on the book has already started, at his linkedIn Group, The End of Cheap China.Read More →
Rising food prices are worrying China’s consumers, tells business analyst Shaun Rein in CNBC. Although he also discovered the women keep on shopping for now, although their buying habits changed dramatically.Read More →
Apple might look like the big technology winner, gaining unprecedented access to the Chinese consumer, but it is lagging as Google’s Android moves ahead, tells business analyst Shaun Rein Bloomberg.Read More →
Europe and the US might be bracing for another economic hit, but economic analyst Arthur Kroeber explains in The Financial Times why he expects China to continue growing – in stead of crashing like others predict.Read More →
The number of billionaires in China (in US dollar terms) has doubled over the past two years, Hurun founder Rupert Hoogewerf told The Telegraph. The number of super rich is exploding according the the latest China Rich list.Read More →
Almost a million Chinese now have 10 million Renminbi (1,57 million US dollar) in assets, according to the latest Hurun report. 60,000 have over 100 million Renminbi (15,7 US dollar) The Hurun report is published by Rupert Hoogewerf.Read More →
Chinese not only get fat in a different way, compared to the US and Europe, they also get fat much faster, tells retail expert Paul French in a Reuters’ feature.Read More →
Being a patriot in China has become much easier, now the government focuses on increasing domestic consumption, writes retail analyst Paul French in The Telegraph. “All they have to do now is shop, shut up and then go shop some more.”Read More →
Obesity as a problem is growing for children in China, seen as a way to show off prosperity, tells Paul French, co-author of Fat China, in the US edition of the China Daily. Unfortunately, it is not yet seen as a threat for health care.Read More →