Arthur Kroeber by Fantake via Flickr China’s government is placing its bets on increasing domestic spending by consumers, tells Arther Kroeber in The Guardian. But the inflation seems to be undermining the confidence among those consumers. The 11.7% rise in food costs reflected growing demand, a shrinking pool of youngRead More →

Rupert Hoogewerf The number of Chinese millionaires has increased in one year time by almost 10 percent, to 960,000. The number of super rich, those have over US§15 million in assets, went up 9 percent to 60,000, according to the latest Hurun Report, produced by Rupert Hoogewerf. From eFinancialNews: WhereRead More →

Shaun Rein by Fantake via Flickr Shaun Rein addresses at CNBC China’s largest nightmare, inflation, as real estate prices and wages go up. But he remains optimistic about the country’s consumers, who keep on buying for the coming six months. Shaun Rein is a speaker at the China Speakers Bureau.Read More →

Hong Kong: too small via Wikipedia The new-to-built Shanghai Disney park should learn from the mistakes that have been made in the Hong Kong park, says Shaun Rein in Reuters. First, size matters. Shaun Rein, managing director of China Market Research said the problem with the Hong Kong park isRead More →

Image via Wikipedia What foreign companies, trying to tap into the China market, regularly forget is that there is no need for their services, tells retail analyst Paul French at Marketplace Public Radio. Home Depot is an example. Paul French responds to Raymond Chou, president of Home Depot China: CHOU: The HomeRead More →

Image by Getty Images via @daylife The Swedish furniture retailer IKEA has become a public attraction comparable to Disneyland in the small number of stores they have in China, writes Shaun Rein on the CNBC website. When you are too popular as a foreign brand, it is not only goodRead More →

Tom Doctoroff by Fantake via Flickr Foreign brands in China have seen huge successes and massive failures. Tom Doctoroff gives in Gulf News his take on the difficulties of building a brand in this booming economy. Gulf News: After setbacks for brands such as Home Depot, Best Buy and Barbie,Read More →

Helen Wang Increased domestic consumption and sustainable growth are key in the country’s new five-year plan. But can it deliver on two critical issues, beating inflation and affordable housing, author Helen Wang wonders in Forbes and on her weblog. Reigning in inflation and providing affordable housing are important steps toRead More →

Arthur Kroeber by Fantake via Flickr For years China has been talking about refocusing its economy on domestic consumption, tells Arthur Kroeber in the New York Times. Now, real change is happening, although we should not expect too much too fast. The New York Times: “For years and years they’veRead More →

Shaun Rein by Fantake via Flickr Home Depot and BestBuy were just two of the foreign companies in China that failed, while the consumer market is reaching record heights. Shaun Rein explains what they were missing in CNBC. First, they get China’s middle class wrong: For one, Western brands needRead More →

Shaun Rein by Fantake via Flickr Women have been driving the Chinese consumer market for a long time, but now Chinese men are miving in and focusing more on skin care products and other cosmetics, tells Shaun Rein in this discussion on  CNBC. Not only foreign brands like L’Oreal, butRead More →

Helen Wang  by Fantake The long-awaited book by Helen H. Wang The Chinese Dream: The Rise of the World’s Largest Middle Class and What It Means to You is now available at Amazon. The book is endorsed by some of the bigger names in the China debate: James Fallows ofRead More →