Latest Posts
Logo fatigue in China – Shaun Rein
Famous brands are losing their star status in China, as preferences of consumers shift, tells retail analyst Shaun Rein at Adage, in its 2014 of changing consumer trends in China.Read More →
Frugality is the new normal – Rupert Hoogewerf
The luxury industry looks carefully on how China´s consumers are changing their attitudes. For AdAge Global Hurun and China rich list founder Rupert Hoogewerf explains that the current downturn in extravagant spending is here to stay.Read More →
Best wishes for the New Year of the Wooden Horse
China´s New Year celebrations are already in full swing, and in a few days the Year of the Wooden (actually the Green Wooden) Horse will arrive. The China Speakers Bureau wishes all its speakers, clients and other the best for the coming year, health and prosperity.Read More →
SME´s find it hard to get funding – Sara Hsu
January 31 is going to be a major test for the shadow banking in China, as a 3 billion RMB fund matures, without support of the larger banks. One of the main victims could be China´s SME, who had to turn to shadow banking as officials refused them funding, writes financial specialist Sara Hsu in the South China Morning Post.Read More →
Demand pushes real estate prices up – Shaun Rein
While the central government tries to contain real estate prices, prices are actually going up. Business analyst Shaun Rein explains to the BBC why high demand on the real estate market makes sure prices will continue to soar.Read More →
Being cheap is not enough for Cambodia – Shaun Rein
China has been raising wages over the past decade, and many manufacturers have been contemplating to move to neighboring countries, like Cambodia. But being cheap is not enough for those ASEAN countries to attract production from China, warns author Shaun Rein of The End of Cheap China, in the Phnom Penh Post.Read More →
Sales luxury goods expected to drop further – Rupert Hoogewerf
Sales of luxury goods dropped in 2013, the third year of decline, and is expected to drop even further in 2014, according to a new Hurun report. “In terms of traditional luxury – leathers, accessories, watches – this year is going to be flat if not a little bit down,” Hurun founder Rupert Hoogewerf tells Reuters.Read More →
Wanda´s aggressive hotel expansion – Rupert Hoogewerf
Real estate giant Wanda is expanding its upscale hotel chain, both domestically as international. Wanda Hotel and Resorts wants to be a top-player in their industry, tells China Rich List founder Rupert Hoogewerf in CRIEnglish.Read More →
Rabbits Rejoice – End of PRC Animal Testing Requirements Nears – Mark Schaub
China is introducing new regulations that makes it possible to phase out animal testing for cosmetics. Shanghai-based lawyer Mark Schaub explains how NGO´s, international pressure and basic market forces have made it possible to give rabbits and mice a happier life, and consumers politically correct cosmetics.Read More →
Why rising labor costs won´t drive manufacturers away – Shaun Rein
Wages rise fast in China, on any level, and many manufacturers who came to China for its low labor costs think about leaving. They should think twice, says business analyst Shaun Rein in Business Week, since the financial advances of moving an operation might be disappointing.Read More →
Bolstering Consumer Rights in China – Mark Schaub
China’s laws have not kept pace with its rapidly evolving retail sector. A major overhaul of consumer protection legislation is set to take effect on March 15, 2014. In short the Revision basically changes everything for consumers in China. As always, only time will tell as to how it is implemented but the intent is clear – consumers will be given greater protection, writes Mark Schaub, lawyer at King&Wood and Malleson.Read More →
The mental health of migrant workers – Zhang Lijia
Migrant workers suffer from a wide range of mental disorders, caused by their working situation, tells author Zhang Lijia at the CNN-website. Her findings are based on recent research by Yu Cheng,Sun Yat-sen University, Guangzhou. More action on the workplace is needed.Read More →