For long China was the world´s working place with thousands of workers toiling away in dirty workshops. But China´s youngsters do not want to work in factories anymore, says business analyst Shaun Rein, author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia, to MIT Technology Review. In stead, robots take over.Read More →
Shanghai Disney opened with a lot of hype, but the number of visitors fell short of the expectations. The entertainment park is not yet where it wants to be, says business analyst Shaun Rein, although it might still bounce back from its current under-performance, he tells the South China Morning Post.Read More →
Business analyst Shaun Rein will be staying most of October in Australia, both Melbourne and Brisbane. He is there at an appropriate time, when politicians seem clueless about China, and when not clueless do just the wrong things.Read More →
China has been claiming huge success in their “fox hunt”, an effort to retrive corrupt officials who fled abroad to escape prosecution. Canada was a main safe haven for them. Business analyst Shaun Rein explains in the Globe&Mail why helping China is a good idea, despite misgivings about the country´s judicial system.Read More →
Beer has always been a poor-people product, but has been going upmarket, now China´s elite discover the more fancy beers, tells retail analyst Shaun Rein to the Boston Globe. Although, in the sales, craft beers in China hardly show up, that is going to change.Read More →
China´s economy might be slowing down a bit, outbound tourism keeps on booming like before. Chinese tourists spend more per capital than any other natonality. In 2015 120 million Chinese spent in total over 100 billion US dollar, a double digit growth compared to 2014.
While there are some sure winning among the top destinations, Chinese tourists are fast looking for new trends, and the government is able to steer tourist stream to other countries, when political strubbles occur. Both Japan, France and Taiwan had now and then those political problemsRead More →
For a long time, Hong Kong was the place to go for visitors from the mainland, but the resentment against mainlanders in Hong Kong grew, says retail analyst and author Shaun Rein in Todayonline, and as Chinese got more travel alternatives, Hong Kong sees sales of luxury goods drop dramatically.Read More →
Chinese consumers belonged to the least loyal to brands. And although brand loyalty is on the rise, China only shows a slow improvement. Business analyst Shaun Rein explains why to CKGSB Knowledge. “Loyalty is happening because consumers are getting sophisticated.”Read More →
McDonald´s might be in China for decades, it still has problems to adjust to the fast changing realities on the ground, says business analyst Shaun Rein to QZ. They now decided to increase their franchises and leave the cooking to people who better know the Chinese taste, says Shaun Rein, and that seems a smart idea.Read More →
Shanghai Disney opened this week after five years of preparing while China´s growth had been relatively slowing down. But business analyst Shaun Rein does not see this mega operation will be hurt by dropping consumer spending. Chinese still spend on experiences and their kids, he tells AP.Read More →
Even ahead of its official opening, the Shanghai Disneyland park looks for many the place to be. Costs might be higher, but it will add positively to consumer spending, says business analyst Shaun Rein in Bloomberg. “Every person with a kid or grandkid in China is going to go to Shanghai Disney as long as it’s big enough and good enough.”Read More →
New England shoe company New Balance is suing a competitor in Guangzhou for using its brand name. The case does not lead anywhere for the US company, and business analyst Shaun Rein explains in Fortune why legal action sometimes can be counterproductive in China. Fighting for China to change might not work.Read More →