Australian Crown expats who get incarcerated illustrate that sticking to China´s rules and regulations might be a good idea when doing business in China. Airbnb and Apple even risk a backlash of their Western constituency by hosting their China data in China. Still the best way to move forward, says Shanghai-based business analyst Shaun Rein in The Street.
Category Archives: Apple
Samsung had a loyal group of users in China, but its way of dealing with the latest security scare has shocked their loyal follower, says retail analyst Ben Cavender to AP. Samsung did not recall its Note 7, despite possible igniting batteries, and recalls in the rest of the world.
American companies and stores like KFC and Apple faced angry crowds after an international court ruled against China on its South China Sea policies, even smashing their iPhone’s. A protest that went even too far to China´s government. It is mostly the younger who are more nationalistic and patriotic, says retail analyst James Roy to AP.
Companies have a range of legitimate ways to avoid paying tax in the US. Apple is using one of them by not setting up a venture arm for its overseas investment, but by directly reinvesting its revenue from overseas, for example its hefty investments in car-hailing service Didi, says Beida accounting professor Paul Gillis to Marketplace.
Apple has presented its iPhone SE, a cheaper model of earlier iPhones. For the China market, such a more might not be good, says business analyst Shaun Rein to Reuters. They might be copying earlier mistakes on this competitive market.
While the luxury good suffer from the anti-graft crackdown, what the Chinese buy, they buy increasingly abroad, says China Rich List founder Rupert Hoogewerf at the presentation of his eleventh Hurun Best of the Best Awards 2015, a benchmark for the luxury sector, according to the Shanghai Daily.
Huawei has replaced Xiaomi as the preferred mobile in China. Is you want to be cool, you buy Apple, if you want a decent local product, you buy Huawei, says business analyst Shaun Rein in Yahoo Finance. Xiaomi is still a good company, but US$45 billion might be a little bit high, he says.
Business analyst Shaun Rein does not support the current bearish mood on China´s economy, he tells MoneyControl. There are weaknesses, but economic growth for Q4 will be at or close to 7 percent, he says. And weaknesses offer opportunities, if you have a strong stomach.
While Apple´s iPhone 6S got an enthusiastic reception in Shanghai, some observers see some of the glory of the US giant is fading. Rupert Hoogewerf of the China Rich List…