Consumers from China are spending less, and certainly luxury brands in the US will feel the downturn at least in the short run, says luxury consumer expert Ben Cavender to AP. Tighter visa restrictions under President Donald Trump also make it harder for Chinese shoppers to get to the United States.
Category Archives: New Zealand
US-president Donald Trump is hitting world trade like an unguided missile and many investors wonder where to put their money now China seems next on his agenda, says Shanghai-based business analyst Shaun Rein in the South China Morning Post. “(Trump) likes to use chaos in order to negotiate.” Australia and Europe could be winning.
Many business people have become anxious about the China market. No reason, argues business analyst Shaun Rein in the Australian Financial Review. Income is still going up, but you need a strong stomach to crack the China market.
Trust and clean air are key, and Australia and New Zealand could even get more Chinese buyers to their countries if they play their cards right, says business analyst and author Shaun Rein to the Australian Financial Review. The visa process is vital.
Both the US and the UK retain their top positions as a destination for study, reveals the Hurun Chinese Luxury Consumer Survey. They are followed by Australia and Canada. Surprising newcomer is New Zealand at not five, Hurun founder Rupert Hoogewerf tells in the PieNews.
The agreement between China and the US to issue 10-year visa might have been a first watershed moment, other countries are following suit. WSJ wealth editor Wei Gu discovered soon for a New Zealand visa, showing your platina UnionCard opens doors.
The story China´s rich send their kids abroad is not new, but their numbers are growing and the ages of the kids are dropping, found the latest Hurun report. And says Hurun founder Rupert Hoogerwerf, they go to more different countries, he tells at Yibada.com
The 2013 Fonterra milk scandal has not diminished the aspirations of the New Zealand firm to play a role in China´s dairy industry. This week Fonterra bought 20% stake in Beingmate, a smart move, says retail analyst Ben Cavender to Reuters.
Foreign milk companies are gearing up for the China market. But they should not underestimate the potential competition by domestic companies, tells business analyst Shaun Rein to Reuters. “They can have the best of both worlds.”
Dreams about the future have been important for China and the Chinese over the past decades, but what they dream about has been changing dramatically. Business analyst Shaun Rein discussed those changing dream with Daftblogger, and the increased search for quality.