“Chief Insight Officer” Tom Doctoroff explains change and consistency of China’s consumers in a fast digitalizing world at China Connect Paris 2018. “Basic motivations remain the same.” Doctoroff is author of What Chinese Want: Culture, Communism, and China’s Modern Consumer.
Category Archives: Paris
Business consultant and One Belt, One Road (OBOR) expert Andy Mok will be visiting Paris in the last weeks of August. Are you interested in having him as a speaker to explore the latest developments or China´s outbound investment? Do get in touch or fill in our speakers´request form.
The world looked up surprised when the Tiens Group took 6,500 of its employees to Paris and the Cote-d´Azur, but for China rich-list founder Rupert Hoogewerf says in IBT that this move fits into a tradition. More surprising is that an international company like Tiens has stayed so long under the Western radar.
Many cities try to lure massive spending Chinese tourists, but Paris is year after year the winner, also when it comes to what they spend per capita. China Rich List founder Rupert Hoogewerf explains the magic of France´s capital in the Jakarta Post, and the challenges for competitors.
Lower barriers to capital accounts, make it easier to trade in China´s currency, the Renminbi. Offshore trading centers expand, at the country builds up it financial leverage. Financial analyst Sara Hsu has a look at the expanding RMB clearance banks in the Diplomat. After Hong Kong, London, Frankfurt and Seoul, Paris and Luxembourg followed.
Paris and Europe in general are losing track as hot spots for buying luxury goods, as the crisis hits China’s middle class, and consumers move from luxury goods to lifestyle, tells business analyst Shaun Rein in WSJ. “Why buying expensive goods, if you cannot have clean water and air?”
China displayed for the first time its first unmanned combat aerial vehicle (UCAV), the Pterodactyl UAV, at the Paris Air Show last week. Defense analyst Wendell Minnick explains in Defense News how China’s new toys can change the power balance by circumventing current embargoes and other regulations.
Chinese tourists not only boom in numbers, they are much harder to understand, as their wishes diversify. China hospitality expert Roy Graff discusses at the China Weekly Hangout the place of governments, travel agents and the tourists themselves.
Wall Street Journal’s wealth editor Wei Gu discusses with luxury goods veteran Francis Gouten the current slowdown in luxury good sales, and how brands should refocus. Since only a wealthy 3 percent of the Chinese buyers have a passport, Milan and Paris should focus on them, not the large masses. Without giving discounts.