Home appliances manufacturer Haier has become of of the leading forces in China’s drive for innovation, says IMD-professor Bill Fischer in the People’s Daily. “Reinventing Giants” is a recent book he co-authored focuses on Haier’s transformation process: the middle management is taken out.Read More →
China consumers are outspending the moderate GDP growth, but underlying changing undermine the big players in retail, as the sales increasingly go to the little guys, including e-commerce, writes retail analyst Paul French in the China Economic Review.Read More →
Private companies have for long been trailing behind their state-owned competitors, but times are changing, says chief researcher Rupert Hoogewerf of the Hurun Brand List. Branding is blurring that old difference, although the process is slower than expected, he tells in WARC.Read More →
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?”Read More →
The Hurun Research Institute publish yesterday its annual top-200 Chinese brands, with China Mobile for the sixth time in a top-position since the start of the ranking in 2007, tells Hurun founder Rupert Hoogewerf in the Global Times.Read More →
Australia has been dropping on the list of favorite destinations for Chinese tourists, reports the Brisbane Times. China Rich list composer Rupert Hoogewerf explains why other destinations like the France, Singapore, Italy, the UK, the US and Switzerland are today doing better.Read More →
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.”Read More →
US chocolate maker Hershey currently has two percent of the China market, and is small compared to bigger players like Mars and Nestle. Business analyst Shaun Rein explains at the Wall Street Journal the China premium chocolate market is growing 20% per year, but domestic competition is making life tough. But Hershey wants a market share of 27% by 2017.Read More →
Battling a slowdown in Apple’s China sales by doubling the number of outlets might just not be enough, tells retail analyst Shaun Rein in Bloomberg. Apple is facing “serious political headwinds”.Read More →
Most companies in trouble restructure, scale down, very few are able to reinvent themselves. But it can be done, writes IMD-professor Bill Fischer in Forbes. Soon a book on the Chinese company Haier, one of the companies who reinvented itself, co-authored by Bill Fischer, will appear.Read More →
China’s most famous liquor Moutai is the Ferrari among alcoholic drinks. But when austerity is high on the political agenda, that might actually create a lot of trouble, explains business analyst Shaun Rein to Reuters. Although they might be able to circumvent those measures.Read More →
China is moving away from cheap t-shirts to a higher value-added production of goods like medical equipment and automotive parts, tells Shaun Rein, the author of the book “The End of Cheap China” in Asia Today of WSJ.Read More →