Category Archives: consumers

Alipay, WeChat at last opened for foreigners – Shaun Rein

Alipay and WeChat, China’s largest payment options, opened their services for foreign credit card holders, and it was about time too, says Shanghai-based business analyst Shaun Rein, author of the bestseller The War for China’s Wallet: Profiting from New World Order┬áto the South China Morning Post.

How does Alipay works for foreign tourists? – Ashley Dudarenok

Marketing expert Ashley Dudarenok is enthusiastic about the announcement of Alipay to open up for tourists visiting China, followed shortly by a similar move by WeChat. On her vlog, she explains how visitors without a Chinese bank account can now use Aliba. Details on WeChat were not yet known at the moment of recording.

Fintech experts at the China Speakers Bureau (updated)

From a cash country, where transactions were done by moving plastic bags with money between bank branches, China has turned into a leading force in fintech or financiel technology. Mobile payment are standard. Bitcoins and blockchain technology found in China early adopters. Social media have – more than anywhere in the world – adopted payment systems to facilitate online trade.

How to launch your product at Zhihu – Ashley Dudarenok

Zhihu, China’s popular Q&A site comparable to Quora, can be a good place to launch your product, says China marketing expert Ashley Dudarenok at the Jing Daily. But the content-driven platform needs – not surprisingly – also a content-driven strategy, she explains.

Understanding the consumer in China – Ben Cavender

Understanding the consumer in China is tough for most foreign companies entering this competitive market, says retail analyst Ben Cavender. There is no escape from shopping here, as retail is fully integrated into daily life. “China is where all the future trends are happening,” he says.

Sustainability: a tough sell to China consumers – Ashley Dudarenok

Sustainability might have been high on the agenda of major fashion brands, most consumers in China still not buy into the concept, says marketing expert Ashley Dudarenok at the Jing Daily. But there is hope for the future as brands focus on the young and future consumers.

China’s consumers pick pork over iPhones – Victor Shih

China’s consumers are changing because of the trade war and food-driven inflation, says China expert Victor Shih at the Investor Place. They will pick pork over iPhones, he says, with a drastic impact on the stock markets.

Pigs are the real problem for China’s leadership – Victor Shih

It is not Hong Kong protests or the trade war, China’s leaders fear most, but hogs hit by African swine fever and the rising pork prices, says political analyst Victor Shih at Phys.org. An estimated 40 percent of its pigs have been killed already and massive reserves of frozen pork released on the stretched markets.

China’s consumers hate to go for a premium product – Ben Cavender

Competition between Starbucks and Luckin has been heating up, and Luckin seems to focus on a higher segment of the market. But business analyst Ben Cavender warns the company might fall into a sword it helped to create itself, he tells to Reuters.

Can Costco succeed where other foreign competitors gave up? – Ashley Dudarenok

US discount retailer Costco made a blast this week in Shanghai with the opening of their first flagship store. Can it succeed where Carrefour, Amazon, Tesco, and others give in to domestic and online competition, wonders branding expert Ashley Dudarenok.