Preferences of Chinese consumers are changing fast and differentiating. Author Helen Wang of “The Chinese Dream” summarizes the five most important trends for 2013. Certainly, China is going to be the largest e-commerce market in the world, she writes in Forbes.
Category Archives: consumers
While the world’s economies are stagnating, many look at the Chinese consumers as the only place where spending is still high on the agenda. But getting money out of the…
Business in China is going through a paradigm change as the traditional price competition is giving way to quality, tells business analyst Ben Cavender in CKGSB Knowledge. Chinese companies need to get away from the price-based competition that they used to gain market share.
Tourist offices worldwide compete to get more heavy-spending Chinese to their countries, but strict visa rules remain the no.1 barrier on the road for traveling Chinese, writes hospitality specialist Roy Graff in ChinaContact. But things are getting better.
The American middle class might be licking its wounds and wonder what it means to have been middle class, in China their numbers keeps on growing and is, according to the latest figures by author Helen Wang, close to half a billion, she writes in Forbes.
Much of the speculation on China’s economic and also political future focuses on the emergence of a middle class. But whatever you call “middle class” in China, is very different from the middle class in the US, warns business analyst Shaun Rein in CNN. In China everybody wants to be rich.
China’s government is trying to change its economy from export and investment oriented into a consumer nirvana. Unfortunately, writes retail analyst Paul French in Channel4, corruption and inflation hinder that policy greatly. What will the upcoming CCP-congress bring?