Category Archives: consumers
China’s domestic visa system, the Hukou, is a drain on its economy and makes if very hard for the industry to switch from export and investment driven to a consumption economy, says economist Heleen Mees in the Globe&Mail.
The October holiday saw many new records in the tourism industry, as Chinese consumers went abroad in unprecedented number. Hospitality expert Roy Graff collected the numbers of winners and losers of the US$ 7.7 bn extravaganza for ChinaContact.
Until last year Mercedes sold its sedans like hot buns on the China market. But the preference for high-end SUV’s and higher-profile competition makes the future less certain for the German car market, writes business analyst Shaun Rein in Business Week.
The important segment of rich Chinese sees a wide range of changes, splitting the group in at least three sections, tells retail analyst Paul French in Quartz. And all are planning better in how to spend their money as the fight against corruption turns serious.
Lunch and dinner might already be taken over by foreign fast-food chains in China, but the battle for the breakfast has just started, explains retail analyst Paul French in the Economist.
Consumer product manufacturing like Nestle SA (NESN) and SABMiller Plc (SAB) are reporting a slowdown, even in growth markets like China. The pie might be growing, but competition is too, explains retail analyst Paul French in Business Week.