Category Archives: consumers

Food scares are not going away – Paul French

No day passes by and China faces yet another food scare, sometimes spilling over into countries abroad. Despite all the attention, those food scares are here to stay, says retail analyst Paul French in The Telegraph.

Wei Gu joins the China Speakers Bureau

Wei Gu joined this week the China Speakers Bureau. She is a Chinese journalist and works as columnist at Reuters’ Breakingviews from Hong Kong. While her focus is on finance, Wei Gu’s sharp analyses also deal with China’s politics and media.

Hermes, best of the best for luxury buyers – Ben Cavender

Some luxury brands keep on growing, despite a recession. Hermes expects to grow, also in the upcoming five years and Ben Cavender, principal at the China Market Research Group explains on China Daily why.

Booming business: domestic and international tourism – Wei Gu

China’s week-long holiday has triggered off record numbers of Chinese tourists, both domestically and internationally, notes Wei Gu, columnist at Reuters. “A rare bright spot.”

For success in China, think opposite – Helen Wang

Succeeding in China needs special talents from Western companies, author Helen Wang explains in Forbes. One of them is thinking counter-intuitive, think opposite and act like Chinese. A crash course.

Tainted milk hurt cereal growth opportunities – Paul French

Kellog is the second cereal maker, after Weetabix, trying to enter the China market. But ongoing milk scandals have made the market a hard one to crack, tells retail analyst Paul French to AP. Nevertheless, Kellog sees possibilities for growth.

The changing Chinese preferences for luxury goods – Shaun Rein

Chinese consumers still buy luxury goods, despite a relative economic dip, says business analyst Shaun Rein in the New York Times. But their preferences are shifting and diversifying, depending on demographics and spending power.

Who are China’s superrich? – Rupert Hoogewerf

Much of the consumption power is in the hands of China’s 2.7 million millionaires (in US dollars). China rich list founder Rupert Hoogewerf or Hurun gives in Adage the profile of the super rich.

Fear constrains China’s consumption – Tom Doctoroff

Uncertainty about what might happen tomorrow triggers off China’s high savings rate, a dilemma for marketeers and China’s government alike, explains marketing guru Tom Doctoroff in Adage.

Confidence of luxury consumers got a hit – Rupert Hoogewerf

The economic slowdown is now also hurting the confidence of the luxury consumers, concludes rich-list founder Rupert Hoogewerf or Hurun, based on the 2012 Hurun Luxury Price Index, quoted in the China Daily. Growth is the lowest in six years time.