Australia scores high among China’s rich, not only as travel destination, but also as place to live, notes China Rich List founder Rupert Hoogewerf in The Sydney Morning Herald, after the release of a new report.
Category Archives: consumers
The New York Times started an online edition in simplified Chinese to lure luxury good advertisers. A commendable move, writes serial entrepreneur Marc van der Chijs on his weblog, but also a receipt for disaster, as an internet block seems unavoidable.
China’s consumers continue to spend, despite a small dip in growth, also for decorating their homes, argues business analyst Shaun Rein, and goes against JWT executive Tom Doctoroff, who says Chinese consumers go for cheaper products. Shaun Rein dismantles three consumers myths in Business Week.
Localization is the mantra for foreign companies entering China, but many fail. Ben Cavender, senior analyst at the China Market Research Group (CMR) will address some famous cases during a Google+ Hangout on Thursday.
The China Daily reviews Tom Doctoroff’s latest book “What Chinese Want: Culture, Communism and China’s Modern Consumer” and what is really takes to sell to the Chinese consumers. “The Chinese world view, not to mention its brandscape, differs profoundly from other markets,” he writes.
Economists differ very much on the future of China’s short term economic direction, upwards or downwards. But in every case, e-commerce giant Alibaba is going to be a winner, predicts consumer analyst Ben Cavender in Bloomberg.