Category Archives: consumers

Fine chocolate: the ideal China gift – Shaun Rein

The Europeans, especially the Belgians and the Swiss, bring China the ideal gift for the wealthy: chocolate. Shanghai’s World Chocolate Wonderland showcases. Fine chocolate is high on the agenda of affluent shoppers, tells business analyst Shaun Rein in the Financial Times.

China’s rich get richer and more confident – Shaun Rein

Luxury good producers like Louis Vuitton and Porsche do not have to panic after Robert Frank’s WSJ article suggesting China’s wealthy stop spending. Frank looked at the lower middle class, argues business analyst Shaun Rein in CNBC. According to his research, the real wealthy Chinese spend more than ever.

Looking for the bad guys, the shanzai story – Tricia Wang

Sociologist Tricia Wang discusses what is holding back China’s computing industry from creating disruptive innovation. The lack of a common story that binds the industry, is one of a set of shortcomings, she argues on her weblog. Perhaps with the exception of mobile: shanzai.

Bullish on consumer demand, retail – Shaun Rein

China’s economy might be facing some short term trouble, but business analyst Shaun Rein remains optimistic about consumer demand and retail for the longer term. Only Chinese equity should be avoided, he tells on CNBC.

The Chinese consumer – Helen Wang

Author Helen Wang of The Chinese Dream introduced her book on December 5 at the Asia House in London, on the invitation of Lord Wei. Here is what she had to say about the Chinese consumer.

Luxury spending moves to smaller cities – Shaun Rein

Spending on luxury products moves in China to the third-tier cities, notes business analyst Shaun Rein in an interview with AFP. Unlike the rich from Shanghai and Beijing, inhabitants of third-tier cities can travel less internationally.

Trends Western firms miss in China – Shaun Rein

Business analyst Shaun Rein is interview on his upcoming book The End of Cheap China by David Jackson Seeking Alpha. The kick-off: what trends are Western firms missing in China (and much more)?

Global brands must go local to win – Shaun Rein

Global brands are focusing increasingly on China’s domestic consumption, but they will lose out if they do not take localization and the wishes of China’s consumers serious, writes business analyst Shaun Rein in CNBC. He recalls an international footwear company with sluggish sales in China.

Ambassador Nicolas Platt endorses “The end of Cheap China” – Shaun Rein

Shaun Rein’s book The End of Cheap China: Economic and Cultural Trends that will Disrupt the World was earlier this week #23 at the Amazon bestseller list for economic books, while you can only pre-order it! A growning number of celebrities endorses the book.

Why Louis Vuitton cannot afford to be too popular – Shaun Rein

Being popular in China seems attractive to many luxury products, but – argues retail analyst Shain Rein in CNBC – Louis Vuitton is becoming so popular, it might wipe away its attraction as a luxury asset. What should Louis Vuitton do?