Category Archives: consumers

Inflation undermines consumer confidence – Shaun Rein

Rising food prices are worrying China’s consumers, tells business analyst Shaun Rein in CNBC. Although he also discovered the women keep on shopping for now, although their buying habits changed dramatically.

Apple is lagging behind Google’s Android – Shaun Rein

Apple might look like the big technology winner, gaining unprecedented access to the Chinese consumer, but it is lagging as Google’s Android moves ahead, tells business analyst Shaun Rein Bloomberg.

China: expected to continue economic growth – Arthur Kroeber

Europe and the US might be bracing for another economic hit, but economic analyst Arthur Kroeber explains in The Financial Times why he expects China to continue growing – in stead of crashing like others predict.

Luxury dreams from Chengdu – Helen Wang

Second-tier city Chengdu is betting on the high-end luxury consumption and wants to bring annually twenty world-brand luxury products into the city, writes author Helen Wang in Forbes. New targets for China’s middle class.

China’s billionaires double – Rupert Hoogewerf

The number of billionaires in China (in US dollar terms) has doubled over the past two years, Hurun founder Rupert Hoogewerf told The Telegraph. The number of super rich is exploding according the the latest China Rich list.

“The spirit of the East and the West” – Helen Wang

Book author Helen Wang got a feature in the Chengdu fashion magazine “Grace”, describing her as “the spirit of the East and the West”. On her weblog Helen Wang describes her latest success.

China has now 960,000 millionaires – Rupert Hoogewerf

Almost a million Chinese now have 10 million Renminbi (1,57 million US dollar) in assets, according to the latest Hurun report. 60,000 have over 100 million Renminbi (15,7 US dollar) The Hurun report is published by Rupert Hoogewerf.

China is getting fat faster – Paul French

Chinese not only get fat in a different way, compared to the US and Europe, they also get fat much faster, tells retail expert Paul French in a Reuters’ feature.

Shut up and shop, patriotism in China – Paul French

Being a patriot in China has become much easier, now the government focuses on increasing domestic consumption, writes retail analyst Paul French in The Telegraph. “All they have to do now is shop, shut up and then go shop some more.”

Who are China’s luxury shoppers? – Helen Wang

China’s middle class looks definitely different from the American middle class. Author Helen Wang discusses with the editor of Chengdu Today the profile of China’s luxury shoppers and analyzes their profiles on her weblog.