Unlike Wall Street Journal’s columnist Bussey Shaun Rein does not think Wal-Mart – or any other foreign retailer in China – is bullied by the authorities. It’s Wal-Mart who betrayed its customers. Foreign retailers gain more and more market share, he tells in CNBC.
Category Archives: consumers
Low prices might be Wal-Mart’s key marketing tool in the US, in China you lose as a foreign company from domestic competition if you try to beat them on prices, tells business analyst Shaun Rein in Reuters.
American retailers have a hard time surviving outside their home turf, compared to European and Asian companies, retail analyst Paul French tells Reuters. Wal-Mart had to close stores and saw staff arrested because of price manipulation and mislabeling food products in their stores.
Hewlett Packard’s market share in Asia is slipping, not in the last place because of the fallout of recalls in China, says Sam Flemming, director at CIC, in Business week. How another US firm messed up in China.
Changing a business plan happens almost every three months in fast-growing China, and sometimes very drastic. Serial entrepreneur Marc van der Chijs describes on his weblog how his new start-up United Styles, relaunched after six months for a different target group and with different technology.
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 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.
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.