Luxury bag producer Louis Vuitton has scored a major deal by cooperating with the Beijing National Museum, says retail analyst Shaun Rein in News Channel Asia. Linking to its own historical roots works very well in China.
Category Archives: consumers
What are the fundamental differences between Chinese and Western consumers, wonders Shanghai-based advertising expert Tom Doctoroff in a wide-ranging interview with ChinaSmack.
The Chinese government should be revaluate its currency on one time to stop the price rises in the country, Shaun Rein explains in CNCB. In the past he argued against a too fast increase of the value of the renminbi, since that would hurt the export and the manufacturers. Now, to prevent social unrest, stiff action would be needed to stem inflation.
The number of millionaires (in US dollars) in Shanghai has been growing fast and the city now counts 80 billionaire, the latest Hurun report, composed by Rupert Hoogewerf, shows, according to the state media here and here. Real estate continues to contribute greatly to the growth of wealth.
The sociologist and tech writer Tricia Wang has joined the China Speakers Bureau. Tricia Wang focuses on the usage of internet and mobile communication in cities and is current doing research in Wuhan among migrant community. Tricia Wang combines strong analytical academic skills with an equally convincing on-the-ground experience in different cities in China.
Celebrity author Helen Wang taps into the excitement of Western companies to enter the China market. The paper JingDaily asks her wide ranging questions on her book on China’s middle class, The Chinese Dream. Focus on health care and education, she advises foreign companies.
The US could lose 1 to 2 trillion US dollar in revenue if they successfully scare away Chinese investors, writes Shaun Rein in CNBC, quoting a recent Asia Society report. “Fear mongering about China by American politicians and businessmen like Donald Trump has made Chinese think twice about investing in the U.S.”