Shaun Rein, one of the leading voices on China´s economic change, will be in the United States, most of July. That means he will be available for lower costs for audiences in the US. He is the author of The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia and quoted regularly by mainstream media.
Category Archives: ecommerce
Chinese are changing the tourist industry in the west profoundly, says Roy Graff of ChinaContact in IBT. Getting your online presence is one key element: ““The issue is that if you have a global Twitter or Facebook marketing plan, you need a separate plan for their Chinese equivalents.”
Haier is not only for years the largest white-good manufacturer, not only in China, but worldwide. IMD professor Bill Fischer explains how the first Chinese company to go global did so by unconditional focussing on their customers, in Strategy Business. How Haier reinvented itself four times in 30 years.
China´s counts 2.9 million buyers of luxury products, and most of them make already their purchasing decision before they leave home, says China Rich-List founder Rupert Hoogewerf, according to WARC. Online presence is key for luxury products.
Legal protection for China´s consumers was long overdue, but a revision of the existing laws might change all for the country´s consumers, writes lawyer Mark Schaub in Lexology. All depends now on how those laws are being executed.
What is the room for newcomers in China´s e-commerce after Alibaba´s successful IPO? WSJ wealth editor Wei Gu discusses with Jef Walters of Boston Consulting, and finds that massive growth is still possible. Only half of China´s internet users is purchasing online, and mobile is still taking off in a country where most users have mobile.
Alibaba´s IPO might have made a lot of people and banks more wealthy, especially Hangzhou – the birthplace of the eCommerce giant – will benefit. Rupert Hoogewerf, founder of the Hurun rich list, expects more expensive sport cars in the Hangzhou streets, he tells in USA Today.
Author Shaun Rein of the upcoming book The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia discusses at the Business News Network how China has moved in ten years time from a copycat economy to real innovation.
Despite its close to US$22 billion IPO at the New York Stock Exchange today, business analyst Shaun Rein does not see in Alibaba a real global company. “Its model is not scalable in other large market like the US and Indonesia”, he says at has much work to do at home, especially on mobile where it is lagging.
Alibaba´s e-commerce platform Taobao excels in integrating social functions, says internet expert Benjamin Joffe in CIO. Although it specifically focuses on Chinese buyers, not those in the west, Western companies can learn from it.