Ten years ago McDonald’s was a winner in China, but with KFC the big macs are losing out. Retail analyst Shaun Rein explains to Reuters that Chinese consumers turn to domestic chains, who supply more to the aspirations of their customers.
Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch or fill in our speakers’ request form.
How successful can president Xi Jinping be in rooting out corruption, the +China Weekly Hangout is going to ask on Thursday 31 October. How committed is the Xi/Li team to real change? You can read our announcement here, or register for the event here.
Is China going to collapse under the burden of its debts? Yes, if they do not play their cards rights, tells Sara Hsu, leading expert on shadow banking in China at the China Weekly Hangout on August 30. Questions are asked by Fons Tuinstra of the China Speakers Bureau.
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