While the luxury good suffer from the anti-graft crackdown, what the Chinese buy, they buy increasingly abroad, says China Rich List founder Rupert Hoogewerf at the presentation of his eleventh Hurun Best of the Best Awards 2015, a benchmark for the luxury sector, according to the Shanghai Daily.Read More →
Huawei has replaced Xiaomi as the preferred mobile in China. Is you want to be cool, you buy Apple, if you want a decent local product, you buy Huawei, says business analyst Shaun Rein in Yahoo Finance. Xiaomi is still a good company, but US$45 billion might be a little bit high, he says.Read More →
Business analyst Shaun Rein does not support the current bearish mood on China´s economy, he tells MoneyControl. There are weaknesses, but economic growth for Q4 will be at or close to 7 percent, he says. And weaknesses offer opportunities, if you have a strong stomach.Read More →
While Apple´s iPhone 6S got an enthusiastic reception in Shanghai, some observers see some of the glory of the US giant is fading. Rupert Hoogewerf of the China Rich List sees even some of the rich moving to the domestic competitor Huawei, he tells the International Business Times. International BusinessRead More →
Google, Ebay and Amazon are just some of the tech giants who failed in China. With a good preparation that would not have happened, claims William Bao Bean, managing director of the ChinaAccelarator. His organization prepares startups for launches in China, and Chinese firms for going global.Read More →
Money goes before politics during president Xi Jinping´s week-long visit to the United States. And the many CEO´s of American top firms, who will meet the Chinese leader, face dilemma´s, says business analyst Shaun Rein in Market Place.Read More →
Apple´s watch got a lackluster welcome worldwide, but luxury industry watchers in China expect the new device will make a blast in the China market. China Rich List founder Rupert Hoogewerf explains in the International Business Times why the watch is so attractive.Read More →
Apple´s latest iPhone has been a huge success in China, after the company had more problems entering the China market earlier. But the Apple Watch is going to be a success, expects business analyst Shaun Rein, according to Bloomberg.Read More →
China´s proposal to IT vendors to give access to their devices to fight terror has raised the tensions in the industry. Apple seems to have agreed to share its source code with China, and that might cause Obama a headache, says business analyst Ben Cavender in Quartz.Read More →
A reasonable price and still a premium, those are the assets of the iPhone 6 as a key gift for Chinese New Year business analyst Shaun Rein notes at CNBC. “The anti-corruption drive is more serious than most analysts realize,” said Rein.Read More →
China state media framed the last week´s Hurun Report on the luxury industry a success for the anti-corruption struggle of president Xi Jinping. But the rich cut back their spending only marginally, and Hurun founder Rupert Hoogewerf calls 2014 even a “banner year”.Read More →
US tech giant Apple has taken over the number one position as most popular gift from designer good maker Hermes, according the the newest Hurun luxury report. Travel is the main driving force, says Hurun founder Rupert Hoogewerf as Chinese buy 7 out of 10 luxury products overseas, according to Reuters.Read More →