Rupert Hoogewerf The number of Chinese millionaires has increased in one year time by almost 10 percent, to 960,000. The number of super rich, those have over US§15 million in assets, went up 9 percent to 60,000, according to the latest Hurun Report, produced by Rupert Hoogewerf. From eFinancialNews: WhereRead More →
Hong Kong: too small via Wikipedia The new-to-built Shanghai Disney park should learn from the mistakes that have been made in the Hong Kong park, says Shaun Rein in Reuters. First, size matters. Shaun Rein, managing director of China Market Research said the problem with the Hong Kong park isRead More →
Image via Wikipedia What foreign companies, trying to tap into the China market, regularly forget is that there is no need for their services, tells retail analyst Paul French at Marketplace Public Radio. Home Depot is an example. Paul French responds to Raymond Chou, president of Home Depot China: CHOU: The HomeRead More →
Hong Kong via Wikipedia Since Shanghai emerged as a financial stronghold at the mainland, Hong Kong has been living in fear its would be outpaced by its northern competitor. Shaun Rein explains in the Financial Times’ weblog why Shanghai, after decades of development, is still not a real threat forRead More →
Entrance Apple store Shanghai by randomwire via Flickr A visit to Apple’s store in Pudong, Shanghai leave no room for doubt: the company is doing very well. Shaun Rein analyzes in CNBC how the laggard from 2009 turned into a winner in 2011, where other retailers like BestBuy, Home DepotRead More →
Shaun Rein by Fantake via Flickr Women have been driving the Chinese consumer market for a long time, but now Chinese men are miving in and focusing more on skin care products and other cosmetics, tells Shaun Rein in this discussion on CNBC. Not only foreign brands like L’Oreal, butRead More →
Howard French by Fantake via Flickr When Howard French arrived in the 1980s arrived as a foreign correspondent in Ivory Coast it was doing much better than China, he reports in The Atlantic. Now the former Shanghai-correspondent goes back to a depressing country. My frustrations, though, went back even further.Read More →
Old Shanghai via Wikipedia Followers of Paul French’s weblog China Rhyming could have seen the preparatory work for his latest book The Old Shanghai A-Z. The book is out now, just in time for Christmas.Paul French: As to how it was put together – I broke Shanghai down into three areas –Read More →
Shaun Rein by Fantake via Flickr Saving tops no longer the agenda of China’s consumers as new generations kick in and see their disposable income grow, tells Shaun Rein Chinese media “We interviewed 5,000 people under the age of 32 across China. They have an effective savings rate of zero,”Read More →
Shaun Rein by Fantake via Flickr Shaun Rein, managing director of the market research group CMR, might be in general optimistic about China’s economic development, at CNBC he cautions against too many bears on the road for China’s Agricultural Bank, also called AgBank or ABC. The bank performedRead More →
Ben Cavender is a senior analyst with The China Market Research Group (CMR) focusing on strategic planning and brand positioning. He graduated from Cornell University with a BA in Government and Asian Studies. He travels from Shanghai.Read More →
Mark Schaub a partner at King & Wood and Mallesons, the largest law firm in China and Australia combined. He is a prolific speaker who wastes no time in avoiding the real challenges in doing business in China.
As a lawyer he had extensive experience in negotiating deals, firing people and otherwise dealing with the ignorance of companies entering the Chinese business minefield. He travels from ShanghaiRead More →