Traditional luxury markets have contracted, with the exception of travel, which is one of the conclusions of the 2025 Hurun Chinese Luxury Consumer Survey. “The average household consumption of China’s HNWIs was down 12% in the past year,” says Rupert Hoogewerf, chairman of Hurun, the research organization responsible for the Hurun Rich List in the Jing Daily.Read More →
One of the key factors causing global coffee prices to rise is the massive growth of consumption in China. Marketing expert Ashley Dudarenok explains how Chinese consumers took on the coffee market over the past decades, a growth that is now yet finished, despite the rising prices, she tells in her vlog.Read More →
China’s toy company Pop Mart has become an instant domestic and international success for a new generation of consumers. Marketing guru Ashley Dudarenok explains in Time how Pop Mart was able to read the hearts and minds of a new brand of consumers. Pop Mart understands those consumer needs, according to Dudarenok, and the Chinese domestic market lets companies “fail fast and succeed fast” to figure out what consumers really want.Read More →
Global VC William Bao Bean, Managing General Partner at Orbit Startups, tells how the lessons learned in China helped him now to invest in emerging markets, and how he moved since 2018 from China into those emerging markets. In a wide-ranging interview with marketing guru Ashley Dudarenok.Read More →
China’s consumer profiles are changing fast. Marketing expert Ashley Dudarenok picks seven profiles from her latest publication, the China Mega Report 2025, for Jing Daily—for example, the silver-haired generation: Retirees redefining aging
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China’s consumer profiles are changing fast. Marketing expert Ashley Dudarenok picks seven profiles from her latest publication, the China Mega Report 2025, for Jing Daily—for example, the Green connectors: Millennials driving sustainability.Read More →
One-third of global wealth will come from China in the future, says Shanghai-based business analyst Shaun Rein in a debate with George Galloway on this latest book, The Split: Finding the Opportunities in China’s Economy in the New World Order. One of the achievements of current leader Xi Jinping is that he has been able to diminish the gap between rich and poor Chinese, says Rein. China used to be an unfair society, focusing on the rich, but Xi focused on the poor and middle-class Chinese, a group that counts for 400 million people and might grow to 800 million.Read More →
China expert Kaiser Kuo kicks off a wide-ranging debate on Huawei and describes how it developed from a rather obscure brand with no government support into the national champion it is today, at the Asia Society. Now it appeals to nationalistic feelings among consumers in China, but that trajectory was not so obvious at its humble start, he says.Read More →
China’s consumers turn to local brands because they tend to be cheaper than international brands, and because of patriotism because of the US-China trade war, says Shanghai-based business analyst Shaun Rein to CNBC. Anti-US sentiment was already virulent under Biden because of anti-Chinese measures. Under Trump that has not yet improved, adds Shaun Rein, but the Chinese hope Trump is more transactional than Biden was.Read More →
China’s lunar new year is usually the time of the year consumers spend their money, but business analyst Shaun Rein, author of The Split: Finding the Opportunities in China’s Economy in the New World Order, saw this year consumer spending was low, very low, he tells CNBC. An exception is investing in China’s tech companies, who are successfully fighting US sanctions, he adds, at least among the movers and shakers in China.Read More →
2024 was a bumper year for BYD, but it might face tough challenges to maintain its current lead in the automotive market, says marketing analyst Arnold Ma, founder of Qumin, in Campaign Asia. “Initiatives such as reducing carbon footprints, ensuring fair labour practices, and engaging in community development that resonate positively with stakeholders should continue to stay in focus,” he writes.Read More →
Most visitors to China know the larger cities, but marketing expert Ashley Dudarenok dives into Yunnan, this time the community-based agricultural markets that are so different from the cities.Read More →