China´s rich are increasingly looking for challenges, also when it comes to their holidays, says the Hurun Report Chinese Luxury Consumer Survey 2016. The wealthy entrepreneurs are keen to test their limits, says Hurun founder Rupert Hoogewerf in the China Daily, preferring adventure sports over riding and sailing.Read More →
High profile sportswear Under Armour’s is trying to its new Curry Two shoes also in China, but business analyst Shaun Rein believes the company faces severe barriers on the way to the Chinese market, he tells Afro.com.Read More →
The recent downturn in the stock market and the government restrictions on money capital transfers might hit transfers in China´s football leagues, says financial analyst Victor Shih to Associated Press. “It is a general problem for wealthy people in China who are major shareholders in companies,”Read More →
Beijing has only Almaty, Kazakhstan left as a competitor for the Olympic Wintergames in 2022. But many academics and environmentalists describe an upcoming disaster for the region, writes author Ian Johnson in the New York Times.Read More →
Adidas sales show in China a jump of 15% in a rather contrary sport wear market. In the WSJ business analyst Shaun Rein explains how the market works differently from elsewhere in the world. “In China its more about fashion than sports.”Read More →
Chinese sports wear brand Li Ning not only saw its shares tumble, but has lost its position as erstwhile favorite. Business analyst Shaun Rein is not very hopeful for its recovery in the short term, and expects an upsurge not before 2015 for the sport apparel sector as a whole, he tells Reuters.Read More →
China’s internet has been abuzz about the unfair treatment China got at the London 2012 Olympics, in the eyes of many Chinese. Author Zhang Lijia takes at her weblog a step back and tries to figure out what was going on.Read More →
The world might still be watching the exciting London 2012 Olympic games, in China sports apparels, winners four years ago have a hard time, compared to the rest of the world, explains business analyst Shaun Rein in CNBC.Read More →