Going cheap is no longer the prevailing trend among China´s consumers, as especially the younger ones, who have traveled a lot, look for good quality, says retail analyst Ben Cavender in the International Business Times.Read More →
For veterans the 30% drop of Chinese stock markets last week was not really a surprise, but this time especially young inexperienced investors have been hit hard, tells business analyst Shaun Rein author of The End of Copycat China. Over the past month 7 million new accounts were created, mostly by investors under 30 years. That might his consumer confidence, says Rein.Read More →
Raising children with a mixed racial background in China is a struggle, tells author Zhang Lijia in the South China Morning Post. Why is it so hard to make them love anything Chinese, she wonders, looking at her two daughters.Read More →
Figures coming from China, especially recent PMI data look gloomy, but business analyst Shaun Rein does not expect any major stimulus plan soon, he tells in MoneyControl. Only high unemploymency, for example when many graduates cannot find jobs in June, could trigger off a minor stimulus plan.Read More →
Single’s Day in China, on 11 November, has become a major discounting e-commerce event, passing even America’s Cyber Monday in size. Retail analyst Shaun Rein explains why the Single’s Day makes Chinese youth happy at CNBC.Read More →
Gone are the old queues of eager customers lining up in China’s cities, selling to Chinese customers has become a challenge. The quality of your customer’ services is going to be key for your sales, explains retail analyst Ben Cavender in CKGSB Knowledge.Read More →
The fast rise in prosperity and high expectation might life for the generation of single children tough, very tough, with increasing daily pressure, tells China veteran Paul French in the Telegraph.Read More →
The fight for talent is heating up in China, as the pool of labor resources dries up. And Chinese companies are winning from the multinationals. A staff turnover of 20% was already considered to be normal, explains Ben Cavender in Forbes India.Read More →
Young billionaires worldwide tend to inherit their capital, but not in China. In China very few of the rich inherit their wealth, tells Rupert Hoogewerf of Hurun of the China Rich List in the Shanghai Daily.Read More →
‘Precious snowflakes’ are they called, the second generation of overly spoiled Chinese children, tells Paul French in The Telegraph. And even more than their predecessors, the little emperors, they have a hard time in dealing with reality.Read More →
China’s younger generation sees Chairman Mao Zedong as one of the most admired people, writes author Zhang Lijia on her weblog, recalling a meeting under one of the few statues of Mao in Shenyang. The difficult relation with a former leader.Read More →
China’s broadcast authorities cancelled recently a hugely popular Idols-like TV show called the ‘super girls’. Author Zhang Lijia explains on her weblog why those heavy handed censorship methods do not work anymore.Read More →