Not popular in China via Wikipedia Foreign DIY-stores like B&Q, Home Depot and Saint-Gobain are retreating from China despite the booming economy, and nobody should be surprised, tells Shaun Rein in The Age. DIY does not fit the image people want to have. The Age: “Do-it-yourself is not popular inRead More →
Wendell Minnick by Fantake via Flickr Shaun Rein regained the first position again from Kaiser Kuo in a very busy media month. Mostly we have no complaints on how our top-speakers perform, but this March shows we are in the top-season for business in China.Fastest rising star this month isRead More →
Shaun Rein by Fantake via Flickr Common complaints? “Overly confident”, “spoilt”, “mercenary”, “and disloyal” employees. Shaun Rein looks in CNBC at one of the largest problems for foreign companies in China: the lack of a loyal labor force. “Mama Mia,” the GM of an Italian company lamented to me overRead More →
Image by Fantake via Flickr The main difference between Tunesia, Egypt, Libya on one hand and China? Most Chinese support their government, argues Shaun Rein in CNBC in response to those who predict China might be the next on the block of governments under siege. Shaun Rein: Sure, the systemRead More →
Shaun Rein by Fantake via Flickr The current crisis in Japan could lead to a change in Sino-Japanese relationships, Shaun Rein tells CNBC. Japan could actually have a chance to trigger off long-overdue economic change and prepare for competition with China. Shaun Rein is a speaker at the China SpeakersRead 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 Foreign firms in China currently make fat margins, showing the strenght of the economy, Shaun Rein tells Bloomberg, despite high profile failures like Barbie, Home Depot and BestBuy. Inflation might still be a huge problem, but there is no bubble in the making, he argues.Read More →
Image by Fantake via Flickr Even though Chinese consumers are spending more on expensive products like Apple, they shunned the Best Buy stories, explains Shaun Rein in CNBC. The economy of scale did not pay off: According to our research, Best Buy in China was perceived as being too expensive,Read More →
Shaun Rein by Fantake via Flickr Ahead of the opening of the annual meetings of the CPPCC and the National People’s Congress, Shaun Rein gives in CNBC an overview of the current challenges for the country. The mismatch on the labor market, caused by a failing education is key. OtherRead More →
Shaun Rein by Fantake via Flickr Home Depot and BestBuy were just two of the foreign companies in China that failed, while the consumer market is reaching record heights. Shaun Rein explains what they were missing in CNBC. First, they get China’s middle class wrong: For one, Western brands needRead More →
US senator Charles Schumer via Wikipedia Is China closing its doors, as companies like GE, BASF and Siemens say, or is it more open than ever, as the country’s officials say? It’s a matter of perception, writes Shaun Rein in CNBC, especially now America’s economy is in trouble and politiciansRead More →