Tag: consumer

Chinese coffee market perks up

daxue_coffee_starbucks-1024x768Could China, traditionally a tea drinking nation, one day become the largest market for Starbucks coffee?

Its a question that western businesses operating in any area of China’s consumer market ask themselves of course. But it has a particular interest for coffee companies simply because the drink is so alien to most Chinese. (continue reading…)

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China gets tough on customer data

data_protection-280x300China’s consumer boom has also created a boom in trafficking in personal data. US business information firm Dun & Bradstreet reportedly was fined RMB1m and had four of its Chinese employees jailed earlier this year for buying the personal data of Chinese citizens. (continue reading…)

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How to play China’s pollution fears

china-pollution3Where some see problems, others opportunities. The record level of smog  that cloaked Beijing earlier this year sparked a turnaround in the mindset of Chinese consumers, that fund managers should not ignore. (continue reading…)

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Testing times for Chinese consumers

china-pollutionEnvironmental concerns are growing in China but people also concerned about the less-visible consequences of the country’s breakneck growth in recent years, such as growing inequalty and food safety.

According to a  recent report by Pew Research, the Chinese are increasingly concerned about the quality of the country’s air and water. (continue reading…)

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Macy’s rethinks e-commerce in China

https://www.recyclebank.com/media/partner_logos/macysLogo_300x300.jpgUS retailing giant Macy’s has shelved plans to start selling online in China, the latest casualty in a supposedly booming e-commerce market that is proving elusive for some western retailers.

The US firm had planned to begin online sales  in China in the spring, after buying a minority stake  in Chinese retail company VIPStore last year. (continue reading…)

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Tesco tries JV route again

After struggling to go it alone in China and with profits down in Europe, Tesco, the UK’s leading food retailer, has fallen back on the tried-and-tested method for western businesses operating in China: a joint venture. (continue reading…)

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US pork is acquired taste for Chinese

smithfield_logoShuanghui, China’s largest pork producer, has acquired Smithfield Foods, the world’s largest producer of the white meat,  for $4.7bn, making this the biggest Chinese acquisition of a US company to date. (continue reading…)

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Casarte gets brand boost with BM

casarte.jpgBurson-Marsteller, the US PR giant, has won a one-year contract from white goods manufacturer Haier to support a brand communications program for its upscale Casarte brand in China. (continue reading…)

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China Auto Rental IPO hits the road

For once, a Chinese company plans an IPO with an old-fashioned business model that any investor can understand — auto rentals. (continue reading…)

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Coming to your screen soon

Remember when Japanese firms dominated the TV industry?Japan’s once unbeatable consumer electronics industry is going through tough times and South Korea’s Samsung has now built an indominable lead over its Nippon rivals in the TV market.
(continue reading…)

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