March 4th, 2008 by China Business Success Stories
While hard work and plain living have been revered virtues of the Chinese people for generations, there has been a growth in demand for foreign-branded or imported goods. But running counter to the growing habit of consumption in China is the traditional propensity to save. Though luxury consumption is growing, for most the dominant social idea is still prudent consumption and undertaking no more than you can perform.
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February 28th, 2008 by China Business Success Stories
Chris Devonshire-Ellis, Senior Partner of Dezan Shira & Associates, speaking at the Asia Business Forum Annual China M&A Conference in Singapore today said that he felt the Chinese economy would withstand any U.S. recession and that M&A (mergers and acquisitions) activity would continue in the PRC.
His comments, made to a group of prominent academics and lawyers, including the corporate finance heads of Deloitte Touche and KPMG …
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February 21st, 2008 by China Business Success Stories
Foreign companies share a growing interest in tapping into China’s luxury market. Statistics show not only that the number of wealthy people is growing fast in China, but that their willingness to spend on big-ticket items is also on the rise, driven by an appetite for status as well as the comforts and trappings of luxury products.
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February 19th, 2008 by China Business Success Stories
Just before Chinese New Year, I was in a Shanghai sales meeting where the owner of a European company was discussing post-holiday sales projections. The talk was all “new, innovative, out of the box”, but the walk was all about doing the same old thing only bigger and/or cheaper. I’ve been to this rodeo before. Some of the expensive new marketing initiatives put into place 6 months ago were about to whither and die.
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February 14th, 2008 by China Business Success Stories
By Ting Zhang
“Going out. Going global” has long been the rally cry for the China government’s encouragement of developing competitive positions. It’s a key express policy.
No, we’re not talking about the Olympics here; “Going Global” means economics and enterprise.
And China means business for the UK.
The lesson is that the key to success in these business Olympics is not a winter-takes-all attitude, but that partnership and co-operation can make winners of us all.
The signs are clear that the UK is picking up the pace of the challenge set by China.
This month in Beijing, UK Prime Minster Gordon Brown extended the welcome on China’s growing overseas direct investment (ODI) in the UK.
“I want Britain to be the Read the rest of “China is expanding its global economic Empire” or post a comment
