Archive for January, 2009
(Part 2) McKinsey Annual Chinese Consumer Survey 08: Accelerating demand for premium products
This is part two in a four part series of post that breaks down the recently published 2008 McKinsey Annual Chinese Consumer Survey. Click here to read Part I, “Growing Importance of Regional Differencesâ€
Who is considered middle-class in China? McKinsey defines the mass market as families with monthly income levels below 5,000RMB per month, [...]
New Fine to Target “Human Flesh” Hunters, Not Hunted
JLM Pacific Epoch/January 19, 2009
Xuzhou, a city in Jiangsu province, has established a maximum fine of RMB 5,000 for human flesh searches effective June 1, 2009, reports Yangzi Evening News. The regulation also requires public netcafes and hotels to adopt real-name registration and store information for at least 60 days, said the report. Establishments that [...]
Key Observations From The Blogosphere
Technomic Asia, “In the mood…â€
We can all be cautiously optimistic about China in 2009. Yes, 8% GDP growth is lower than the 12% we have been experiencing in the past few years, but it is about 9% greater than what most of the rest of the world is experiencing…
Zhongnanhai, “China Spends 45 Billion to Extend [...]
China passes Germany in economic rankings
CNN/January 15, 2009
China has become the world’s third-largest economy, surpassing Germany and closing rapidly on Japan, according to government and World Bank figures…
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(Part I) McKinsey Annual Chinese Consumer Survey 08: Growing Importance of Regional Differences
The first part of the McKinsey survey looks at the Chinese consumer from a geographic standpoint. Traditionally the Chinese marketplace has been divided by cities, which were then classified into different tiers according to their level of relative economic importance. Examples of first tier cities are Beijing, Shanghai and Guangzhou. Examples of second tier cities [...]
McKinsey Annual Chinese Consumer Survey 08 - Preview
I recently came across the McKinsey Annual Chinese Consumer Survey 08 presentation on SlideShare. I will break down the forty-slide presentation into a series of four posts over the next few weeks.
The four topics that will be covered are:
1. The growing importance of regional differences in the Chinese marketplace
2. The accelerating demand for premium products
3. [...]
Bad Taste, Great Results - TongRenTang Traditional Chinese Medicine
“Whatever you do, do not add more than a little bit of water,†my Chinese friend told me while we were out to lunch last week. She had just handed me a packet of a type of traditional Chinese medicine called 感冒清çƒé¢—ç²’ ganmao qingre keli. I had been feeling a little under the weather recently, [...]
Job Shortages in China guardian.co.uk
Guardian Special Report at Beijing Job Fair - Thanks to All Roads Lead to China
http://www.youtube.com/watch?v=7V4yGmhOecI
When Will Mobile Internet In China Be Widespread? (PART II)
An inside observer’s thoughts on China’s mobile development
After I wrote Tuesday’s post that compared the state of China’s and Japan’s mobile markets, I wanted to find an inside observer who could provide readers of The China Observer with a deeper look into these two mobile markets.
I asked Benjamin Joffe, CEO of +8*| Plus Eight Star, [...]
Q+A: China on cusp of 3G and billions in spending
Reuters/January 5, 2008
China last week approved long-awaited licenses for next generation (3G) mobile networks, whetting investor appetites with the promise of major new orders for equipment makers and revenue for network operators.
The new licenses will see dominant player China Mobile (0941.HK) forced to build and operate a 3G network based on a home-grown experimental technology, [...]
