Effect of Anti-Japanese Sentiment on Inland Buyers

Published on Author

Disputes over some islands in the Pacific between Japan and China have affected sales of Japanese automobiles in China. Rioting, anger, and violence toward the Japanese has prompted some Chinese to react hostilely toward Japanese cars and their owners, in some cases, leaving the owners severely injured. Anti-Japanese sentiment coupled with fear of violence and… Continue reading Effect of Anti-Japanese Sentiment on Inland Buyers

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Chinese Consumer Drives Demand for Luxury Autos

Published on Author fishman

The growth in Chinese demand for luxury goods is a testament to the strides China has made developmentally over the past few decades. Now containing the most millionaires in the world, the purchasing power of the Chinese Consumer will continue to be a driving economic force. Highlighted in August’s luxury, German car data, it is… Continue reading Chinese Consumer Drives Demand for Luxury Autos

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Impending Credit Bubble?

Published on Author sowinski

There is some concern that China is in a credit bubble. Since the financial crisis, debt owed by Chinese individuals, corporations and governments has increased dramatically. Earlier this year, Fitch downgraded ratings of China’s sovereign debt. China’s debt-to-GDP ratio of almost 200% is now higher than the 176% figure Japan reached in 1990 before the country’s… Continue reading Impending Credit Bubble?

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China’s export growth exceeds August expectations

Published on Author ottman

China’s recent economic slump may be nearing its end.  This past August, China’s industrial output, manufacturing, and exports all exceeded their expected growth.  After suffering two disappointing quarters, this is good news for the Chinese economy.  Shipments of exports rose 7.2% in August, though it was only predicted to rise 5.5%.  This news came just… Continue reading China’s export growth exceeds August expectations

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Ikea Learns Chinese Consumer Customs

Published on Author dickey

Although Ikea has provided a home furnishing and bedding market in China for fifteen years, the home superstore just recently developed a greater understanding of the Chinese marketplace. While Ikea is a Swedish/Dutch based company, the store is widely known all over the world for their reasonably priced home goods. Especially considering China’s obsession with… Continue reading Ikea Learns Chinese Consumer Customs

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Fighting Corruption

Published on Author reilly

Under the new President Xi Jinping; a wave of reform against corruption within China’s government has occurred. Jiang Jiemin, the minister of state-owned enterprises was charged with “serious violations of discipline” or corruption. Mr. Jiang along with several officials in the state-run oil industry have been charged as well.

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Comparing standards of living

Published on Author Mike

How do we compare standards of living? We’ll discuss PPP measures and other formal means. We would like however to be comfortable that the results of our formal measures “make sense.” …47% pre-diabetic reflects prosperity, not poverty and not aging… As we’ll see, older Chinese remember hunger; younger Chinese may well know of aunts and… Continue reading Comparing standards of living