Weekend Sound Bites: Industrial Style, Surrogate Mothers, and China's New Hollywood

Welcome to Jing Daily‘s Weekend Sound Bites: a rundown of what industry influencers were saying about the week’s top stories on the business of luxury and culture in China. New York's Four Seasons Hotel (Tom Phillips/Mercedes-Benz) —FRIDAY, 9/27 — “Chinese companies are starting to look at diversifying out of China and bringing intelligence and market experience from operating overseas back to the China market. It’s also about taking experience of the China market overseas to try to get the best of both worlds.” -James Macdonald, head of China research for Savills Plc, addressing the potential acquisition of luxury hotels by Chinese groups like Dalian Wanda. (Bloomberg) —THURSDAY, 9/26 — “The majority of Chinese consumers still prefer Western brands and products over local ones. With so many Chinese traveling abroad, if they go to New York’s Fifth Avenue, Paris, Milan and they see your store, it would help your sales and help brand recognition.” -Julie Sun, vice president for corporate strategy of Chinese coat company Bosideng, which is currently in the process of acquiring a major U.K. clothing chain in order to expand into European luxury markets. (Bloomberg) —WEDNESDAY, 9/25 — "It caught on maybe because people are tired of all the gloss and ostentation surrounding them." -Lyndon Neri, founding partner of design firm Neri & Hu, on the recent trend of austere industrial styles for high-end residential interiors in Hong Kong. (SCMP) — TUESDAY, 9/24 — "If you add in plane tickets and other expenses, for only $300,000, you get two children and the entire family can immigrate to the U.S." -An unnamed agent at a Shanghai-based firm offering to kill two birds with one stone by connecting American surrogate mothers to wealthy Chinese looking to gain U.S. citizenship while creating a family. (The Week) — MONDAY, 9/23 — “I’m not the director, but I think people are able to film what they want to film these days.” -Wang Jianlin, China's richest man and head of Dalian Wanda group, telling anything but the truth at a Western star-studded event thrown to announce plans for a Chinese film studio complex set to rival the biggest in Hollywood. (China Real Time)

Weekend Sound Bites: Industrial Style, Surrogate Mothers, and China's New Hollywood

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Published September 28, 2013

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Weekend Sound Bites: Industrial Style, Surrogate Mothers, and China's New Hollywood