jing archives
Consumption Standard For Chinese “New Nobility” Up 22% Over Last Year (Jing Archives)
From the archives: According to the Hurun Report, a member of the new nobility should own three houses, an impressive art collection (probably of Chinese contemporary and traditional art), and spend around $1 million per year on luxury goods. Read MoreHow Can American Wine Compete In China? (Jing Archives)
From the archives: With the wine market in China already crowded, and consumer education still lagging behind interest, what's the best method of attack for new world wineries? Read MoreWomen The Driving Force In Chengdu’s Luxury Market (Jing Archives)
From the archives: The rising spending power of wealthier women has convinced many in the Chinese luxury industry that "the future is female." If this is the case, the future has already come to Chengdu. Read MoreJing Archives: China’s “8 Most Overrated” Brands
From the archives: In addition to the "Top 8 brands that are overrated by Chinese people," a new Hexun article includes an interesting checklist of what the author feels constitutes a "true" luxury brand. Read MoreHedging Their Bets: What China’s Millionaires Are Buying (Jing Archives)
From the archives: It’s no surprise that companies are bending over backwards to find out what drives the estimated 825,000 people worth over 10 million RMB (US$1.46 million) and 51,000 individuals worth over 100 million RMB (US$14.64) to make purchases. Read MoreJing Archives: Shanghai #1 In Online Shopping
This summer, a Shanghai official announced that the city's residents were China's top online spenders, beating out shoppers in Beijing, Shenzhen and Hangzhou. Read More