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PricewaterhouseCoopers Report: China Ripe For Online Retail “Explosion”
As one would expect, China features heavily in this new report on retail and consumer trends, with PricewaterhouseCoopers bullish about the country's nascent online marketplace and red-hot luxury market. Read MoreConfusion On Brand Origin Reigns Among Chinese Consumers
Not only are do widespread misunderstandings about product and brand origin abound in China, but brands that actually are foreign often ignore or misinterpret consumer demand. Read MoreArtTactic’s Chinese Contemporary Art Market Confidence Survey Shows Continued Strong Recovery
Over the past 18 months, the emergence of the mainland Chinese auction house as a strong regional force and the growing clout of new Chinese collectors has led ArtTactic to… Read MoreNew Study Sheds Light On Spending Habits Of Asia’s Middle Classes
Among other findings, the report by the Asian Development Bank forecasts that the spending power of middle class consumers in Asia will increase by eight times in the next 20… Read MoreChina Lags Behind South Korea In “Luxury Friendly” Survey
According to a new survey by McKinsey & Co., South Korea is the most "luxury friendly" country in the world, reflected by a low rate of social stigma and an… Read MoreFor Foreign Luxury Brands In China, Charity May Be Best Form Of Promotion
Corporate Social Responsibility (CSR) may be somewhat new to China, but in recent years there has been a groundswell in charitable giving not only by major corporations but also by… Read MoreLuxury Spending Puts HK, Beijing, Shanghai On Global Retail Top Ten List
A new study released this week by CB Richard Ellis sees three of China's marquee cities, Hong Kong, Beijing and Shanghai, among the world's top ten ranked by global retailer… Read MoreLuxury Hotels In Shanghai Score High (On Everything Except Food)
A new survey shows that luxury hotel guests in Shanghai are satisfied with the service provided by the city's four- and five-star hotels, but they want better food. Read MorePoll: 75% Of Chinese Business Travelers Plan More Trips In 2010
According to a new poll commissioned by Marriott Hotels & Resorts, not only are Chinese business travelers overwhelmingly planning to continue to travel even more in 2010, they're far more… Read MoreHow Can Luxury Brands Entice Mainland Shoppers To Buy Locally?
China's comparatively high luxury tax has been something of a double-edged sword for the government as the number of middle- and upper-middle-class urban Chinese with an appetite for luxury goods… Read More