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Real estate Crisis in China China has two types of dangerous borrowers. While the first type has assets that look good, it is not clear how much debt they have hidden. Think Evergrande. They have the political connections to help the second type bail out the first. However, they are in huge debt and don’t…
How to sell antiquities to Chinese People? What is the market Size? How can I do this with a limited budget? The global auction sales of Chinese antiques and art totaled $5.7 Billion in 2019. This is a 10% drop from the previous and the lowest level since 2010. source The 8th annual Global Chinese…
Tourists from China are traveling all over the world, and it is no surprise that Europe is one of their favorite destinations. For example, in France alone they spend more than $4 billion every year on tourism-related activities, so do not be surprised if you see a bunch of Asians posing for photos with Notre…
We help Tourism players, Tour operators, and hospitality companies to enter Fliggy and develop their Business on Fliggy (ex Alitrip). Chinese Hotels, Travel Agencies, or Airlines all have heard of Fliggy, formerly Alitrip may want to take note of it as soon as possible. Fliggy is an online travel agent platform owned by Alibaba, a…
Following China’s economic development, many buildings and skyscrapers have emerged over the last decades and the country is leading the APAC region when it comes to the elevators & lifts market. The Chinese population has benefited from increasing wages as well as more purchasing power than before and is also growing older with 20.7% of…
With 8000 vintages, Georgia can claim to be the world’s cradle of viticulture. Georgia (the Eurasian nation, rather than the US state) is one of the world’s oldest winemaking countries. The key wine grapes favored in Georgia are the red grape variety Saperavi and the white grape Rkatsiteli. Opportunity for Georgian Wines in China The top three countries and…
Many people living in China at one point or another have dreamed about opening up their own restaurant, café, or some other sort of food and beverage establishment. In the past years creating your very own cooking programs has been very popular in China, moreover, with China being the largest food market in the world,…
Will economic relations between Italy and China rise in the next future? Many events happen in the last decade, demonstrating there are higher possibilities to give a positive answer to the question. The continuous investments in Italian companies by Chinese operators, together with the recent statement of China’s President Xi Jinping to commit the country…
Young generations are driving the growth of the microfinance market nowadays. While more and more companies are investing in the financial market, fighting to own at least a piece of such a lucrative market, the government, on one hand, is stimulating its development and, on the other hand, is trying to limit liabilities of Banks…
Chinese citizens, thanks to the outbreak of Covid-19 and the new awareness of the importance of the origin of protein sources, are moving towards vegetable substitutes for meat much faster than before the pandemic. This could also have consequences on a global level, given that China is the largest consumer of meat in the world,…
This year, China helped the European car sector by importing a huge amount of luxury and electrical vehicles. In fact, while China has become the worlds’ largest automotive market according to Statista, Europe’s automotive sector is suffering a decrease in 2020 due to the lowering of internal demand. Demand in China focuses on the electric…
Starbucks continues to expand its market share in China. By the end of last year, it has already reached 13,5 million active users in 4,600 stores all over the country and had opened many new stores even during the pandemic crisis. How is it possible? Starbucks keeps growing during the pandemic in China The well-known…
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