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Introduction: Art Basel and UBS Global Art Market Report found that China accounted for 21% of the US$63 billion in global art sales last year in a market dominated by the world’s super-rich. Indeed, Asia’s market share is expected to increase as its wealth increases The first fair in Shanghai attracted more than 60,000 spectators….
Introduction: The growing number of Chinese tourists has been revitalizing global tourism for several years. China is the largest country in the world by population with about 1.3 billion inhabitants and the fourth largest by its area (9,857,348 square km). China is now the fastest-growing tourism market in the world. The country’s economic growth now…
China is changing so fast, and the factory of the world is becoming more and more advanced. For those familiar with China’s last 15-20 manufacturing years, the change that is happening does not surprise them. This change occurs on several levels, and in some cases occurs at breakneck speed. Indeed, when the Chinese government wants…
Niche brands (corresponding to highly diversified products or services) are about to take a leading position in the beauty market in China according to a report by Reuter. The study, The New Face of Beauty in China, found that Chinese cosmetics consumers are moving away from major beauty brands to newcomers and organic products. Data…
All-inclusive tour operator Club Med has opened its second ski hotel in China, in the resort of Beidahu in Jilin province, northeast of Beijing. Beidahu has a drop of more than 800m – the highest vertical operating in the country – and its 13 runs, which reach up to 1,357m, are best suited to beginners…
Concierges, VIP club, Business Club are very popular in China among Rich Chinese. Why? Considering that China‘s rise as a global power is unstoppable, concierge clubs have a unique opportunity to earn robust returns. Concierge companies are lifestyle clubs that manage their customers’ private errands and respond to the most exclusive demands. These clubs appeared…
The lack of a convincing global brand DNA and relevant positioning is now an obstacle for many Western brands to succeed in China. The example of Carrefour in China The French retail group recently announced that it was selling 80% of its stake in its China operations. Many companies have been following these changes closely….
This article will introduce the booming market of Pet Food in China, trends and distribution for Foreign Business I) The Petfood Forum China The seventh Petfood Forum China attracted pet food professionals from China and Southeast Asia as well as other parts of the world. At this forum were attended 130 pet food professionals from…
(New) little Red Book, the most popular App in China, just releases a new function live streaming linked to e-Commerce About Xiaohongshu (RED) Xiaohongshu, also called RED is a social network and e-commerce platform. On Xiaohongshu, users can share their experiences in different fields such as travel, makeup, gastronomy, lifestyle, etc. In the publication, users…
This article will introduce the top 3 APP used by rich Chinese People. In the digital age, accelerated Chinese HNWi (HNWI: These are High net worth individuals: millionaires with a fortune of more than a million dollars) need more comfort and silence. more information on this report Today, in modern society, very few people live…
If a company chooses a wait-and-see approach instead of leading the charge in new technologies, then they have already lost. Many brands still don’t understand this… Nowadays, many companies and brands believe that some luxury products cannot be bought online. As a result, they choose not to be present on the Internet. However, the fact…
The Chinese international traveler is still “a sleeping giant.” Discover The future of Chinese tourism abroad, and the secret to luring these types of clients. Despite massive growth over the past five years, the country is on the verge of tripling its number of long-haul travelers looking to discover the world over the next decade….
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