Author: Fllyingfish

China's luxury spending to boost domestic sales: Fitch [Copy link] 中文

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Post time 2017-2-8 18:10:48 |Display all floors
seneca Post time: 2017-2-7 00:46
International businesses are well advised to becautious when entering the Mainland Chinese market. T ...

The trend of consumption in China has already changed fundamentally these years. New generation with new consumption attitude dominates the market. So in my opinion, it is now not a market with buyers who only care about the price.
The other thing that the international businesses should be cautious is that many Chinese companies are catching up and some will surpass the foreign brands sooner or later.

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Post time 2017-2-8 18:16:42 |Display all floors
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Post time 2017-2-8 18:20:40 |Display all floors
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Post time 2017-2-8 21:22:29 |Display all floors
Fllyingfish Post time: 2017-2-8 04:47
Opinion agreed.
But why you think China is capitalist?

Because it has billionaires, a stock market, private enterprise, a rich minority, a poor majority, insufficient social services. All VERY OBVIOUS!
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