Tag Archives: chief executive officer

China, Socialism & Consumer Behavior: luxury buying power emerging trend

China's emerging middle-class buyers were set to generate significant spending power in coming years as more people wanted to buy "affordable luxuries," according to marketing advisers in Hong Kong. The trend would be seen in not only first-tier cities like Shanghai and Beijing, but also their satellite towns and second-tier cities, the advisers told a recent business forum [...]
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Living in China: Hong Kong employees work 48.8 hours per week

Hong Kong full-time employees work an average of 48.8 hours every week, 22 percent more than the work time recommended by the International Labor Organization (ILO) , a survey released recently has found. The survey, commissioned by non-profit organization Community Business by random phone interviews in July/2008 with 1,011 full-time employees, also found that one third of the respondents said they would consider leaving their current job for a better work-life balance.
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Internet in China: Google banks on Chinese market

Google expects its position as the world's most popular online search site and sales from fast-growing Asian markets, including China, to help the company weather any United States recession. 'One of the very good sources for Google is the very rapid growth in Asia,' said Eric Schmidt, chief executive officer of Google, which gets almost all its revenue from advertising next to search results. Historically, people tend to shift their money to the most 'highly measured' advertiser when there are 'economic difficulties,' he said recent at a briefing in Beijing [...]
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