Beijing is the most expensive city on the Chinese mainland for expatriates, ranking the 20th highest in the world for costs of living, according to an annual report released by Mercer, a US-based consulting company […]
Category: Economics
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Demand for art, watches, rare wines, vintage cars and other offbeat investments expanded in 2010 as the world’s super-rich rebounded from the financial crisis, according the latest World Wealth Report […]
Spending by Chinese travelers nearly doubled from 2010 due to the growing number of affluent shoppers and the yuan’s appreciation, Hurun Report said recently […]
Customers want to feel what they buy is authentic, but Mass Customization author Joseph Pine says selling authenticity is tough because, well, there’s no such thing. He talks about a few experiences that may be artificial but make millions anyway […]
Just a couple days after Chinese Ministry of Commerce declared that China’s piracy problem is not “extremely serious”, the European Commission reported that European customs intercepted one billion euros worth of counterfeit goods last year, with 85 percent of the fakes originating from China […]
China said recently its crackdown on pirated goods has made great strides, a claim borne out by government statistics but not necessarily by a trip to one of Beijing’s many shops where pirated software, movies and clothes are readily available […]
John Gerzema says there’s an upside to the recent financial crisis — the opportunity for positive change. Speaking at TEDxKC, he identifies four major cultural shifts driving new consumer behavior and shows how businesses are evolving to connect with thoughtful spending […]
Prominent luxury brands are scrambling to get a slice of the competitive Chinese market. The 2011 Tianjin International Luxury Exhibition was held recently, right after the World Luxury Association WLA released its 2011 annual official report recently in Beijing […]
Tokyo is still the world’s most expensive city to live in and Oslo and Osaka still make the top five, but the Worldwide Cost of Living 2011 survey just released from the Economist Intelligence Unit also revealed some dramatic changes in the last year […]
Autodesk’s Jeff Kowalski on how manufacturing will change in five years […]