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China Economics Trend Watching

Living in China: Cost of living hurts Shanghai’s ranking

Soaring living costs and high housing prices are negatively affecting how Shanghai residents feel about their quality of life, according to a nationwide economic survey released recently […]

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China Trend Watching

Living in China: southern city drafts ‘Good Samaritan’ law

Shenzhen, a city in southern China, is considering passing a law to protect people who help strangers from being sued, after a case in which an injured toddler was ignored by 18 passers-by, a report said recently […]

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China Trend Watching

Living in China: Major cities suffering months of hazy days

Shanghai and Beijing are among a number of major Chinese cities which experienced “hazy” days for up to half of last year […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Chinese billionaires are booming

People of Chinese origin have become the second largest group of billionaires behind the United States, Forbes China said recently […]

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China Economics Information Technology Innovation Software Trend Watching

Information Technology in China: Shanghai to set up a fund for cloud computing

Shanghai plans to establish a government fund to support the development of cloud computing, officials said during a forum recently […]

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China Consumer Behavior Economics Trend Watching

Living in China: property bubble in major cities growing larger

The property bubble in Beijing, Shanghai and Shenzhen is growing larger, with the bubble index in Beijing exceeding that in Shanghai, according to statistics released by Midland Reality recently […]

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China Design Innovation Readings Trend Watching

Design in China: A “Chinese iPad” arrived before Apple’s iPad?

While Apple iPad tablet has just been unveiled in the U.S., a product of similar appearance strangely there for six months now on the Chinese market.The resemblance has prompted local websites, including Shanzhai.com, technology blog dedicated to Chinese copies, with irony on the turn made by domestic manufacturers now able to clone a product before it has been revealed.Its manufacturer is surprised: “Why Apple did the same thing as us?” […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Beijing tops the Chinese Nouveau Riche list

Recently the Hurun Research Institute published the 2009 Chinese Nouveau Riche Consumption Standard Report on the new rich in six cities: Beijing, Shanghai, Hangzhou, Shenzhen, Chengdu, and Shenyang; and the winner is: […]

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China Consumer Behavior

China, Socialism & Consumer Behavior: More rich by 2015

The global economic recession is forcing the rich in China to scale down their spending on luxury goods, but it cannot hold back the rapid growth of wealthy households, according to a report released recently by global management consultancy McKinsey & Company. China is expected to be the world’s fourth largest country with wealthy households by 2015, after the US, Japan and the UK. The nation is expected to have more than 4 million wealthy households by then, the report said […]

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China

Chinese People and Their Mobile Phones: Over 117 Million Mobile Internet Users in China

China Internet Network Information Center (CNNIC) recently released two reports on China’s mobile Internet, according to the reports, by the end of 2008, there were already over 640 million mobile phone users in China, and the number of users who access the Internet via mobile phone already exceeded 117.6 million, according to the Research Report on Behavior of Internet Access via Mobile Phone released by the China Internet Network Information Center (CNNIC) on February 18 in Beijing…