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China Consumer

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New local cafe chain seeks to challenge Starbucks
Apr 27, 2018 (WiC 406)

Despite all the fanfare about the Chinese embracing lattes and skinny whites, most still don’t drink much coffee (if at all). A recent survey reveals the average consumption is only four cups of coffee a year, considerably less than their ...

The next Alibaba?

Why a Tencent-backed start-up has Jack Ma worried
Apr 13, 2018 (WiC 404)

Many of China’s proverbs concern money and one of the most famous of all relates to its corollary, haggling for a better price: 嫌货才是买货人. In English it translates as, “The people who bargain with you are the people who will ...

Size matters for China’s biggest soy sauce maker
Apr 6, 2018 (WiC 403)

Alongside salt, vinegar and sugar, soy sauce is one of the most important and heavily used seasonings in Chinese cuisine. While its precise origin is hard to pinpoint – some say it dates back to the Han Dynasty – historians believed that it ...

Follow the boss

Why a high-flying appliance maker has faltered on bourse
Mar 23, 2018 (WiC 402)

Its Chinese name is a derivation of the word boss (laoban). And for its entire eight-year history as a public company, Robam Electric has been the king of the kitchen appliances sector. Its founder, Ren Fujia, once likened his ...

All bark, no bite

Consumers are growing disinterested in China’s Consumer Rights Gala
Mar 23, 2018 (WiC 402)

Since 1985, Watchdog has been a regular fixture on the BBC’s programming schedule. The show is a champion of consumer rights, uncovering malfeasance in small and large companies and reporting their findings to the public. Whereas ...

Going into fashion

Can Fosun turn around French couture house?
Mar 9, 2018 (WiC 400)

In an interview with the Financial Times last weekend, London entrepreneur Robin Birley said that his main concern has little to do with the opening of a new private members club called Oswald he’s launching in the city. Instead he’s ...

Pets promise profits

China’s spending on dogs will soon exceed that of the US
Feb 15, 2018 (WiC 398)

Amy is going for a walk, Dengdeng is having his lunch, and Lele is playing with a ball. As you might have guessed, these characters are dogs, not people – but that doesn’t mean they aren’t on social media Smellme, a smartphone app for ...

Wanglaoji is brewing a cola-like herbal version
Feb 9, 2018 (WiC 397)

“A valuable Brain Tonic, and a cure for all nervous affections – sick headache, neuralgia, hysteria, melancholy” – that’s how the Atlanta pharmacist (or perhaps mixologist) John Stith Pemberton marketed his bubbly drink made of coca ...

Are unmanned stores the retail market’s future?
Jan 26, 2018 (WiC 395)

A little more than a year ago, Amazon announced with some fanfare that it would unveil a revolutionary unmanned grocery store. It envisaged customers walking in, grabbing the items they needed, and then leaving without waiting in a line or ...

M&S exits; Carrefour inks Tencent investment deal
Jan 26, 2018 (WiC 395)

“Here we are very confident… You don’t need to look much further than the queue [at these doors],” said Carl Leaver, then international director of Marks and Spencer, in 2008. He was commenting on the debut of the British retailer’s ...

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