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March
Week 11, 2008
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Dear Zinester,
Here is this
week’s edition, covering:
- Luxury Brands in China: Part III
- Inside Chinese Business–Book Review
- We all go down together: lianzuo (collective responsibility) in China
- Top50 Service Outsourcing Providers in China Unveiled
We hope you will enjoy reading this
edition.
Have a nice weekend!
All of us at China Success Stories
PS There is another Q & A in this
newsletter. Make sure to have a look if you know the answer to this
question, or if you have a question yourself don’t hesitate to
respond!
Chinese Expert Guest Blog
Luxury Brands in China: Part III
 For certain luxury brands, China has already outstripped both Japan and
Hong Kong as the largest single market in Asia Pacific. (37) But the
growing presence of luxury brands in China is bringing with it greater
competition. The country’s busiest streets, such as Nanjing Road in
Shanghai, are witnessing fierce competition among the world’s luxury
brands. While some have warned that the China market is becoming saturated,
(38) for the time being the environment is still a positive one for
potential entrants.
• Marketing
As most Chinese consumers have low levels of brand awareness, they also
have low levels of brand loyalty. However this also means that sales staff
can be an extremely powerful tool –with the ability to not only
inform consumers of the benefits of their brand, but sway them towards
making a purchase. Luxury brands are investing large sums of money in heavy
marketing to not just promote their brand and products but also to inform
Chinese consumers about “luxury” and why they should pay a
premium for products offered by luxury brands.
Read the rest or post a comment >>
Q & A
Travel Agency in Shanghai
Dear Experts, Being from an EU Country, which are the different steps I
have to take to open a Travel Agency in Shanghai? I would like to bring
Chinese tourist to Europe.
Answer this question >>
Chinese Expert Guest Blog
Inside Chinese Business–Book Review
 Every now and again the real truth comes
out. Once while I was in grad school (at the now infamous NIU) writing my
thesis on Thai/Chinese Corporate Culture my thesis advisor broke her
academic façade and turned to me and said, “It’s all
just B.S. isn’t it? I mean, it’s all just bribery, no matter
what we call it, right?” She then went back into her academic mode
and continued talking about “gift giving” and we never talked
about “bribery” again.
Now, without betraying my Anthropological roots, I have to say
this: the truth is that business in China is just like business anywhere
else. Yes there are some things about the system that make it different
from anywhere else too, but those traits are not, I don’t think,
non-existent in other business cultures.
Read the rest or post a comment
>>
Facts & Figures
Sculptures
You never know when these statistics might prove
to be of value to you. So without further ado, here's our weekly top
10.
Top 10 Highest Sculptures
| |
Sculpture |
Place |
Height (m) |
| 1 |
Spring Temple
Buddha |
Lushan, Henan,
China |
128 m |
| 2 |
Laykyun Setkyar standing Buddha |
Khatakan Taung village, Monywa district,
Burma |
116 m |
| 3 |
Ushiku Daibutsu |
Ushiku, Ibaraki Prefecture,
Japan |
110 m |
| 4 |
Nanshan Haishang
Guanyin |
Sanya, Hainan,
China |
108 m
|
| 5 |
Emperors Yan and
Huang |
Zhengzhou, Henan,
China |
106 m |
| 6 |
Sendai Daikannon |
Sendai, Miyagi Prefecture, Japan |
100 m |
| 7 |
Peter the Great Statue |
Moscow, Russia |
96 m |
| 8 |
Grand Buddha at Ling
Shan |
Wuxi, Jiangsu Province,
China |
88 m |
| 9 |
Dai Kannon of Kita no Miyako
park |
Ashibetsu, Hokkaidō, Japan |
88 m |
| 10 |
Rodina-Mat' Zovyot! |
Mamayev Kurgan; Volgograd,
Russia |
85 m |
(Source: Wikipedia.org)
Chinese Expert Guest Blog
We all go down together: lianzuo (collective
responsibility) in China
 Imagine doing jail time — or worse — just because you were
related to the offending party.
If you want to understand just how far collectivism goes in China, look no
further than lianzuo — or collective responsibility. Throughout
China’s 2,000-year feudal history — from at least 7th-century
BC all the way to the turn of the 20th century — people were guilty
by association. That is, if you were a blood relative or close business
associate of the guilty, you would be taking a fall along with them. This
China Daily article refers to it as families that hang together — and
we don’t mean “hanging out” in the modern sense,
either.
The interesting thing is, group responsibility still has a hold on Chinese
culture today — even if it is considered a little unfair.
Read the rest or post a comment >>
Q & A
Chinese fiber glass material
company
I would like to know if you can find me a company in China that deals with
fibre glass kind of material, I want to share a business idea with that
company. Thank You.
Answer this question >>
Chinese Expert Guest Blog
Top50 Service Outsourcing Providers in China
Unveiled
 Following the great global transfer of manufacturing started in seventies
of last century, the global transfer of the service industry has taken the
first place as a new tide. And offshore outsourcing, as the keystone of the
new-round global integration, brought Chinese companies both opportunities
and challenges.
2007 Top 50 Service Outsourcing Providers in China by Chinasourcing is the
first company list in China that faces the whole service outsourcing
industry aiming at present the best Chinese outsourcing companies to the
global outsourcing market so as to strengthen their international
competence and get more business opportunities in the offshore outsourcing
market.
Read the rest or post a comment >>
Comments
Andrew in reply to Chinese cement manufacturers
Please get in touch with me at andrew.iqpc at gmail.com. I have a couple of
suggestions depending on the nature of the project, so it is important to
get more details from you.
Marvin R R Cole in reply to Chinese cement manufacturers
There are a number of ways that such a deal can be arranged. Our firm
specializes in raising capital for emerging markets companies.
Shaukat M. Khan in reply to Chinese cement manufacturers
I know an investment company in Dubai, UAE which may be interested in
funding this project as equity partner. Do they have any feasibility made
on this proposal? Regards. Shaukat
Yimin Ge in reply to Chinese cement manufacturers
Thanks for the replies guys. The company has gotten all the necessary
approvals from various government agencies and welcomes on-site due
diligence. The company is also …
Brian Su in reply to Is Sourcing in China Safe?
Sourcing from China is safe and sound if Western companies are not
over-greedy for profits. They squeeze every single penny off Chinese plants
and compromise quality control …
Benjamin in reply to Doing business in China | Chinese Social and Business Culture
Sorry, but this sounds more like from a “Chinese Etiquette”
book than from real experience. If I have learned anything in my time here
is that Chinese are very relaxed and …
Justin You in reply to Top50 Service Outsourcing Providers in China Unveiled
What happened to Neusoft? Why it is not among top 50 outsourcing providers
in China?
Lydia Zhou in reply to Luxury Brands in China
Dear Jonathan, You can refer to InterChina Consulting Company for
information. We are a leading boutique management consulting company for
helping clients doing business in China.
Benjamin in reply to What the Chinese Want You to Know about Networking
Excellent post Alex.
D.B. Shabalala in reply to China is expanding its global economic Empire
Thank you so much for updating me with China’s Business News, it
helps me to know more about this big country. I would like to know if you
can find me a company in China that deals …
Benjamin in reply to Ask Colin Friedman for China Expert advice
Dear Colin, Very good article, but I must agree with Heysu about your
comment concerning the disposable income. The last I read was that the
Chinese savings rate was the highest in …
Paul Tittmann in reply to Luxury Brands in China: Part III
What do you see as effective online marketing and sales strategies for
luxury brands, either B2C or B2B?
Anders in reply to Inside Chinese Business–Book Review
Good article. Many so called consultants are always trying to give an
impression that doing business in China is a “mystery” because
of the culture, history, language or …
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