China Consumer « Week In China

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China Consumer

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Flagging energy drink maker Jianlibao revives two-decades-old IPO plan
Jun 22, 2018 (WiC 414)

One of the more poignant scenes in Zhang Yimou’s Not One Less, a movie that depicts rural poverty in 1990s China, is a portrayal of 26 children sharing two cans of Coca-Cola between them. But for Li Jingwei, founder of energy drink company ...

A bakery chain battles an ‘impostor’ over the use of its brand
Jun 22, 2018 (WiC 414)

A bun stuffed with mayonnaise and heaped with pork floss may not sound like much of a delicacy, and much less a dish that became an internet sensation. But one such bun has sparked an online frenzy and a flurry of lawsuits between two bakery ...

Unicorn status for luxury e-commerce platform
Jun 15, 2018 (WiC 413)

It is almost impossible to separate the Quotations from Chairman Mao from China’s Cultural Revolution, a period when revolt against bourgeois behaviour was taken to the extreme. Printed in 1964, the slim volume of aphorisms – also ...

Sichuan hotpot king Haidilao taps IPO market for expansion cash
Jun 1, 2018 (WiC 411)

Impeccable service is expected in first-class travel and at plush restaurants such as Eleven Madison Park in New York or Holborn Dining Rooms in London, which routinely research their guests on Google before their arrival. But a Chinese hotpot ...

Teething trouble for the next generation of shops
May 25, 2018 (WiC 410)

The biggest myth about China’s new unmanned stores is that they don’t require any people to operate. Take a recent case from Tianjin, where personnel from two ‘automated retail’ companies were fighting over a space in a local ...

Famed food firm from Sichuan is in acquisition mode
May 11, 2018 (WiC 408)

According to China Daily, Chongqing Fuling Zhacai ranks as “one of the world’s three most famous pickled dishes”, with the other two being sauerkraut and pickled cucumber. Although that might be true, most of Fuling Zhacai’s fans are ...

Suntory sues rival in Beijing over copycat packaging
May 11, 2018 (WiC 408)

Coca-Cola announced plans in March to release its first-ever alcoholic drink, doing so in Japan – a country where alcopops (known as chu-hi in Japanese) are very popular. With lower alcohol content and sugary flavour, chu-hi ...

Why South Korean cosmetics are out of fashion
May 4, 2018 (WiC 407)

When China and South Korea announced in November that they had agreed to move beyond a year-long stand-off over the latter’s installation of the US THAAD missile defence system, most Korean companies, especially cosmetic brands, let out a sigh ...

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 ...

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 ...

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