Consulting in China

Chinese Art Market. Each year, an increasing number of Chinese interact with the art world. China leads the Asian arts market and plays a major role on the international art scene. Foreign companies like Christie’s and Sotheby’s are making slow progress in China due to regulatory red tape, while several domestic auctions companies show strong […]

1. China’s $8.5 Trillion Shadow Bank Industry Is Back in Full Swing China’s shadow banking is back in full swing, an unintended side effect of the government’s campaign against financial leverage, which has curbed traditional lending and squeezed bond financing. The most popular forms of shadow banking, according to PBOC data, are so-called entrusted loan agreements and […]

It’s well known, that Airbnb’s naming faux pas attracted a lot of attention among the Chinese, it again becomes clear that China is a special market to enter. Airbnb, choosing the Chinese name “Aibiying” 爱彼迎 (translated as “welcome each other with love”), received a lot of complaints on Chinese social media platforms and even suggestions […]

The 4S stores (sale, spare parts, service, and survey) that comprise the sole channel of automotive distribution in China face serious challenges to business. According to Shawn Lou, project manager at Daxue Consulting, low profit hurts Chinese auto retailers, even causing them to reassess their operating model. This trend is mainly due to the lack of […]

If you see something in your WeChat moments like this: You can click it and see what your friends are doing in their live stream! In 2016, the Chinese live stream industry aggressively grew. One in every 1000 people is expected to be a live streamer, many of whom are young students and singers.  It’s […]

VR is Expected to Restructure Industries in China The global popularity of VR rapidly grew in 2014. Now in 2017, after two years of investments and exploration, virtual reality is growing into more and more industries, changing the traditional value chain, and revolutionizing the customer’s’ experience. In the automotive sector, VR has multiple impacts on […]

With the French elections 2017 coming up, China is watching closely. The Middle Kingdom is one of the only countries who successfully predicted Trump to win in the US. Will the second round results on May 7th, 2017 contradict Chinese people’s opinions? During the race for the White House in 2016, Chinese people saw their […]

Chinese herbal expert Tu Youyou’s (屠呦呦) receiving of the Nobel Prize in Physiology or Medicine in 2015 for her innovation in malaria therapy triggered a surge in popular support for Traditional Chinese Medicine (TCM). While sales of food supplements (considered healthcare products) have exceeded TCM products in volume since 2010, the fast-growing industry must face […]

The new KFC’s campaign falls flat but might disrupt the avocado industry in China Chinese netizens began to regard the avocado as “the middle-class fruit” (“中产阶级的水果”) for its expensive price tag and acquired taste. “For now, avocados are quite popular in first-tier cities mostly. But the market is developing thanks to the westernization of the […]