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Paul FrenchPublishing & Marketing DirectorAccess Asia China What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Why The Urban Chinese Need to Pay More For Their Food

March 26, 2007

China PBOC's Zhou not worried about current inflation | www.forbes.com

 

Inflation worries have translated into consumer worries in China

But they need not worry in terms of non-food sales

And it is an urban issue not a rural one where most people live

Paul FrenchPublishing & Marketing DirectorAccess Asia China What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Hep-B - It was only a matter of time before a foreign company got caught

March 26, 2007

Nokia China in lawsuit over Hepatitis B carrier | www.msnbc.msn.com

 

So far cases of discrimination over HBV have been mainly made against Chinese companies

The Beijing government last year decided to outlaw anti HBV carrier discrimination

The Nokia case indicates a lack of control by the Chinese entity over its subsidiary factories

Paul FrenchPublishing & Marketing DirectorAccess Asia China What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

China's Companies Get A New Tax Incentive For Making Social/Charitable Donations

March 26, 2007

New tax law helps charity | english.people.com.cn

 

China’s Communist leaders want to see more of the wealth generated by both public and private enterprise being invested into charitable and social “good deeds”,

92.5% of Chinese firms made donations in cash last year – this is now set to increase

Although it remains to be seen how much of a direct effect the new tax breaks to corporate philanthropy will have.

Paul FrenchPublishing & Marketing DirectorAccess Asia China What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

The Chinese - A Nation of Savers, Or a Nation of Self-Taxers

March 26, 2007

Personal savings tax a big burden | www.chinadaily.com.cn

 

An average of about 18% to 19% of consumer incomes in China are placed into savings accounts, making Chinese savings rates among the highest in the world;

The significance of this is that there is a considerable amount of average salaries in China that is not being spent at retail outlets;

This also means that purchase of education and healthcare services has a discretionary element.

Paul FrenchPublishing & Marketing DirectorAccess Asia China What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

More Stores Should Boost Sales for Yue YuenMore Stores Should Boost Sales for Yue Yuen

March 9, 2007

Yue Yuan to double Mainland outlets | www.stuff.co.nz

Yue Yuen is showing how a Chinese manufacturer can become a brand and a retailer;

Domestic brands are closing the gap on the brand giants such as Nike and Adidas in China;

There is still a lot of possible potential for increased sales in China for all footwear brands.

Paul FrenchPublishing & Marketing DirectorAccess Asia China What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Another Round of Price Wars in China’s Auto Market

March 9, 2007

Price war revs as GM offers discount | www.chinadaily.com.cn

 

Off-season price slashing has begun and has been started by GM rather than one of the local manufacturers;

This raises questions on what manufacturers are doing to slash production costs and maintain margins;

At the same time the scramble at the high end continues.

Paul FrenchPublishing & Marketing DirectorAccess Asia China What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

In China C&A Isn’t Zara

March 5, 2007

C&A opens four new fashion stores in Shanghai | www.fibre2fashion.com

 

Fashion retailer C&A is coming to China but may find the going tough;

The truth is that Zara’s success indicates the middle mass market is opening up but only to the right retailers;

The driving force of the middle mass market now in China’s cities is a repeat of what was seen in Japan and Korea earlier, a burgeoning Office Lady (OL) market.

Paul FrenchPublishing & Marketing DirectorAccess Asia China What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Home Depot in China - Will it be worth the Wait?

December 14, 2006

Home Depot to acquire home improvement retailer in China | www.usatoday.com

After three years of looking at the market Home Depot are finally planning to open in China;

The focus will increasingly be on soft furnishings in China as property transactions slow

Key to success will be the right product offering in the locations they choose to open in

Paul FrenchPublishing & Marketing DirectorAccess Asia China What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

China Beer - it's still all about margins

December 7, 2006

SABMiller sees Snow beer on the rise in China | asia.news.yahoo.com

Margins remain tight in China's drinks market despite rising sales.

Competition & costs continue to take their toll on profits.

The continued shake-up in the drinks industry in China is driven increasingly by these tight margins.

 

Paul FrenchPublishing & Marketing DirectorAccess Asia China What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

The competitions Getting Tough in China's Middle Market

November 20, 2006

Fast Retailing To Set Up Clothing Unit In Shanghai | www.kamcity.com

Uniqlo will have to respond to the Zara Effect in China

Zara is proving that the office ladies are the middle segment of the fashion business in Shanghai

At the same time the lower end retail chains are seeing sales collapse

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