RE: The Products Chinese Consumers Want

The Harvard Business Review blog is an excellent place to keep up on what’s new in the world of business without having to sit through the politics and economics that The Economist, Globe and Mail, and CNN Money make you sift through. The other day I stumbled upon The Products Chinese Consumers Want the other day and it is a fantastic explanation of how to continue the continued revenue growth of companies entering China. The gist of it is that most of the growth in China over the past decade has been from first time consumers, but now that is starting to dwindle in the major cities. Now you have to start focusing your attention on some of the lesser known and poorer cities that the Chinese government is targeting for growth such as Chengdu. Corporations now have to compete with many competitors now and convince Chinese consumers to trade up. There is still much room for growth, you just have to work for it. If you’re ever looking for some quick summaries of business information, I again must highly recommend the Harvard Business Review’s blog.                   

Regards,

Keanan 

 

 

 

 

 

 

 

 

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