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The Henan bank in China fails to repay depositors
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The Henan bank in China fails to repay depositors

Despite assurances that depositors in China’s Henan villages will receive their frozen funds in installments, with the first payment due on July 15, only a handful of depositors have received payments, raising serious doubts as to whether banks have any funds left over. On July 10, over one thousand depositors gathered outside the Zhengzhou branch…

Mortgage boycott demonstrates the intensity of China’s property crisis
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Mortgage boycott demonstrates the intensity of China’s property crisis

It began as a protest by frustrated apartment buyers in a single project in a central Chinese city. Now, tens of thousands of people across the nation are withholding mortgage payments on unfinished homes purchased from developers, including China Evergrande Group. The wildcat boycott on loans worth up to two trillion yuan (US$296 billion) threatens…

Affluent Chinese families value Western education as they believe it builds independent thinking
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Affluent Chinese families value Western education as they believe it builds independent thinking

Sunday’s Bloomberg report by Kanoko Matsuyama stated that wealthy Chinese parents are sending their children to international schools in Japan to receive a Western education at a premium price. read more In December, international schools in China were compelled to adopt state-approved curriculums. The Communist Party’s ideologically driven desire to instill patriotism and curb disobedience…

What China’s ’45 degree life’ trend means for brands

What China’s ’45 degree life’ trend means for brands

A new trend in China shows that young people prioritize balance and well-being over the grueling work culture of the ‘996’. Movements in China that clash The new tang ping or “lying flat” movement (Tang Ping) has emerged among Chinese youth over the past year. It is a refusal to accept the country’s grueling “996”…

Chinese investors lose trust in China Real estate Market.
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Chinese investors lose trust in China Real estate Market.

Chinese investors are searching new investment opportunities with oversea real estate stable investments. China’s property developers began 2022 with low sales. Many real-estate firms struggled to rekindle home buyer interest despite goverement’s recent efforts to relax some restrictions. Chinese Developers Drop in Sales in January 2022 Despite Beijing’s recent efforts to relax restrictions, real-estate companies…

Western insurance in China
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Western insurance in China

To develop insurance and pension infrastructures while financing infrastructure projects outside its borders, China wants to tap into national savings. With Western-style expertise, the Chinese financial sector, which is now mainly focused on its local economy, wants to provide more complex services by moving closer to Western institutions. The bosses of Western insurance companies like…

5 Chinese marketing terms you need to know in 2020
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5 Chinese marketing terms you need to know in 2020

To understand marketing in China in 2020, you first need to have a good knowledge of these five terms that have become an integral part of Chinese marketing. They are not just passing fads, but lasting trends that reflect the changing preferences and habits of Chinese consumers. If you would like to know more, read…

How to target the HNWI in China?
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How to target the HNWI in China?

You want to target rich people in China, to sell your property, your financial service or luxury products…. This article is for you.   Focusing resources on the right people and places is a critical success factor in marketing. For brands looking to develop their high-value goods markets, reaching and impressing high-value people in China…