samedi 8 décembre 2018

Why Huawei is being targeted by Trump ?


Why Huawei is being targeted by Trump ?




Huawei's chief financial officer was arrested in Canada at the request of the United States. This has been called the jewel of the industry.



Meng Wanzhou, chief financial officer of Huawei, arrested in Canada and the United States wishes his extradition. This comes as economic tensions between the U-S and China seem to cool - at least a little.

Mr Trump and The Chinese Xi Jinping had talks on the sidelines of the G20 summit. Washington agrees not to raise tariffs from January 1st. Meng was arrested the same day that the two leaders met.

US National Security Advisor John Bolton said it was a matter of law enforcement. Could Meng's arrest aggravate the US-China trade war?







mercredi 5 décembre 2018

What you should know about the Ecommerce in China?

If you want to sell your products in China, e-commerce remains a very effective solution. Different choices are available to you. The first solution is to create a site of your brand in Mandarin that is referenced on Baidu. The other option is to sell your products via Chinese e-commerce platforms. You have to choose between the two giants: Tmall or JD.com.


The e-commerce market in China

 

The e-commerce market in China has surpassed that of the United States a long time ago. The broad economic development of China has undergone many changes in China's cities. Their inhabitants saw their purchasing power increase, which also influenced their consumption habits. Since the country has become more and more modern, the lives of the Chinese have become highly digitized. They have increasingly turned to e-commerce to make their purchases. In addition, delivery services are very fast. The choice and the prices are also more interesting. It is a great way for the Chinese to shop efficiently without wasting time in the store. Their schedule is too busy for that! They are also addicted to their smartphones. They spend a lot of time on their apps and would like to check the authenticity of a product on the internet before they buy it.

The Chinese Consumption Behaviors 



The consumption pattern of the Chinese has changed completely in recent years, they are more aware of the quality of what they acquire as a product, whether they have offline (store) or online (e-commerce platforms), with strong growth of online purchases that reach the 390 billion of expenses in a year! The Chinese are more and more connected and do not hesitate to fill their baskets "blinds" online, it is estimated that these expenditures will increase to $ 950 billion in 2018. One of the most obvious reasons is the increase in the average salary of the Chinese, of course, the purchasing power increases, the purchases are made more and more via virtual blinds, the Chinese consume more: what increases the Chinese e-commerce market enormously.

dimanche 2 décembre 2018

The future of China's sports goods industry

The wholesale of sports goods in China includes sportswear, sports shoes, sports balls, sports equipment, fitness equipment, protective gear and other sports equipment.





China has increased annual sales to $ 30.6 billion in 2017, with annual growth of 9.8%. The Chinese government is taking care of the world and it will be ambitious - by 2020, the industry's revenues should amount to 3 trillion RMB (US $ 460 billion). But the efforts and support of the government are not the only drivers of this market. The passion for sports, more and more athletes and higher income will further stimulate the market.

Chinese millennia aged 18 to 35 (around 380 million people) are the most promising consumers, while retirees (men over 55 and women over 50) and children aged 5 to 18 constitute the public with the use of sports equipment. Chinese consumers still prefer foreign brands, but they expect a lot from the unique features and functionality of the products. Industry experts are optimistic about the future of China's sports goods industry, which offers opportunities for both foreign and local businesses. According to our findings, running is still the most popular sport in China, followed by badminton and basketball. Investors are interested in fitness, football, electronic sports, outdoor and extreme sports, martial arts, cycling and square dancing.

JD partner with with WeChat mini-program for the logistic


JD Logistics CEO Wang Zhenhui said the company has launched express delivery services for individuals. The logistics subsidiary of the e-commerce platform has been providing supply chain and logistics services since its launch in 2017. Echin. The service is currently available for individual customers in Beijing, Shanghai and Guangzhou, although the company is planning to expand eventually to the entire country.

JD partner with with WeChat mini-program for the logistic

A mini WeChat program named "JD Express" (快递) currently offers the option of standard package shipping options, with a few exceptions. From the main page, customers can choose to ship the goods (achievements available) or check the progress of their packages. One option is to use a number, while another allows users to "scan a QR code into a mail". One last function, "use voice recognition for mail", is not yet active.
Currently, customers in Beijing, Shanghai or Guangzhou can send items via JD Express to any location in mainland China.
According to the official website, JD Logistics currently has more than 500 warehouses discovered 11.6 million square meters in China. The size and size of its logistics network enabled it to record same-day or less-day deliveries on less than 90% of orders placed on JD.com.
Previously, JD.com had encouraged the use of drones to reach customers in isolated areas as well as autonomous distribution robots. This is a fast of the logistics of the Great Time. In addition to a public relations crisis following a charge of violence against CEO Liu Qiangdong, the company also announced losses of 2 billion RMB in the second quarter of this year.
In the field of express delivery in China, JD.com has to face the opposite agreement of its former opponent, but also to services such as SF Express, YTO Express and ZTO Express, among others.

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samedi 1 décembre 2018

Italia wants to Export more to China

The Alibaba Group has reached an unprecedented agreement with the Italian government to promote Italian products and culture in China via the company's e-commerce platforms.


 Alibaba and the Italian Trade Agency, a government agency that supports the export of "Made in Italy" products, have launched the "HelloITA" virtual pavilion on the Alibaba,

Ciao Italia Tmall Pavillon


 Tmall and Tmall Global markets with a pavilion included 88 stores belonging to more than one hundred Italian companies, in the fields of fashion and cosmetics, home and design, as well as gastronomy and wine. Tmall and Tmall Global, like Canada and Denmark, already have similar flags, but this is the first time a foreign government has been funding and working closely with Alibaba to support its local brands and products. This will include targeted digital marketing campaigns developed in partnership with Alibaba and Alimama's branding and marketing department to increase Italian consumers' interest in Italian products. "The improvement of the 'Made in Italy' brand, not only for the excellence of its products, but also for the dissemination of culture, traditions and craftsmanship, has always been a priority in our work and we are proud to be the trusted partner of the Italian company. Agency] and many Italian companies, including many SMEs, in the process of digitization and expansion in China, "said Rodrigo Cipriani Foresio, Alibaba group's Managing Director for Italy, Spain, Spain and Portugal. Portugal and Greece and general manager of Tmall's business development in Europe.

“We look forward to having more of our brand partners work with us in each of your best areas so together, we can strengthen and propel the growth of China’s consumer goods. By leveraging a digital platform driven by technology, we can turn innovation into reality more quickly and with fewer risks,” Tmall President Jet Jing said.

Alibaba Fail to bring italian Wine to China


Possibility for Italian brands to connect with customers


Part of Alibaba's mission, throughout the year, is to help brands connect with Chinese consumers. The Global Shopping Festival offers an opportunity for these brands to present new or special products for the market. Increasingly, those brands are employing a new retail strategy or are working with Alibaba and their analytics to identify bespoke product opportunities, bring them to market faster and track their popularity.





Chinese Cross Border Retail has never been more developed. There is now a powerful infrastructure offered by the largest players such as Tmall & Jingdong (JD) (providing you have the budget) as well as smaller players such as ‘Little Red Book’, Taobao Global or WeChat Stores (to name a few).
Cross border e-commerce platforms allows brands to sell online without having a physical presence in China (what is so complicated!)
Setting up a shop on a China’s cross-border platforms allows brands to utilize Chinese payment methods as well as the delivery infrastructure offered by many of these platforms. It’s really convenient for foreign brands because these platforms allow you to adapt your approach to the chinese e-commerce and to the habits of your targets.
But, be aware, you must also develop an effective marketing strategy in order to drive qualified and engaged traffic to your store. Without traffic you can’t exist in China.
Source Export to China Guide

dimanche 25 novembre 2018

Dairy Market in China

According to Mintel economic analyst, Chinese consumers prefer imported (43%) domestic dairy products (34%). Even among those who trust local dairy products, they prefer imported dairy products at 32%.

 

The findings can be found in Mintel's latest report on trends in milk consumption - China, which shows that China lags behind other countries in terms of per capita consumption of dairy products.

Mintel expects the Chinese dairy market to grow 6.6 percent a year and reach $ 76 billion by 2022.

China is Fonterra's largest market, consuming a quarter of the milk it produces, with $ 3.4 billion in sales last year. Nearly $ 300 million of its profits in 2017 came from all its relations with China.


 

 

lundi 19 novembre 2018

The lifestyle of the ultra-rich Chinese is incredible!

Imagine that the lifestyle of the ultra-rich Chinese is incredible! Imagine stopping at Tiffany & Co. on the way to lunch to pick the perfect luxury gem and spending the afternoon with friends in the ultraviolet Paul Pairet. All this follows a stop at the Prada store to discover that you have clothes that you can add to your ever-growing wardrobe and then end up at night in one of the Mandarin Oriental Pudong hotels or in another hotel luxury. Of course, this trip takes place in your beautiful Ferrari with a Hermes bag placed in the passenger seat. Luxury clothing brands are no longer out of reach when you're in luxury!




There is a certain curiosity about the way of life of the rich, it seems to be those who hold key havens. The way they affect us is amazing, yet we think their lives are really good. What does it look like to satisfy all the whims of consumers? The Chinese elite has been different because their favorite brands are: Patek Philippe watches, Mercedes E-Class cars, Gulfstream nozzles, Armani suits, Azimut yachts and Louis XIII brandy.




They also like to spend money on diamonds, wine, travel and education for their children. More than 50% of wealthy parents send their children to schools in the United States and Great Britain. Canada is third, followed by Switzerland. Chinese elites love luxury goods, imported French handbags, Italian sports cars and more, they love showing off their talent.
More than 50 percent of the Chinese elite, each with more than 10 million yuan ($ 1.57 million) in assets, spend between one million yuan ($ 157,000) and three million yuan a year and owns more than three cars. The cars feature the white BMW 7 Series, the long-wheelbase Audi A6 and the Porsche Cayenne SUV, which offer a unique new network of Chinese motorways.