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When it comes to brand building in China, there are a few things that businesses need to take into account. One of those is the importance of mascots and their role in engaging with consumers. A good mascot can be extremely helpful in boosting brand awareness and creating a connection with buyers. In this blog…
The metaverse is a virtual world that exists as an extension of the internet. It allows users to interact with each other in a 3D environment and can be used for gaming, social networking, or business purposes. While the concept of the metaverse has been around for some time, it has yet to take off…
China’s real-estate sector is experiencing difficulties in 2022. Some of China’s most prominent developers are struggling to overcome a crisis that has been growing for months. The Real Estate crisis in China Two major credit rating agencies have downgraded Shanghai-based developer Shimao Group to junk status. To reduce its debt, the company is looking at…
Do you want to sell your probiotics in China? Do you want to know the best distribution strategy for China? China market for probiotics is valued at US$8,149.466 millions in 2019. It is expected to grow at an 8.81% CAGR to reach a market value of US$13.527.100 million by 2020. China Probiotics Market Probiotics can…
You are a Brand with potential in China and want to reach a massive amount of Chinese Distributors Finding overseas customers is not easy. Moreover, to embark the Chinese market demands razor-sharp focus and hard work. A way to simplify the process is to find a local partner to distribute products. We can help you to…
(Update 2022) If you have a soft drink brand and want to enter the Chinese market (via distributors), this article is for you. How are soft drinks rapidly spreading in China In the country of tea, drinking consumption has evolved a lot nowadays. Local brands’ offer has diversified offering a multitude of choices in the…
Papa Johns is now looking to international expansion after a period of notable growth during the pandemic. Papa John’s Pizza announced Friday that it has signed its largest ever franchise deal with FountainVest Partners, a Chinese private equity firm. The partnership will see 1,350 new restaurants open in South China over the next 20 years….
Official data shows that China’s largest food processing companies made a combined profit of 535.96 trillion yuan (or 82.92 Billion U.S. Dollars) in the first eleven months of 2020. This was 6.8% more than last year. According to the Ministry of Industry and Information Technology, (MIIT), profit growth in these enterprises, which have annual revenues…
China is a key market for exporting businesses in the world. Each year, the Chinese consumer base is increasing. They are now purchasing more than ever before. China’s consumer market is expected to increase by around 12% each year in US dollars, reaching an estimated $8.4 trillion in 2022. The new wealthier generation spends a…
China currently has seven types of spirits: Whisky, Brandy (Chinese Baijiu), Brandy, Vodka and Rum, Gin, Tequila, and Vodka. Tmall and Taobao are two e-commerce platforms that Alibaba Group uses to track sales data. According to Tmall data, Chinese Baijiu was the most popular spirit in China. It is evident that Chinese Baijiu is still…
How to enter to the USD 16 Trillion Chinese Weath management market ? Situation about Wealth Management in China Investment & Pensions Europe recently released the Top 500 Asset Managers report 2021. The report revealed that China’s top 30 asset managers manage assets totalling 5.41 trillion euros ($6.56 trillion). This represents 35 percent of China’s…
1.4 billion people, the one-child policy that has recently been removed, a growing population, rising income levels: all of these factors mean that bigger generations are coming! Toys and board games markets were already huge in China, but now their potential is bigger than ever! What China’s toy market represents in few numbers… The second-largest…
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