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Jason is a China-based strategy consultant and professional speaker with ten years of experience in Asia, and has been in China since 2004.
From living and working in the Bubble Economy years in Japan, the Dot-Com boom and bust in the US, to China’s rise in the 2000s, Jason has sought out life in some of the most exciting economic environments in the world. He is currently living in Shanghai as a business advisor, professional speaker, and entrepreneur.follow me on:
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Home » China Economy » Today’s Links: China’s stimulus plan, surge in luxury brand sales, Bright acquires Weetabix
Today’s Links: China’s stimulus plan, surge in luxury brand sales, Bright acquires Weetabix
Posted by: news
Tags:
China economy, consumer trends, Consumption, Foreign Direct Investment, luxury
Posted date:
May 14, 2012 |
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Despite the fact that many luxury and electronic brands such as Apple are experiencing growth in sales, “consumption in China is actually severely depressed…To reduce taxes and stimulate consumption, China will likely increase the minimum deductible salary, increase wages and give more subsidies or tax cuts to small and medium enterprises.”
(Chapter 1 of China’s Economic Supertrends).
Today’s China links:
- Chinese Food Company takes a big bite out of Weetabix
- US Treasury Secretary urges China to focus on domestic consumption to sustain China’s economic growth
- Shanghai Disneyland spurs increase in foreign direct investment into the city
- Temasek to sell $2.4bn in shares in its Chinese banks as profits at banks slow
- Luxury brands in China experience surge in sales
- Canadian farmers looking to milk China’s high demand for grains and oilseeds
- China kickstarts stimulus plan in response to signs of weakening economy
- In the meantime, the Wall Street Journal are skeptical of the stimulus plan’s effectiveness
Photo credit: Han Yi
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