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MINISO, “Fair-priced MUJI Style” Has Beaten MUJI

MUJI, the Japanese based designer brand claiming to stick to the life philosophy of “simplicity” and “good quality” — seems to have lost its original attraction in the Chinese market. Meantime, local Chinese brands of fair-priced household commodities, which advocate similar MUJI style, are prospering at a fast expanding rate. MINISO is one of the …

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Do you really understand Chinese post-90s generation?

In the last six months, researchers in consumer industry has focused on the consuming behavior of post-00s. As far as I am concerned, it is appropriately to discuss this topic, but I don’t think it is necessary to study it too deep.  First of all, given that the fact shows that most of the post-00s …

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Justin Sun, Warren Buffett’s Chinese Lunch Pal

Another Chinese entrepreneur is about to have lunch with Warren Edward Buffett. His name is Justin Sun, founder of cryptocurrency project TRON and CEO of file-sharing company BitTorrent. Sun’s $4.57 million bid is the highest on record for the charity’s 20-year history. Since 2000, Buffett’s charity lunch has raised more than $30 million, all of …

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Luckin vs Starbucks: New Money Challenges Old Aristocracy

Among the Chinese companies that went public in May, the best-known of them might be Luckin Coffee. Though four days later, Luckin had dropped below its offering price, the shares of the Chinese “new species” returned to a share price of $20 and the market value reached $4.731 billion. The Shenzhou-backed upstart only took 18 …

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Post-00s in China: What have they influenced?

This year marks the beginning of “Post-00’s era in China”. It is the first generation which has been researched and investigated with rich data resources – if you put “Post-00s” and “research” in the search engine of Baidu, you can receive about 1.82 million pieces of information; if you search “Post-00s” and “consumption”, there are …

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Chinese long-term rental housing: are financial chaos getting worse?

A batch of Chinese long-term rental housing service providers have been facing financial problems. Why is that and will the problem become more severe?   Financial problem Several renters of Yujian Apartment in Shanghai claimed that they have been kicked out by the landlords, while the landlords said they haven’t received payments for months, according …

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Can Jinritoutiao survive in online shopping market?

The battlefield of Chinese online shopping has welcomed another strong fighter – Jinritoutiao. The Beijing-based news and information content platform launched a mobile application called Zhidian. Jinritoutiao has only used three years to be listed and become the tech giant – it is widely believed that social data contributed a lot to the fast pace. …

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Are unmanned stores failing in China?

Chinese unmanned store Bianlifeng has received huge investment from Tencent and Hillhouse Capital, according to local tech website itsiwei.com. If the news is confirmed, it will be the first time for the operator of staff-less stores and vending machines to receive exterior investment. In February 2017, Bianlifeng was invested with 300 million US dollars by …

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How does Chinese Hollywood fade out?

A remote Chinese city has grabbed the headlines, as the so-called Chinese Hollywood has become the storm center of the back taxes scandal of celebrities. To enjoy the tax beneficiaries, more than 1,600 film and television production enterprises registered in the Horgos, which is located in west China’s Xinjiang Uyghur Autonomous Region. However, the city …

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