The Chinese Dream: grounded in practical reality

Chinese Deam

More Taipei-hotel-induced nostalgia last night. This time at the Howard Plaza Hotel, where my wife and I got married over a quarter of a century ago. My memories of the ceremony and accompanying banquet are hazy, though I do recall her looking stunning as she walked through the ballroom in a gorgeous red dress. That was just one of series of dresses that she had to change into during the evening. No wonder she was so exhausted by the end of it!

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China retail: a crucible of competitive innovation

China Retail App

Earlier this week it was announced that China now has over 800 million Internet users – more than the population of every other county on the planet except for India. That represents a penetration rate of 57.7% according to the China Internet Network Information Center. Over 98% of the users go online with a smart phone; 566 million use mobile payments.

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Luckin: challenging Starbucks for the China Coffee King Crown?

Linkin coffee cup

Luckin has been gaining a lot of attention recently thanks to cleverly positioning itself as the plucky young David fighting to unseat the Starbucks goliath in the China coffee market. Except of course, having closed a $200 million funding round that gives it a $1 billion valuation, the company is hardly a little guy at all and has already opened over 500 outlets throughout the country.

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