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Asia – Pacific
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Luxury consumer behaviour in Mainland China: What exists behind the facade of new wealth?

December 28, 2010 • CULTURE & LIFESTYLE, Asia - Pacific, ChinaComments (0)

By Pierre Xiao LU China recently became the world’s second largest market for luxury goods with an annual increase of more than 30% in 2010, even surpassing Japan. Further estimates predict that China will become the largest upscale product and consumer goods market in the world. How does a country with an average GDP per …

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Selling to the Poor

December 28, 2010 • Asia - Pacific, ChinaComments (1)

By Aneel Karnani The poor, of course, have many unmet needs. It would be wonderful if business could satisfy all (or even most of) these needs and make a profit in the bargain. It would be a painless, even a profitable, way to solve the problem of poverty.

Entrepreneurship in China

December 28, 2010 • Asia - Pacific, ChinaComments (2)

By Yasheng Huang By most accounts, China is one of the most entrepreneurial countries on earth. According to the widely cited Global Entrepreneurship Monitor (GEM), published by Babson College, on a range of dimensions, such as fear of failures and