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China Consumer Behavior Trend Watching

China, Socialism & Consumer Behavior: Rising cost of luxury goods slows to 2009 level

Price increases for luxury goods and services in China this year are at their slowest level since 2009 but continue to outpace inflation, according to a report by the Hurun Research Institute. China’s Luxury Consumer Price Index, which measures price changes in 62 luxury items, rose 4.94 percent in June from a year earlier, 2.79 […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Chinese middle class to fuel global luxury spending

Millions of consumers entering the middle class in China will help to hold the pace of growth in global luxury spending at 10 percent annually for the next four years despite a slowing economy […]

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Design Readings

Watch Dr. Genevieve Bell’s “Rage Against the Machine?” Keynote at IxDA | Interaction ’12 Conference

Dr. Genevieve Bell is an Australian-born anthropologist and researcher. As director of User Interaction and Experience in Intel Labs, Dr. Bell leads a research team of social scientists, interaction designers, human factors engineers and computer scientists. This team shapes and helps create new Intel technologies and products that are increasingly designed around people’s needs and desires […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Swiss watches clocking up record sales in China

Chinese consumers are helping to boost the Swiss watch industry, with exports worth 19.3 billion Swiss francs (US$21.1 billion) last year, an industry report shows …

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: becoming the biggest market of luxury products

Observers predict that China will soon be biggest in the world for high-end designer consumer goods. Chinese people will buy more than half their acquisition of luxury goods on the mainland in 2014 rather than overseas, as is the case now, business research and consulting firm Frost & Sullivan said in its latest survey […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Stores offer afterlife for luxury goods

Second-hand luxury goods stores are becoming popular in China as suppliers of new products increase prices and demand for high-end items continues to rise […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: sales of luxury cars on the rise

Luxury car makers reported strong sales growth on China’s mainland for the first half of 2011, despite the Chinese government’s phasing out of incentives […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Super-rich in growing passion for investment

Demand for art, watches, rare wines, vintage cars and other offbeat investments expanded in 2010 as the world’s super-rich rebounded from the financial crisis, according the latest World Wealth Report […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Chinese Researcher Pushes Higher Duties on Luxuries

It seems that Chinese Government is not speaking with one voice on this issue: just a few weeks after announcing cuts of taxes for luxury products, a senior researcher from the Ministry of Finance said that “Far from cutting taxes on imported luxury goods, China needs to raise duties to help redistribute wealth” […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: China to cut tax on luxury goods

China, already the world’s second-largest luxury goods market, will soon slash import duties on “opulent items” to encourage wealthy local shoppers to buy more pricey cosmetics, watches and liquor […]