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February 22, 2010
Retail, banking by Edward Eng

China is going for more than gold at the 2010 Winter Olympics in Vancouver. The Chinese are trying to prove that China is a world dominator financially and physically.

Why should other countries care?

Dignity is certainly not a concern. If you’re in retail or banking, you might want to think about rooting for China instead of your own country.

Why? Because this is what China’s showing in Vancouver represents.

1. People in China have more leisure time to enjoy sports. People have more money to spend on extracurricular activities and their respective products. There’s a growing interest in other cultures.

2. At least 300 million sets of eyeballs protected by 60 billion eyelashes of pride from China are observing every move of their competing countrymen and those of other countries. These Olympians have more power than any billion-dollar stimulus.

3. China is winning the emerging market race. You don’t see any of the other emerging countries like India and Brazil on the medal list.

Go China!

Comments

Whether you agree or disagree, we’d love to know what you think. Leave your comments below. Useful links to resources providing additional insight are especially appreciated. Thanks, Eddie from getchee. =)

Related Links

Big-time Medal Winners – CRI English

Vancouver 2010 Winter Olympics Medal Standings – The Vancouver Organizing Committee

February 3, 2010
Retail Food, fmcg by Edward Eng

Nope. Since it’s official that Kraft has taken over Cadbury, people like business reporter Simon Atkinson of BBC News have been asking good questions like the one above. At the end of his article he asks another good question, “Will it be bad for the business?” Again, nope. This is going to be great for Cadbury and all its fast moving consumer goods. Kraft also has a great presence throughout the world. Not to mention, chocolate is suiting well with booming middle classes in China, India, and Brazil. Euromonitor analyst Francisco Redruello noted that China’s middle class, which he described as 300 million strong, “is trading up to chocolate from sugar confectionery.” This is a great time for both Cadbury and Kraft.

Comments anyone?

Whether you agree or disagree, we’d love to know what you think. Leave your opinion, thoughts, and/or comments below. Useful links to resources providing additional insight are especially appreciated. Thanks. =)

Related Links

http://news.bbc.co.uk/2/hi/business/8492956.stm

http://adage.com/article?article_id=141708