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After 24 hours of swiping on ‘Singles Day’ bargains, Chinese online shoppers once again broke records for e-commerce giant Alibaba. (Photo credit: STR/AFP/Getty Images) Alibaba’s Singles’ Day Shopping Festival is like no other. It’s a combination of commerce, entertainment and an exuberant celebration of consumerism. Retail as entertainment is one of the hallmarks […] I was interviewed by CBC News, Canadian Broadcasting Corporation, on how Chinese millennials are using social media such as WeChat to buy real estates overseas. See the interview below. Believe it or not, Chinese millennials have more cash to burn. As I wrote here and here, they do not have student loan debt. And […] Ivanka Trump speaks, as President Trump listens, during a meeting with women small business owners in the White House on March 27, 2017. (Photo by Andrew Harrer-Pool/Getty Images) Despite Trump’s anti-China rhetoric during his campaign, more Chinese are choosing the U.S. as their next travel destination. A survey by Brand USA reveals that […] Early in March, more than 4,000 people gathered at “Millennial 20/20 Summit” in New York to discuss power of the millennial generation and how they will affect the future of retail. Chinese millennials, numbering more than 400 million, are a force to be reckoned with. While many have recognized them as ultra-connected consumers, few have […] On March 8th, I delivered a keynote speech “Winning Chinese Consumers: A Once-in-a-lifetime Opportunity” at TFWA China’s Century Conference in Guangzhou Four Seasons Hotel. Here is a brief summary of my speech: […] 2016 has been a turbulent year. From Briexit to the surprising result of the U.S. presidential election, the world is undergoing dramatic changes. In the meantime, another force is rising that will have a far-reaching impact – the rise of China’s middle class. As the year draws to an end, here is a recap of […] Chinese millennials are a new breed of consumers who will shape the future of commerce. They are very interested in consumption and excited by it. They constantly live-stream fashion shows on their phones and discuss about new trends. Photo credit: Jing Daily Yet, they are also torn between the old and new. They […] Iowa Gov. Terry Branstad shakes hands with Chinese President Xi Jinping before a meeting at the Great Hall of the People on April 15, 2013 in Beijing, China. (Photo by Andy Wong – Pool/Getty Images) One never knows whether President-elect Donald Trump means what he says or says what him means. After his […] This short video from Alibaba is a great summary on how China is creating the future of commerce.
During the 2015 Tmall 11:11 Global Shopping Festival gala in Beijing on November 11, 2015. (Photo credit: STR/AFP/Getty Images) Alibaba is counting down to its annual shopping bonanza: the Singles Day shopping festival on November 11. Since it was launched seven years ago, it has become the largest shopping day on the planet. […] |