A great article to further understand the growth of China – by Michael Elliott, International Editor for CNN
(Fortune Magazine) — What economic crisis? After a blip last winter, China is growing at more than 8% a year, and the scale and speed at which the country is building a modern infrastructure are mind-boggling.
But once you’ve absorbed the metrics — the size of its trade surplus, the thousands of miles of high-speed railways, the new ports and highways — a nagging question comes into focus: Sure, China can grow, but can …

Online travel service provider Ctrip.com has announced it has reorganized its vacation department to a travel and vacation department to further exploit the Chinese travel and vacation market.
Guo Dongjie, the vice president of Ctrip.com, said that the recently-promulgated “View on Accelerating Development of Tourism Industry” has greatly improved the status of the tourism industry in China and it has pointed out the direction for the future development of tourism enterprises. As the leader in the Chinese online travel sector, Ctrip.com will focus more on mass tourism while maintaining its competitive …

Competition between operators in the U.S. is driving down prices

By Joanne Lee-Young, Vancouver SunMarch 8, 2010There was much official fanfare when, after more than a decade of high-level wrangling, Canada got the nod for so-called approved destination status from China. That was a few months ago.
Now, while the actual bilateral agreement gets hammered out — line by arcane line, privately — B.C.-based tour operators are all a-chatter about how approved destination status (ADS) has played out in the U.S. and Australia, and what they would like to see in Canada’s …

According to the US Department of Commerce, a Chinese tourist spends an average of $6,000 USD in the United States. This enormous spending power of the Chinese tourist is the main reason behind the New York City Tourism Bureau to vigorously promote the visit of thousands of Chinese visitors; the largest group in NYC tourism history. According to the Tourism Bureau’s latest news, among the main activities of Chinese tourist, 95% are shopping, followed by dining. Business owners are all smiles upon the arrival of Chinese tourists.

Bloomingdales in NYC, a …

Vinay Dixit is the Senior Director of Asia Consumer Centers in McKinsey & Company and leads the Insights China by McKinsey service line. He joined McKinsey’s Shanghai office in February 2008 and has led several significant studies on Chinese consumers. His most recent publications include, “The coming of age: China’s new class of wealthy consumers” and “One Country, Many Markets – Targeting the Chinese consumer with McKinsey ClusterMap”.
The China Observer: You co-authored a report last year that found China will host the world’s fourth-largest number of wealthy households by 2015. …

Yahoo and Chinese Yahoo

Sex is definitely the universal theme for Chinese websites, from the major portals to small sites. It is very interesting to compare a US portal with a Chinese portal site to see the difference on this topic. It happens Yahoo is a good example for this since Yahoo has a Chinese Yahoo (Yahoo China) and it is comparable to other major Chinese portals, such as Sina.com.
There is no sex on the front page of Yahoo at all. You basically don’t see any ads or words related to …

Baidu.com:
Baidu (百度) is the Chinese Google. It dominates Chinese language search with about an 80% market share and is one of the biggest sites worldwide. As a local Chinese site it censors it’s search results. Like Google, Baidu offers a number of services apart from search, including Maps, documents, MP3 search, Baidu Space (a social network with over 100 million users) Baidu Encyclopedia, (China’s largest encyclopedia by users) and is launching a new video site called QiYi.com in March.
QQ.com
QQ is a portal that runs a number of services, most notably …

Social networks were once the domain of the young and tech-savvy. Not anymore, as Facebook reports a huge growth in older users last year. Also in China has the 35+ user base of doubled year over year.
Picture a social network user. Once upon a time it was easy – they were pimply teens huddled in messy bedrooms. Or young professionals organising their social lives. These days, however, they’re becoming far harder to categorise.
Last year Facebook reported huge growth in the 25 to 54 age group. After a feverish year of …