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By AMY CHEUNG

Skandia-BSAM Life Insurance Co Limited, a joint venture between Sweden’s Skandia and Beijing’s state-owned Asset Management, has launched several insurance products in China that were initially unique to its consumers. The opening of the insurance sector has not only ushered in these innovative products but also a set of diverse sales and marketing strategies as well as services. To successfully expand in the market, foreign firms must adopt localization strategies enhanced by a mature, multinational touch to win over their target audience.


By AMY CHEUNG
China’s food and beverage industry is booming with the country’s economic growth and the government efforts to bolster domestic consumption. Food and beverage products are among those consumer goods that are enjoying increased spending by Chinese consumers. While many international players are keen to be more localized to be appealing to Chinese audience, many Chinese food and beverage franchise are anxious to go abroad and join the global community. Pepsi and Little Sheep are good examples demonstrating this converging trend.

By AMY CHEUNG
Under tightening control over foreign acquisitions of leading cement companies, China’s cement industry has seen structural changes particularly in foreign strategies to gain a greater share of the market. From acquiring leading Chinese firms in hot market segments, foreign investors gradually turn to acquiring stakes from leading firms or becoming shareholders of small firms. Joint ventures with local companies in more closed market segments have become the recent trend to get around regulatory barriers.

By AMY CHEUNG
Chinese traditional culture sees food as one of the roots of life. As an important industry in the national economy, China’s food companies have proved to be uncompetitive when compared to their multinational rivals, which have greater financial resources and advanced technology.  As more global food giants push for more expansion in the Chinese market, how can the Chinese food industry overcome its internal weaknesses?

By STAFF EDITOR
After reporting disappointing performance in the US, Ford Motors Co.’s chairman expressed great interest in cultivating manufacturing, auto parts and sales opportunities in one of the world’s fastest growing auto market, The Wall Street Journal reported.

By AMY CHEUNG
High savings rate and domestic consumption have been the issue troubling the government and economists. One of the reasons for golden week holidays is to boost domestic consumption which would in turn direct national economy to a healthy direction. While traditional home economics and budgeting encourage low consumption, economic transformation has increased expenditure and reduced impulsive consumer behavior. Professor He Ping, an experienced researcher in the area with the school of finance of China Renmin University, detailed the reasons and what should be done.

By AMY CHEUNG
China’s food and beverage sector has undergone rapid expansion since the 1990s and become a major drive for domestic consumption. China Cuisine Association’s latest report suggested that under the impact of contemporary operation concepts include themed restaurants and entertainment combined with food services, the sector would be liberated from conventional operational mode because individual and trendy consumption is gaining ground in China. How does this shape how food and beverages being served?

By AMY CHEUNG
Foreign banks spruce up by widening reach of their ATM networks to secure their markets as heightened competition draws near with the opening of China’s finance market.

By AMY CHEUNG
As new regulations on foreign acquisitions of Chinese companies arise, long term expansion strategies adjust to the more stringent measures. Financial investors see more opportunities.

By AMY CHEUNG
Rapid economic growth creates soaring demands for an efficient logistics system giving rise to increased requirements for advanced transport vehicles to firm up foundation for a nationwide logistics network. Global makers of vehicles for material transport and handling respond with expansion strategies to get bigger shares of the market.

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