This tag is associated with 12 posts

Brazil: Can Banks Shake Off Their Villain Image?

To me, the very concept of being a Facebook fan of a bank is rather strange. Here and in Brazil too, they are seen as evil money making machines – so, how Itau achieved such a high number of fans? Their social media journey started around 5/6 years ago – and Itau seemed to have … Continue reading

Why Bitcoin Is A Good Idea For Brazil

Things are not looking good for Brazil’s Real – news articles flooded with reports of a ten-year low of the Brazilian currency against the US dollar. After a turbulent presidential election and international oil prices hike, those factors finally hit the country’s economic very hard. Having said that, could bitcoin be a good way to … Continue reading

Why Are Chinese Companies Going Abroad?

Originally posted on Frontier Market Strategy:
We know Chinese firms are expanding overseas at an unprecedented rate, but what is driving them them to do so? It is well established that Chinese companies are investing abroad in ever greater numbers, but many would question the reasoning for this when China remains a booming market, enjoying…

Alibaba Group Holding Ltd (BABA) Strengthens Cloud Computing With Government Deals

Originally posted on Cloud News Asia:
Treading on new territory, Alibaba Group Holding Ltd. stock has been hovering in negative territory year-to-date. Reuters reports, according to experts, Alibaba’s ambitious expansion plans are paving way for an upward trend. Although Alibaba’s cloud computing service Aliyun is new, it has found a support system in the Chinese government. Alibaba…

China’s Retail Banking Landscape Being Shaped By Four Trends

“China’s retail banking revenues have grown 30 percent a year since 2009 and could exceed RMB 2.6 trillion (over US$430 billion) by 2020, making the country the largest retail banking market in Asia. Intense competition for the Chinese retail banking consumer’s wallet has accompanied this fast growth. Meanwhile, the retail banking landscape has faced several challenges, including interest rate liberalization, … Continue reading

China’s Alibaba Looks To Expand In Latin America

“Online trading giant Alibaba has expressed interest in doing business in Latin America with a particular eye on Mexico, Brazil and Argentina,” the China-based e-commerce company said in Mexico City on Saturday, Xinhua reports. Chinese consumers are eager to obtain Latin American products, especially fresh produce such as Mexico’s avocado, Sherri Wu, head of Alibaba’s International … Continue reading

China Reduces Import Tariffs To Boost Consumer Demand

“China will cut import taxes on consumer goods by more than 50% on average in a bid to boost consumer spending,” BBC reports. Chinese consumers started shopping abroad due to very high tariffs on imported goods. In order to boost domestic demand, Chinese officials are aiming to lower the taxes. The tariff reduction is an … Continue reading

Chinese Shoppers To Outspend US By 2018

China is poised to outstrip the US as the world’s largest retail market by 2018, with online purchases quickly replacing conventional shopping, according to PricewaterhouseCoopers (PwC). China’s retail market is expected to be worth $10.3 trillion by 2018, compared to the $5 trillion in sales projected for North America. The PwC report looks at the … Continue reading

Four Achievements Of APEC Meetings: Xi

Chinese President Xi Jinping outlined today 4 achievements of the  APEC meetings hosted by China this year. Achievement No 1 Launch of the Free Trade Area of the Asia-Pacific (FTAAP) process, which points out the direction for Asia-Pacific cooperation. Achievement No 2 Issuance of a statement on the 25th anniversary of the APEC, which draws on past … Continue reading

Global Emerging Markets Consumer: Insight Into A $1 Billion AUM ETF

In one of our latest articles dedicated to China’s slowing economic growth [China Should Focus on Reforms and Cut Its Economic Growth Target to 7% – World Bank]  we briefly touched the consumer subject. China, during the forthcoming years, is supposed to redirect its economy by stimulating its domestic demand, as the current levels of manufacturing wages … Continue reading

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