Luxury products can be defined as mature products which have historical attachment, global recognition and high perceived value or in short ‘a story to brag about’. These products are mildly correlated to the consumption and economic conditions of the consuming country. China, the biggest developing country of the world has surpassed US to become the… Continue reading »
Mar
07
Oct
12
How different is Chinese economy?
While the world is struggling to recover from the devastating financial crisis, China seems to be full of events. Japan’s news revolve around the flat interest rates, in U.S. the fiscal deficit is still hot and in rest of the world the news revolve around investments. China’s news agencies on the contrary are busy publishing… Continue reading »
Jul
21
Uncertainty Eclipsing Japan
Taro Aso, a fan of ‘Manga’ since childhood ruled the economy of one of the most powerful economies of Asia. He as the Prime Minister of Japan dissolved the parliament of Japan after apologizing for not doing enough for Japan. It is for the first time in 5 decades that the opposition, Democratic Party of… Continue reading »
