Articles by: Jenny

China’s love affair with luxury watches shows no signs of ending…

The Chinese government is continuing to crack down on conspicuous spending and lavish gift giving and even though this has had an impact on spending and gift giving, it has certainly not curbed appetites for luxury items. This is certainly evident in the luxury watch and high end timepiece market. Greater China now accounts for a quarter of Louis Vuitton’s revenue, 35 per cent of Cartier’s, and a whopping 45 per cent of Omega’s. At this year’s recent Baselworld watch and jewellery fair held in Switzerland, the Chinese were out in full force and many exhibitors marketing efforts were directly…

Visiting China: what’s the best way?

Planning a business trip to China can be daunting if it’s your first time. That’s why we’re looking at the pros and cons of the options available to businesspeople drawn by the host of opportunities that Australia’s largest trading partner has to offer. If you’re an entrepreneur or run a company that is drawn to the opportunities in one of the world’s largest economies, then getting your foot in the Chinese door can be something of a challenge. Barriers to entering the Chinese market include language and culture as well as the vast size of the country. Fortunately, there are…

Tony touts trade

  There’s been a honey pot of handshaking between the happy leaders of Australia, Japan and Korea. We now have the Japan Australia Economic Partnership Agreement (JAEPA), on the go since 2007, and the Korea Australia Free Trade Agreement (KAFTA), which began in 2008. So what’s the deal with China, with whom we began negotiating in 2005? The PM’s primal instinct is to blame the previous government, but the truth is that trade agreements are very complex negotiations. Given that China’s trade with Australia, at $125.2 billion in 2012, is just short of double that of Japan’s ($69.2 billion for…