China Paradigm 117: Finding your sweet spot in China’s B2B food scene
Matthieu David interviews Founder at Maik’s Gourmet & passionate chef and F&B consultant. The Food and Beverage industry is a very competitive one in China and that’s why having a strong backend and a quality frontend are the factors that will make business in China’s B2B food scene succeed. Maik’s Gourmet provides F&B businesses with […]
The success of Nayuki, the Chinese new-style tea store going global
In contrast to the downfall of the Chinese coffee-based beverage company Luckin Coffee, China’s new style tea market did not cease to expand during the pandemic which caused major economic recessions across the globe. Nayuki, A local Chinese new style tea company, announced its new round of funding this June, which was a nearly 100-million-dollar […]
Bayer in China: How the Pharma giant gained the strong approval of Chinese consumers
Overview of Bayer and Bayer China Bayer AG is a global enterprise with core competencies in the life science fields of health care and agriculture. Bayer, headquartered in Leverkusen, Germany, is one of the most famous companies among the world’s top 500 enterprises. In 2019, the total number of Bayer’s employees was 103,824 and the […]
China Paradigm transcript #103: Running a crepe restaurant in Shanghai in a post-coronavirus context
Find here the China Paradigm 103. In this interview, Philippe Ricard the founder of La Creperie and La Cabane restaurants exposes the story of his restaurants in Asia and tells us about the challenges of running a crepe restaurant in Shanghai during the coronavirus outbreak. Full transcript below: Welcome to China Paradigm, a show powered […]
China Paradigm transcript #99: Business management in a crisis workshop: Running a restaurant in Shanghai
Find here the China paradigm episode 99. In this interview, Cotton Ding, owner of Cotton’s restaurant and bar shares her success story in China and discusses the challenges of running a restaurant in Shanghai during the coronavirus outbreak. Full transcript below: Welcome to China Paradigm, the show powered by Daxue Consulting where we interview season […]
The ready-to-eat soup market in China reached a new high during COVID-19
Chinese consume a massive amount of soup 60% of Chinese families eat soup every day, meaning about 500 million bowls of soup are consumed nationwide every day, 320 billion bowls of soup every year. The average person consumes 4.6 bowls of soup per week. That is to say, the magnitude of the soup market in […]
The premium seafood market in China
China is a traditional fishing country that accounts for two-thirds of worldwide aquaculture. With the growing middle class and the rise of disposable income, the Chinese purchase a progressively more diverse basket of seafood products and the premium seafood market in China is expanding. Demand for luxury seafood products has increased significantly in China over […]
The tableware market in China: Is disposable tableware on its way out?
The revenue of the tableware market in China was 213.24 billion yuan in 2017, increasing from 205.68 billion yuan in 2016. The size of the market grows consistently, metal-ware takes up the largest share of the market, ceramics come next and glass is a relatively small share. Data source: Zhiyan consulting, Size of China’s tableware […]
China Paradigm 112: Opening 8 Shanghai restaurants & clubs in 4 years based on data and tactful branding
Run Shanghai restaurants, bars & clubs Matthieu David interviews Gennadii Bochkar and Chen Feng (Fiona) partners and Co-founders at BIBIMI Group with 10 venues in Shanghai. Situated between the fast-casual and casual dining experiences, the BIBIMI group manages 10 venues successfully and planning to open new spots and even night clubs. But how do they […]
Business turnaround in China: What is the future for Luckin Coffee?
On April 2, 2020, Luckin Coffee (Ruixin Kaffei瑞幸咖啡) confirmed that its sales numbers were inflated by a total of CNY 2.2 billion (USD 310 million) in 2019. This number represents approximately 45% of its projected final sales. Suspicions of fraud had already been hanging around for several months after the investment firm Muddy Waters released […]
The Coffee bean market in China: Where does China import beans from?
More than 50 countries produce coffee, and about one-third of the world’s people drink it. Currently coffee is becoming popular in the Chinese beverage market. With the improvement of living standards and the growing awareness of coffee culture, coffee bean market in China is on the rise. The demand for premium coffee beans has increased in […]
The Biscuit Market in China: Localizing flavors and nutrition to gain market share
China’s biscuit market has strong potential to develop especially for foreign brands. The total sales of the biscuit market in China is expected to exceed $11.8 billion US by 2023. Though the market is small compared to the west, it is one of the fastest growing snack segments in China. To enter the biscuit market […]