CH: The China Price. Low, Lower, Lowest And Incredibly High.
Excellent blog post on the Harvard Business Review Blog regarding prices in China. The post is written by Max Magni and Yuval Atsmon of McKinsey & Company's consumer practice in Greater China and Atsmon is an "associate principal" in the Shanghai office. The post is entitled, "China's Reverse Price Wars," and though it does not put forth anything earth shatteringly new, it is so clear and to the point, that I highly recommend it. Since it is from McKinsey, I am assuming it has millions of dollars of surveys and pretty sound analysis behind it.
Its thesis is that though low prices are super-important for China, they are not the only thing driving consumer buying:
