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☆ China has a 'fake gold' problem — locals are getting scammed into buying artificial jewelry
▼ + stars: | 2024-05-03 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +3 min

Gold bracelets at a gold jewelry store in the Zhejiang Province of China. Thousands of people in China have been duped into forking out money on "fake gold" — inferior or artificial gold — after trying to purchase so-called "999 gold" online, according to the government. The purest form of gold is commonly referred to as 999 gold, because it has gold content of 99.9%. "Fake gold is becoming a major problem in China as more Chinese are looking to put their savings into gold," said China Market Research Group's Managing Director Shaun Rein. Fake gold gets darker or reveals a greenish color when placed under flame, while pure gold turns brighter on exposure to heat.

Persons: Shaun Rein, Nikos Kavalis, Rein, Taobao, Pinduoduo Organizations: Visual China, Getty, Research, India, World Gold, Metals, ChinaFotoPress Locations: Zhejiang Province, China, scammers, Nantong

☆ Tesla's attempts to compete on price in China have destroyed its brand image: Analyst
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's attempts to compete on price in China have destroyed its brand image: AnalystShaun Rein of China Market Research Group says Chinese NEV companies are going to "decimate" their Western counterparts within China, but investors need to be cautious in the short term due to the price-cutting cycle.

Persons: Shaun Rein Organizations: China Market Research Group Locations: China

☆ China's valuations are 'way too low,' strategist says — here's why
▼ + stars: | 2024-03-12 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Bloomberg | Bloomberg | Getty ImagesValuations of Chinese stocks are "way too low" and investors should be looking to cautiously re-enter the world's second-largest economy, according to Shaun Rein, founder and managing director of the China Market Research Group. However, Rein attributed this to the Lunar New Year period, and insisted that deflation "still looms over the Chinese economy." "They're cautious about whether or not the government is going to launch a bazooka-like stimulus — clearly they're not going to." "But we think China's low inflation is a symptom of its growth model built on a high rate of investment. As reducing dependence on investment is still far off, we expect inflation to stay low in the long run."

Persons: Shaun Rein, Rein, CNBC's, Huang Organizations: Bloomberg, Getty, China Market Research Group, Capital Economics Locations: China

☆ CNBC Daily Open: Wall Street wary as inflation data looms
▼ + stars: | 2024-03-12 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Overnight, U.S. stocks ended mixed as investors await key inflation data for clues on the Federal Reserve's path on rate cuts. "The question is to what extent and how broad will it be," he told CNBC. Web inventor's top predictionsTim Berners-Lee, recognized for inventing the World Wide Web, told CNBC his top predictions for the future of the web — and how it will be transformed by Al.

Persons: Patria Stodghill, vender Susan Mendoza, Hang Seng, Dow, Shaun Rein, it's, Steven Okun, Tim Berners, Lee Organizations: Patria, Washington , DC, CNBC, CSI, Nikkei, Nasdaq, China Market Research, APAC Advisors, Al, Barclays Locations: Washington ,, Hong Kong, Asia, China, U.S, Washington

☆ 'Really, really cheap': Pros name 4 under-the-radar stocks to play a China turnaround
▼ + stars: | 2024-03-12 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Declining foreign investment and a prolonged property slump are just some of the issues that have put pressure on the Chinese economy — and stock market. We're still relatively underweight China, but we've been reducing that underweight [as] some of the stocks there have become really, really cheap." China Market Research Group's Shaun Rein agrees. "If you're a multinational, if you're looking to drive growth over the next three to five years, the next China is China. Shares in Fufeng are held in the iShares MSCI China Small-Cap ETF , while Xinyi Glass shares are held in the Franklin FTSE Hong Kong ETF and SPDR S & P China ETF .

Persons: Kamil Dimmich, CNBC's, we've, Shaun Rein, it's, Salomon, Arc'teryx, Dimmich Organizations: Shanghai, South Capital, Research, Amer Sports, New York Stock Exchange, Stock, Fufeng Group, Ford, General Motors, Hong Kong Stock Exchange, Xinyi, Franklin FTSE, Franklin FTSE Hong Kong ETF Locations: China, It's, India, Vietnam, Franklin FTSE Hong

☆ CNBC Daily Open: Markets brace for key U.S. inflation gauge
▼ + stars: | 2024-03-12 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Wall Street ends mixedU.S. stocks ended mixed Monday as investors await key inflation data for clues on the Federal Reserve's path on rate cuts. Oracle shares spikeOracle shares surged 13% as quarterly earnings topped estimates, but revenue came in slightly soft of expectations. [PRO] Barclay's three global picksBarclays picked three European stocks for investors to consider buying for the next quarter.

Persons: Dow, Bitcoin, Shaun Rein, it's, Safra Catz, Trump, Donald Trump Organizations: CNBC, Nasdaq, China Market Research, Oracle, Facebook, Barclays Locations: China, U.S

☆ China's economy is 'weak, but not that weak' and valuations are too low, strategist says
▼ + stars: | 2024-03-11 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's economy is 'weak, but not that weak' and valuations are too low, strategist saysShaun Rein, founder and managing director of the China Market Research Group, discusses the outlook for the Chinese economy and its impact on global markets.

Persons: Shaun Rein Organizations: China Market Research Locations: China

☆ The next China is not India or Vietnam — it's still China, says strategist
▼ + stars: | 2024-03-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe next China is not India or Vietnam — it's still China, says strategistShaun Rein, founder of the China Market Research Group, says "multinationals, if you're thinking about a three-, five-year growth plan, you got to be investing in India, but you have to be investing in China, because there's no other country that has the scale of China."

Persons: Shaun Rein Organizations: China Market Research Locations: China, India, Vietnam

☆ China facing worst consumer confidence in over 20 years: Research firm
▼ + stars: | 2024-01-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina facing the 'worst consumer confidence' in over two decades: Market research firmShaun Rein, managing director at China Market Research Group, says consumers are "really nervous" about the Chinese economy and housing prices dropped "a lot" in December.

Persons: Shaun Rein Organizations: China, China Market Research

☆ 'It's really bad': China strategist warns of deflation and rock-bottom consumer confidence
▼ + stars: | 2024-01-23 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +3 min

BEIJNG, CHINA - NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. The economy here is bad, it's pretty ... it's really bad. In December, depressed prices for pork — which makes up around a fifth of China's CPI basket — heralded the possible advent of deflation. The decision comes amid infectious expectations among investment banks that China's economy will expand at a more sluggish pace in 2024. Despite this, the International Monetary Fund in November outlined a forecast for China's growth to slow in 2024 to just 4.6%.

Persons: Gao Zehong, it's, I've, Shaun Rein, CNBC's, Rein, Li Qiang, Li Organizations: Getty, China Market Research Group, CPI, People's Bank of China, Economic, International Monetary Fund Locations: BEIJNG, CHINA, Beijing, China, Davos, Switzerland

☆ China economy: Deflation starting to rear its ugly head, analyst says
▼ + stars: | 2024-01-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina economy: Deflation is starting to rear its ugly head, analyst saysShaun Rein, founder of the China Market Research Group, says deflation is starting to rear its ugly head and investors should be cautious.

Persons: Shaun Rein Organizations: China, China Market Research Locations: China

☆ China’s youths throng bargain basements as economy bites: ‘The first floor is too expensive’
▼ + stars: | 2023-12-06 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +4 min

Future Publishing | Future Publishing | Getty ImagesMin Li doesn't go to the mall often. The name of the game for Chinese youth in 2024 is trading down. Anything not in the basement floors is considered to be "in heaven," signaling it's out of reach. Citizens shopping for Mid-Autumn Festival gifts at a shopping mall in Yantai, East China's Shandong province, Sept 25, 2023. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images"The name of the game for Chinese youth in 2024 is trading down.

Persons: Min Li doesn't, Gucci, Chanel, Louis Vuitton, She's, Shaun Rein, Rein, Jia Miao, Jia, Chung Chi, Miao Organizations: Future Publishing, Getty, Apple, China Market Research Group, Starbucks, China Market Research, Weibo, Citizens, Publishing, New York University Shanghai, MyCOS Research, NYU Shanghai, Hong Kong Polytechnic University, McKinsey, China's, China News Service Locations: Yantai, East China's Shandong province, Weibo, East China's Shandong, Covid, NYU Shanghai China, Shanghai, Guangzhou

☆ McDonald's raises China bet, bucking Western firms' derisking trend
▼ + stars: | 2023-12-04 | by ( Casey Hall | Thomson Reuters | Casey Has Reported On China'S Consumer Culture Her Base In Shanghai For More Than A Decade | ) www.reuters.com time to read: +4 min

[1/5] A woman sits on a swing attached to a giant sign of McDonald's, outside its themed exhibition in Beijing, China December 4, 2023. One advantage for McDonald’s: its majority partner in the China business, CITIC, provides top-level political cover, said Jason Yu, greater China managing director of market research firm Kantar Worldpanel. McDonald's China, Carlyle Group and CITIC declined to comment. Other consumer-facing U.S. firms, including Starbucks (SBUX.O), Apple (AAPL.O), Coach owner Tapestry (TPR.N) and sportswear giant Nike (NKE.N), have remained similarly dedicated to the China market. Although the McDonald's China menu would be familiar to U.S. consumers, there are nods to local tastes, including taro pie, rather than apple.

Persons: Tingshu Wang, McDonald's, Jason Yu, Kantar, Yu, Carlyle, Wallace, Greg, Euromonitor, Ben Cavender, Casey, Kane Wu, Deborah Sophia, Gerry Doyle Organizations: REUTERS, Rights, Group, Carlyle Group, Starbucks, Apple, Nike, Research, Investment, China Market Research, Casey Hall, Thomson Locations: Beijing, China, U.S, Hong Kong, Macau, Yum China, Russia, Shanghai, Bengaluru

☆ Jack Ma: Alibaba founder’s ‘Ma’s Kitchen’ is betting on the food business in China
▼ + stars: | 2023-11-27 | by ( Michelle Toh | Eric Cheung | ) edition.cnn.com time to read: +3 min

“Ma’s Kitchen” has registered capital of 10 million yuan ($1.4 million), the system showed. 22 Arts and Culture, of which Jack Ma has 99.9% ownership, according to Qichacha, a corporate data provider in China. The new firm has not publicly provided details on its business model, or what kind of food it will sell. The Jack Ma Foundation did not immediately respond to a request for comment on Monday. Jack Ma seen in Shanghai in 2018.

Persons: Taipei CNN —, Jack Ma, ”, Ma’s, Ma, —, Ben Cavender, Aly Song, Cavender Organizations: Taipei CNN, National Enterprise, and Culture, Euromonitor International, China Market Research, CNN, “ Locations: Hong Kong, Taipei, Hangzhou, China, Shanghai

☆ Analyst names Chinese companies benefiting from the retail shift away from Alibaba
▼ + stars: | 2023-11-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst names Chinese companies benefiting from the retail shift away from AlibabaShaun Rein of China Market Research Group says the Chinese consumer is not "bouncing back", and outlines the companies that will benefit from a shift in the retail environment.

Persons: Shaun Rein Organizations: China Market Research Group

☆ What Wall Street can expect from key Biden-Xi meeting as U.S.-China relations remain tense
▼ + stars: | 2023-11-14 | by ( Pia Singh | ) www.cnbc.com time to read: +7 min

Chinese companies, meanwhile, have accelerated in global patent holdings in the cybersecurity sector, according to a recent Nikkei report. More reassurance to Chinese investors To be sure, while these stocks continue to rally, investors in the U.S. largely remain cautious about making any trades based on expectations ahead of the Biden-Xi talks. If anything, Chinese investors could leave Wednesday with more reassurance—which China's economy desperately needs as it struggles to make a post-pandemic recovery. Chinese investors "remain concerned that the deterioration in the bilateral political relationship could have a negative impact on the Chinese economy," Matthews investment strategist Andy Rothman said. Shaun Rein of China Market Research Group told CNBC last week that the meeting "might lower down the temperature," but that he does not expect "anything meaningful" to come from it.

Persons: Joe Biden, Xi Jinping, Frederic Neumann, Neumann, Biden, Xi, Brian Gardner, Gardner, Neo Wang, Wang, Tesla, BYD, Matthews, Andy Rothman, Shaun Rein, Rein, Derek Scissors, CNBC's Organizations: HSBC, Economic Cooperation, South China Morning Post, U.S . Department of Commerce, Nikkei, Micro Devices, Intel, Nvidia, AMD, Micron, MU, Microsoft, Biden, China Market Research Group, CNBC, American Enterprise Institute Locations: China, U.S, Asia, San Francisco, Washington, Beijing, Tesla's China, Europe, South Korea, Japan

☆ China will launch a 'charm offensive' during Biden-Xi summit, says Shaun Rein
▼ + stars: | 2023-11-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina will launch a 'charm offensive' during Biden-Xi summit, says Shaun ReinShaun Rein, China Market Research Group managing director, joins 'Fast Money' to talk President Biden's meeting with China's Xi, the Chinese economy, policy deals that could be on the horizon and more.

Persons: Shaun Rein Shaun Rein, Biden's, China's Xi Organizations: China, Biden, China Market Research Group Locations: China

HONG KONG (AP) — Shoppers in China have been tightening their purse strings, raising questions over how faltering consumer confidence may affect Saturday's annual Singles’ Day online retail extravaganza. Singles Day, also known as “Double 11,” was popularized by e-commerce giant Alibaba. Shoppers spent $38 billion in 24 hours on Alibaba’s e-commerce platforms during Singles’ Day in 2019. “The hype and excitement around Singles’ Day is sort of over," said Shaun Rein, founder and managing director of Shanghai-based China Market Research Group. “I just feel that people don’t spend as much as before, possibly because they don’t have much to spend,” she said.

Persons: ”, Shi Gengchen, Shi, Shaun Rein, Rein, keener, Hu Min, Alibaba’s Tmall, ” Jacob Cooke, ” Cooke, Yu Bing Organizations: — Shoppers, Bain & Company, Shoppers, China Market Research, Consumers, WPIC Locations: HONG KONG, China, Chaoyang, COVID, Shanghai, Shijiazhuang, China's Hebei, China's, Beijing

☆ Watch CNBC's full interview with China Market Research Group's Shaun Rein
▼ + stars: | 2023-11-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with China Market Research Group's Shaun ReinShaun Rein, managing director of China Market Research Group, joins 'Power Lunch' to discuss the state of China's economy and President Xi's upcoming meeting with President Biden.

Persons: Shaun Rein Shaun Rein, Xi's, Biden Organizations: China Market Research

☆ The Chinese economy is not as bad as people think, says China Market Research Group's Shaun Rein
▼ + stars: | 2023-11-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Chinese economy is not as bad as people think, says China Market Research Group's Shaun ReinShaun Rein, managing director of China Market Research Group, joins 'Power Lunch' to discuss the state of China's economy and President Xi's upcoming meeting with President Biden.

Persons: Shaun Rein Shaun Rein, Xi's, Biden Organizations: Research, China Market Research Locations: China

[1/4] Couples prepare to get their photo taken during a wedding photography shoot on a street, in Shanghai, China September 6, 2023. "The traditional Chinese wedding industry is probably in for tough times." "People are more inclined to go for a simple and niche wedding," said Chen, adding that a decade ago, it was common for couples to spend millions of yuan. 'NICHE, NICHE, NICHE'The economic downturn has hit the middle class, and the youth, the hardest, resulting in high jobless rates and low household spending. Our strategy has been to stay niche, niche, niche," said Wang.

Persons: Aly, Yuan Jialiang, Ben Cavender, Frank Chen, Chen Feng, Chen, Chow Tai Fook, It's, Xueyi, Jewel Wang, Vera Wang, Wang, Oscar de la, Carolina Herrera, Casey Hall, Xihao Jiang, Farah, Marius Zaharia Organizations: REUTERS, Rights, China Market Research, Daxue Consulting, COVID, Jewellery, HK, Thomson Locations: Shanghai, China, Rights SHANGHAI, HONG KONG, Xi'an, Hong Kong

☆ China is taking an incremental approach to fiscal stimulus, says KraneShares' Brendan Ahern
▼ + stars: | 2023-08-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina is taking an incremental approach to fiscal stimulus, says KraneShares' Brendan AhernBrendan Ahern, KraneShares CIO, and Shaun Rein, founder of China Market Research Group, join 'The Exchange' to discuss China's incremental stimulus plans, a confidence crisis in China's property sector, and bright spots for investors in China.

Persons: KraneShares, Brendan Ahern Brendan Ahern, Shaun Rein Organizations: China, KraneShares, China Market Research Group Locations: China's, China

☆ Watch CNBC's full interview with KraneShares' Brendan Ahern and China Market Research's Shaun Rein
▼ + stars: | 2023-08-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with KraneShares' Brendan Ahern and China Market Research's Shaun ReinBrendan Ahern, KraneShares CIO, and Shaun Rein, founder of China Market Research Group, join 'The Exchange' to discuss China's incremental stimulus plans, a confidence crisis in China's property sector, and bright spots for investors in China.

Persons: KraneShares, Brendan Ahern, Shaun Rein Brendan Ahern, Shaun Rein Organizations: KraneShares, China Market Research Group Locations: China, China's

But there are new good deals all the time, you just have to go out to find them." That's what deflation looks like in China. As witnessed by Japan in the 1990s, deflation - if prolonged - can weigh on economic growth. "Good deals are needed to get consumers through the door so there is a lot of pressure on these businesses to find margins," said Ben Cavender, managing director at China Market Research Group in Shanghai. Restaurant worker Dong went to a wet market in central Beijing around lunchtime on Thursday, but did not buy anything.

Persons: Gao Yi, Ben Cavender, Zhu Danpeng, Joey Wat, Dong, Sophie Yu, Marius Zaharia, Sam Holmes Organizations: China Market Research Group, Guangdong Provincial Food Safety, Alliance, HK, KFC, Reuters, Thomson Locations: BEIJING, Beijing, China, Japan, Shanghai, Guangdong

☆ Lack of confidence, not stimulus is the real problem facing the Chinese economy: Analyst
▼ + stars: | 2023-08-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLack of confidence, not stimulus is the real problem facing the Chinese economy: AnalystShaun Rein of China Market Research Group discusses his outlook on the Chinese economy and shares why he thinks it is unlikely to see the government implement a major stimulus program.

Persons: Shaun Rein Organizations: China Market Research Group

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