"Everybody wants rich Chinese Tourist"

lundi 22 août 2016

Tencent win the Internet Battle fight with Wechat

Tencent win the Internet Battle fight with Wechat 

Tencent, the largest entertainment company and online social network in China, reported a jump of 47% of the second quarter earnings. Net income for the quarter stood at 10.9 billion yuan ($ 1.6 billion, £ 1.23bn), beating analysts' expectations. Revenues grew at its fastest pace in more than three years, the company said, rising from 52% to 35.7bn yuan. Tencent is best known for its WeChat messaging application, which dominates the local market. Market dominance Three Internet giants in China, the company's online games and social media Tencent is the largest, but least known in the West. Tencent has not attracted the same attention as global rivals: Alibaba, with charismatic millionaire entrepreneur Jack Ma at the helm, and Baidu, the local equivalent of Google. However, its WeChat service is roughly greater application, it is in China. According to many Chinese users it is ahead of anything people use elsewhere. source BBC

Wechat a crazzy APP 

WeChat offers just about all of the mail to the call, mobile games, deliveries of food and online purchases, payments, even down to split the bill when you're with friends. The application has more than 700 million people who use and unparalleled dominance in the Chinese market, but it is not the main source of income of Tencent. "Online gambling has long been the driver for Tencent and it is essential to understand the composition of income," Duncan Clark, technology analyst and CEO of BDA Consulting in Beijing, told the BBC. Gaming giant In June, it was announced that Tencent Holdings and its partners to buy a majority stake in the Finnish manufacturer's Clash of Clans play. The deal values ​​Supercell approximately $ 10.2 billion (£ 6.95bn) and Tencent will buy the game Softbank Group of Japan, which has invested in Supercell in 2013.

Its key element is the integration of a wide range of all online services combined in one application.

Social Networks in China ! 

Social media most avid users include those who derive pleasure from envy of their peers. Facebook, Instagram and others offer a myriad of ways to show, from displaying the latest handbag in social concern advertising through a charitable donation announced publicly.

Some tourism Companies invest in Wechat
see examples here.

Luxury Company invest in Wechat ! 

That's why luxury companies like LVMH have seen a huge increase in the use of social media among buyers of exclusive products, limited edition, particularly in the key markets of growth in India and China. Naturally, LVMH began using social media to identify and market to customers who most enjoy a upping their friends. Theoretically, this select group of customers - if they could be identified - would jump at the chance to buy a product intended for them. So far, though, LVMH's efforts to what we call "selective sales" have been hampered by random collection of information and the volume of available data. Complete integration of e-commerce and social media represented by WeChat could contain the solution. Some companies have already begun to exploit the opportunities - for example, Tiffany & Co. uses the official WeChat account to refine customer segmentation. Hitting the bull's-eye will depend on the ability of a brand to identify customers, with all their social media connections, are the targets of high value for selective distribution. That's where our research comes.

With Wechat you can Know your customers! 

  In our study, we used mathematical models to reproduce the typical behavior of the followers of social media who like to show. We also took into account the fact that firms differ in what they know about their customers on social media. Some know nothing or almost nothing. But there are two types of information that are useful: the degree of connectivity (ie how many friends each customer) and the degree to which each client participates in a consumerist bidding (researchers call this "conspicuity"). Totally uninformed companies obviously can not engage in segmentation; companies that have one or two types of customer information may use all available data to curate their target set of customers. Try different combinations gave some interesting general principles. First, the most popular clients are not the high value the most. Fully aware of the business did better when they have targeted customers with a high level of visibility and an intermediate number of disciples, high enough to touch off the purchase of the desired effect envious, but not high enough to reduce the novelty of product - and by extension, its value in the game of competitive consumption - too. Second, not all information is created equal customer. We found that how many friends each customer is much more valuable than knowing their propensity to show on social media. The two types of information is better than no information, but none of the conspicuity information added value for companies who already knew the extent of social network connections to their clients. Overall, the value add information conspicuity amounted to between two and six percent profit gain, while the connectivity information to profit gains ranging from five to 30 percent.

Like many other high-tech Chinese companies, Tencent was first labeled as a copycat, fill the vacuum created by Beijing banning Western online companies to enter the Chinese markets.

Wechat better than Taobao... baidu 

source : http://www.cnbc.com/2016/08/17/tencent-overtakes-alibaba-as-chinas-most-valuable-tech-company-as-wechat-owner-posts-strong-results.html 

Youtube was replaced by Youku, Google with Baidu, Alibaba by Amazon, while WeChat has taken the place of WhatsApp.

Tencent is also QQ ... 

It was originally developed on QQ was a Chinese version of the pioneer ICQ desktop email. And there is some truth in the assessment that these companies have their first ideas to be modeled on a Western society. But the days of simply copying are more, many of these companies have mastered the plan they were built on - and often developed further away. "China is increasingly the center of mobile innovation," says Clark. "It is rather that there is a difference now in the West, because people tend to miss what happens in China.

mercredi 20 juillet 2016

Interesting video : Top 10 Tourist Attractions in China

This video explains about Top 10 Tourist Attractions in China. China, officially the People's Republic of China (PRC), is a sovereign state in East Asia. China is the world's second-largest country by land area, and either the third or fourth-largest by total area, depending on the method of measurement.. The Great Wall of China, Forbidden City, Li River Cruise, Leshan Giant Buddha are top tourist places in China. You can vacation to these best places to visit in China. This list of attractions can be your references before you travel to China.

 Top 10 Tourist Attractions in China

vendredi 24 juin 2016

Bad news for Indonesia Tourism

"The capabilities of the military...in securing our seas should be improved, whether it's technology or general preparedness," Widodo said, according to a presidential palace statement.
A Chinese fishing boat was attacked last Friday while fishing in waters of Natuna a 272-island archipelago off the northwest coast of Borneo in the South China Sea islands. The island archipelago has about 70,000 residents and is administered by Indonesia.

On Sunday, Foreign Ministry spokeswoman Hua Chunying Chinese described the incident as such, "While normally operates in traditional fishing areas in southwest China South China Sea on June 17, the Chinese fishing boats were harassed and they fired several navy ships Indonesia. a Chinese fishing boat was damaged and injured member of the crew shot, while another fishing boat and the seven people on board were arrested by the Indonesian side. "

Indonesia Refuses to Bow to China in the South China Sea

Indonesia's president held a cabinet meeting aboard a warship off the Natuna Islands on Thursday, asserting sovereignty over waters in the southern reaches of the South China Sea after Beijing stated its "over-lapping claim" on nearby waters. As a result of the incident, Beijing lodged a strong protest to Jakarta through diplomatic channels, claiming that Indonesian "international laws violated including the United Nations Convention on the Law of the Sea (UNCLOS) and the Declaration on the Conduct of Parties in the South China sea (DOC). China strongly protests and condemns the excessive use of force. China calls on the Indonesian side to stop taking actions that complicate, exaggerate the difference and undermine peace and stability, and handling the issue of fishing in the sea in a constructive way. "

The New York Times reported that Chinese nationalists are outraged by the use of force by the Indonesian side. A user wrote via Weibo (microblogging platform similar to Twitter in China) "You call yourself a great and mighty nation, but how is that a small country like Indonesia dare slap in the face?" In the same Times article, another Weibo user reportedly wrote, "Where is the hard-line faction in the army? It's your turn to make an appearance now."

However, the issue of fishing is not as simple as the nationalists would like to believe. While Beijing claims 90 percent of the South Sea China, with its self-proclaimed "nine-dash-line" or "cow tongue", Beijing recognized in 2015 claiming Jakarta chain Natuna islands, stating that "the Chinese side has no objection to the sovereignty of Indonesia over the Natuna Islands." While the islands are outside the "line of nine script", but also create an exclusive economic zone of 200 miles, or EEZ which excels in waters claimed by Beijing.

Beijing, however, is a signatory to the Convention and under the Convention, the islands whose population is entitled to an EEZ of 200 miles, which gives Indonesia and its exclusive rights fishermen fishery resources in that area. Moreover, the concept of "traditional fishing", presented by the Ministry of Foreign Affairs of China, is not recognized in the Convention.

Chinese outbound tourism Market for indonesia

This last argument is the third since March, when a Ministry of Fisheries and Marine Affairs of Indonesia patrol vessel intercepted a Chinese fishing boat of 300 tons approximately four kilometers from the Natuna islands chain within the territorial limits of Indonesia indisputable. In that incident, the Indonesian patrol boat fired warning shots of small arms in the Chinese fishing boat, forcing them to stop and the Chinese fishermen were transferred to the Indonesian patrol ship. A Chinese coast guard ship then arrived on the scene, repeatedly ramming the Chinese fishing boat until it was free and then retrieve the fishing boat.

At that time, the Ministry of Foreign Affairs of China also made the argument that the incident occurred within the traditional fishing areas of China and the Chinese coast guard vessel assisted by the Chinese fishing boat seized without going Waters-territorial Indonesia despite It is only four kilometers away from an island of Indonesia. In addition, by using its own coastguard boat as a battering ram,

This kind of New will scare Chinese travellers  ! 


samedi 18 juin 2016

Why outbound Chinese real estate is booming !

Chinese citizens became the largest foreign buyers of homes in the United States last year as they poured more than $ 150 million in real estate over the past five years, a new study has found.

 Key points:

  • Canadians have been relegated to the second to the Chinese purchases of US homes Surge has helped the housing market recover from the economic crisis of 2008 Chinese buyers pay an average of more than $ 1 million home
  • And despite a slowdown due to the repression of Beijing on capital outflows, is likely to double that in the second half of this decade, the study of the Asia Society and Rosen Consulting Group.

Chinese Real Estate Buyers 

The huge increase in Chinese buying both residential and commercial real estate has helped the housing market recovers from the crisis that began in 2006 and the economic crisis of 2008 was precipitated.
"What makes it different from China and noteworthy is the combination of the high volume of investment (and) the extent of their participation in all categories of real estate," including a "unique entry into home purchases" said the study.

The study authors said their numbers, based on industry data real public estate and underestimates the total, as misses purchases made by front companies and trusts that does not identify the source of the funds.
According to the study, Chinese purchases of US households far exceeded its investment in commercial buildings and land.

$ 23 million in the commercial property market,

Between 2010 and 2015, Chinese buyers put more than $ 23 million in the commercial property market, with the latter half of last year alone.
However, during the same period, at least $ 127 million was allocated to households in the United States, and in the 12 months to March 2015 - the latest period for which they could obtain data relatively complete - purchase housing amounted to $ 39 million. That put Canadians last Chinese, who have long been the biggest foreign buyers of US residential real estate.

Geographically, Chinese buyers are concentrated in the most expensive markets: New York, Los Angeles, San Francisco and Seattle, but Chicago, Miami and Las Vegas have also been drawn buyers.

dimanche 8 mai 2016

Chinese Search Engine Baidu in trouble in China

Baidu is the number one search engine for Chinese tourists...

The death of a student following experimental cancer treatment I have found through China's biggest search engine, Baidu Inc (BIDU.O), has exposed the faultlines in the company's business model, Which Relies heavily on income from the country's lightly regulated health sector.

Problem of Advertising 

Before His death, Zexi student Wei, 21, Criticized the military-run hospital treatment failed That provided the misleading claims about prep prep for ITS effectiveness and Baidu Accused, controls 80 percent Which of the Chinese search market, of false medical information Promoting.

This week the health ministry investigation into an Began the hospital, while the internet Began an investigation into Baidu regulator.

The regulators Have not Said what, if any, Offences or regulations Might Have Been broken and did not respond to requests for comment. Analysts at Daiwa Said regulators Could be checking for compliance With China's Advertisements Law, says Which shouldnt medical industry advertising effectiveness Contain assertions about.

Baidu Said it was conducting an investigation and Simple past would fully Cooperate With the regulator.

It is not clear That conventional treatment - surgery to remove the tumor Typically - synovial sarcoma Would Have That cured the rare Suffered from Wei. Reuters has not Been Able to reach the hospital for comment.


Baidu has come in for fierce criticism for how it handles online search results Within ITS adverts, from an industry as sensitive as healthcare Especially, Which Nomura and Daiwa Analysts at say 20 to 30 percent Provides Its search of revenues. In 2015, 55.7 billion yuan search Were revenues ($ 8.6 billion), or 84 percent of Baidu's overall sales. "Whatever page you're looking at on Baidu is a mess of adverts," Said username FreedLiu on China's Weibo microblog, discussing Wei. "They're profiting from loads of People Who do not know Baidu auctions (its search results)." Baidu vigilance Said it applied to healthcare customers Particularly, with screening for misleading adverts and a verification program with additional scrutiny for medical advertisers.

"Over the years, we cleaned up the customer proactively Have basis," a company spokeswoman Said by email. It is not the first time the company has fallen foul of regulators and public review for ITS handling of healthcare ads and blogs, though it has not Suffered substantive Sanctions.

In 2008 it Said it would overhaul operations after state media STI Said it let unlicensed medical service providers buy high search rankings. The hospital Wei Treated That, however, is licensed by the Beijing Municipal government.

Baidu apologized for management failures

And in January Baidu apologized for management failures When the regulator found illegal internet content in Its search results and online forums, Including ads for unlicensed clinics. Also Baidu sold the rights to manage a disease discussion site to a company selling treatment for That illness, forum users Said. "Baidu has ADH issues come up About the types of medical ads since 2008 They accept," Said Mark Natkin, managing director of Marbridge Consulting in Beijing. BAD PRESS MOST Like search engines, Baidu places paid-for ads in Its search results, but in a series of Reuters search it included tests at Least twice as many ads as Alphabet Inc's (GOOGL.O) Google, Which is blocked in China, and Placed Its list them in higher. Though Baidu marks Such items as promotions, highlights the word Also Google "Ad" in a yellow box. Baidu's spokeswoman Said the number of adverts on a page Depend on the search subject and Whether it was on PC or mobile, but Declined to give specifics for healthcare-related searches. Google's policies list a string of restrictions on healthcare advertising, and Several searches by Reuters for health-related terms on the search engine produced no adverts. Baidu's smaller local rival Qihoo 360 Technology Co (QIHU.N) Said it does not support healthcare industry adverts.

Said ITS requirements for healthcare Baidu ads "are not public information, and we can only share our advertising customers With That".

Several criticism in state media outlets this week Suggests a hardening attitude in government. "Pursuing profits is not wrong, but putting profits over helpless patients' lives is any ethical standards Against," Said a column in the official People's Daily on Monday. Any decision by Authorities to restrict healthcare advertising materials to Baidu's Could have impact on earnings, a concern That Has Contributed to a sharp fall in shares in the last three sessions ITS.

New regulations 

The regulator did not return requests for comment on the Possibility of any such action. Daiwa Said 10 to 15 percent of Baidu's search revenue Could evaporate under a worst-case scenario.

Even without Such Measures, the damage to Baidu's reputation Could hit it in the pocket. "The overwhelming negative press coverage over this incident Could Once Again shake Internet users' trust in Baidu's search results, Especially When people search for healthcare-related information," Said Nomura. "This would, in turn, Affect the performance for healthcare-related ads on Baidu, in our view."

More information on Baidu SEO


jeudi 5 mai 2016

Top Asian Destination for Chinese travellers

Singapore is no longer just a stop-over point for tourists catching connecting flights to beaches in Thailand and Bali. More travelers are making the city state their final destination, in large part after ending a decades-old ban on casinos that’s helped to double the number of Chinese visitors to the country.
Tourism is proving to be one of the bright spots in Singapore’s otherwise sluggish economy. Official figures show income from tourism surged 25 percent in the four years since the first two casino resorts were opened in 2010 — flashy and modern complexes housing hotels, shopping malls and restaurants. Credit Suisse said last month that tourist arrivals this year will probably exceed forecasts from the Singapore Tourism Board, climbing as much as 8 percent to 16.5 million compared to 2015.

sources :