Showing posts with label chinese economy. Show all posts
Showing posts with label chinese economy. Show all posts

Thursday, March 1, 2012

Dragon-themed Rolls-Royce for the Year of the Dragon


From: http://www.epmchannel.com/2012/03/01/rolls-royce-year-of-the-dragon/

European luxury manufacturers have discovered a fresh new audience: China. The booming economy in the far-east has awoken a desire for European upper-class splendour. Huge names like Ferrari, Bentley, and Rolls Royce are now successfully positioning themselves in the Chinese market with great success.

Exclusive for China

The importance of the Chinese market is perfectly illustrated by Rolls Royce’s new “Year of the Dragon” special-edition model. It’s a new version of the Rolls Royce Phantom (in production since 2003) aimed specifically at far-eastern buyers. The British manufacturer's venture into the far east is further testimony to the widespread appeal of their 400 000 to 470000 Euro luxury limousines.

Rolls Royce in red

Perhaps the most obvious characteristic of the “Year of the Dragon” edition is its specially developed metallic red paint. A golden stipe with a striking dragon logo stretches over the length of the limousine. The interior is finished in matching red leather, and the dragon logo is also found on the seating headrests - quite a change from the normally subtle Rolls Royce colors. A “Year of the Dragon – 2012” script that runs along the door panels provides the finishing touch.

Specifications remain unchanged

The technical aspects of the “Year of the Dragon” edition Phantom remain unchanged: a 12-cylinder motor (6740 cm2) provides 338 kw/ 460 hp at 5350 rpm, with the maximum torque of 720 Newton meters reached at 3500 rpm. Details about when the special edition will go on sale and what it will cost remain a mystery. We can however assume that it will be released sometime during this, the year of the dragon.

Saturday, November 12, 2011

What's in a Chinese Name?

http://www.nytimes.com/2011/11/12/world/asia/picking-brand-names-in-china-is-a-business-itself.html?_r=1&scp=1&sq=Picking%20Brand%20Names%20in%20China%20Is%20a%20Business%20Itself&st=cse

Picking Brand Names in China Is a Business Itself

By

BEIJING — After a hard day’s labor, your average upscale Beijinger likes nothing more than to shuck his dress shoes for a pair of Enduring and Persevering, rev up his Precious Horse and head to the pub for a tall, frosty glass of Happiness Power.

Or, if he’s a teetotaler, a bottle of Tasty Fun.

To Westerners, that’s Nike, BMW, Heineken and Coca-Cola, respectively. And those who wish to snicker should feel free: the companies behind these names are laughing too — all the way to the bank.

More than many nations, China is a place where names are imbued with deep significance. Western companies looking to bring their products to China face a problem not unlike that of Chinese parents naming a baby boy: little Gang (“strong”) may be regarded quite differently than little Yun (“cloud”). Given that China’s market for consumer goods is growing by better than 13 percent annually — and luxury-goods sales by 25 percent — an off-key name could have serious financial consequences.

And so the art of picking a brand name that resonates with Chinese consumers is no longer an art. It has become a sort of science, with consultants, computer programs and linguistic analyses to ensure that what tickles a Mandarin ear does not grate on a Cantonese one.

Art “is only a very, very tiny piece of it,” said Vladimir Djurovic, president of the Labbrand Consulting Company in Shanghai, which has made a business of finding names for Western companies entering the Chinese market.

Maybe. But there is a lot of artistry in the best of the West.

The paradigm probably is the Chinese name for Coca-Cola, Kekoukele, which not only sounds like Coke’s English name, but conveys its essence of taste and fun in a way that the original name could not hope to match.

There are many others. Consider Tide detergent, Taizi, whose Chinese characters literally mean “gets rid of dirt.” (Characters are important: the same sound written differently could mean “too purple.”)

There is also Reebok, or Rui bu, which means “quick steps.” And Colgate — Gao lu jie — which translates into “revealing superior cleanliness.” And Lay’s snack foods — Le shi — whose name means “happy things.” Nike (Nai ke) and BMW (Bao Ma, echoing the first two sounds of its English and German names) also have worn well on Chinese ears.

Still, finding a good name involves more than coming up with clever homonyms to the original English.

“Do you want to translate your name, or come up with a Chinese brand?” said Monica Lee, the managing director of the Brand Union, a Beijing consultancy. “If you go for phonetic sounds, everyone knows where you are from — you’re immediately identified as a foreign brand.”

For some products, having a foreign-sounding name lends a cachet that a true Chinese name would lack. Many upscale brands like Cadillac (Ka di la ke), or Hilton (Xi er dun), employ phonetic translations that mean nothing in Chinese. Rolls-Royce (Laosi-Laisi) includes two Chinese characters for “labor” and “plants” that more or less have become standard usage in foreign names — all to achieve a distinct foreign look and sound.

But on the other hand, a genuine Chinese name can say things about a product that a mere collection of homonyms never could. Take Citibank, Hua qi yinhang, which literally means “star-spangled banner bank,” or Marriott, Wan hao, or “10,000 wealthy elites.” Or Pentium, Ben teng, which means “galloping.” Asked to introduce Marvel comics to China, the Labbrand consultants came up not long ago with “Man wei” — roughly phonetic, foreign-sounding and eminently suited to superheroes with the meaning “comic power.”

To introduce Clear dandruff shampoo to young Chinese, who are already inundated with foreign brands, Ms. Lee’s firm decided to focus on the shampoo’s image. “It’s not about where this product comes from; it’s about the benefit it can bring to you,” she said. The ultimate choice, Qing Yang, combines the Chinese words for “clear” and for “flying,” or “scattering to the wind.”

“It’s very light, healthy and happy,” Ms. Lee said. “Think of hair in the air.”

“Clear” is one of a select number of Chinese words that carry unusually positive connotations, and that find their way into many brands’ names. Others include “le” and “xi,” or happy; “li,” meaning “strength” or “power”; “ma” or horse; and “fu,” translated as “lucky” or “auspicious.”

Thus the name for Heineken beer, Xi li, and the many automobile brands — Mercedes, BMW, even Kia — that include a horse in their Chinese names (one Kia sedan is named Qian li ma, or “thousand-kilometer horse,” an allusion to strength).

Precisely why some Chinese words are so freighted with emotion is anyone’s guess. But Denise Sabet, the vice general manager at Labbrand, suggests that the reasons include cultural differences and the Chinese reliance on characters for words, rather than a phonetic alphabet. Each character is a collection of drawings that can carry meanings all their own.

Then again, some meanings are best avoided.

Microsoft had to think twice about bringing its Bing search engine here because in Chinese, the most common definitions of the character pronounced “bing” are “disease,” “defect” and “virus” — rather inauspicious for a computer product. The revised name, Bi ying, roughly means “responds without fail.”

Peugeot (Biao zhi) sounds enough like the Chinese slang for “prostitute” (biaozi) that in southern China, where the pronunciations are especially close, the brand has inspired dirty jokes. And in China, the popular Mr. Muscle line of cleaners has been renamed Mr. Powerful, (Weimeng Xiansheng). The product’s maker said in an e-mail that it had forgotten why.

But it could be that when it is spoken, the name Mr. Muscle has a second, less appealing meaning: Mr. Chicken Meat.

Adam Century and Li Bibo contributed research.

Wednesday, March 10, 2010

Coal Boss' family wedding in ShanXi, China

ShanXi was traditionally a very poor area in China until the recent discovery of vast coal deposits. Have a look at a coal boss' family wedding.




Lead cars included Rolls Royces and Lamborghinis, Mercedes, BMWs and Porsche Cayennes. The groom's house was brand new, covered in celebratory balloons.


The brides house was just as glamorous (sans balloons). Wedding dowry included checks, gold bars and gold rice bowls, plus a white lamborghini. The bride sported a 3,000 RMB manicure.