The market for men’s grooming products is growing around the world. It’s been a big trend in the United States, and now we see evidence that it is growing in Taiwan as well.
The largest Online shopping site in Taiwan officially launched a men’s care section to satisfy growing demand in the men’s grooming market in Taiwan, an official from Yahoo!Shopping Mall said in a press conference Monday.
Men’s cosmetics sales in Taiwan grew 73 percent in the first quarter of 2010 compared to the same period of last year, according to sales performance statistics released by the online shopping company.
Sales of facial mask products showed fast growth, while other ranges, such as skin care and anti-acne creams, have also seen sales increase significantly in the first quarter of 2010, said Hsu Chen-fei, the company’s product director.
As the US auto market continues to resurge, Nissan is reporting higher profits in both the US and Chinese markets than anywhere else. Preliminary forecasts suggest that profits should more than triple over the coming year as demand finally starts to make a comeback. Nissan also has new products coming to both markets over the course of the year, which will no doubt boost brand sales across the board.
From AutoNews.com:
CEO expects Nissan’s sales in China to increase 14 percent this fiscal year, while North American deliveries may increase 13 percent to 1.2 million as the world’s second-largest auto market recovers from a recession.
Chinese actress Fan Bingbing, actor Qin Hao, director Wang Xiaoshuai and actor Zi Yi arrive for the screening of the movie “Rizhao Chongqing” (Chongqing Blues) during the 63rd Cannes Film Festival.
While the American automobile industry continues to struggle, the Chinese market is proving to be fruitful ground for manufacturers to expand their business. Nissan recently announced plans to increase production for China to more than 900,000 units per year by 2012.
A big part of the Nissan plan is a new mid sized sedan named the Kizashi.
From theTruthAboutCars.com:
Did we say that Japanese brands have to do something to stop the erosion of market share in China? Nissan took the advice and said today that they started construction of their second factory in China’s southern Guangdong Province. According to The Nikkei [sub], the factory will open in 2012 with an annual capacity of 240,000 vehicles.
The plant is part of Dongfeng Nissan, a joint venture between Nissan and Dongfeng Motor Co. Together with their first plant, Nissan will have capacity for 600,000 units in China. By end of 2012, Nissan plans to increase their total annual capacity to 900,000 units, up 70 percent from the 2009 level.
Taiwan is to open its first office in mainland China since the two sides split at the end of civil war in 1949.
The office – known as the Taiwan Strait Tourism Association’s Beijing Office – will try to encourage more Chinese tourists to visit the island.
The opening of the office is a further sign of improving cross-strait ties.
Taiwan’s President Ma Ying-jeou came into office in 2008 focusing on reducing tensions between the two former rivals.
Since Mr Ma opened up Taiwan to Chinese tourists in mid-2008, the number of Chinese visitors to the island has skyrocketed.
The photo above shows Chinese tourists leaving a duty-free shop in Taipei, Taiwan. Taiwan opened its first tourism office in Beijing to promote tourism and handle tourists’ problems, but will not issue visas.
Taiwan and China split at the end of a civil war in 1949. Tension eased in the late 1980s when Taiwan allowed its citizens to visit China. Last year, some 4 million Taiwanese visited China, while 970,000 mainlanders visited Taiwan.
One of the more stylish and funky cars I’ve seen in awhile. Would you believe it was a Citroen? Yeah, a Citroen. I’m not sure what more evidence the world needs that the Chinese market is the automotive frontier. The car was designed in Shanghai and you can bet it will turn heads when it debuts over there.
From theTruthAboutCars.com:
That’s right, it’s a Citroen. Inspired by the success of German brands in China’s luxury segment (and possibly problems with its taller offerings), this Metropolis Concept was designed in Shanghai as a vision for a French entry in that burgeoning market segment. It also seems more than a little inspired by Jaguar’s stunning new XJ, just as its sister brand’s recent Five By Peugeot Concept seemed to take some cues from Jaguar’s XF. Could Ian Callum be in danger of being wooed away by the French?
The Chinese got busted. Do we really think this is the only violation?
Chinese sports fans reacted with anger to the news that gymnast Dong Fangxiao had been stripped of her Olympic medal. But their ire was directed at the Chinese government, not the International Olympic Committee.
“Cry for Dong Fangxiao, Victim of the Sports System” read the headline on today’s post by Li Jiayang, sports columnist on the popular Netease web portal.
“Competing for her local team in the Chinese National Games, she damaged her knee permanently, in order to win an Olympic medal for the national team, her age was hidden (I don’t dare to use the word ‘falsify’ which may cause trouble)” Mr. Li wrote, “and she has been humiliated. It’s enough to make you cry.”
On Wednesday, the IOC resolved a decade-old scandal with its decision to strip China of a gymnastics bronze medal from the Sydney Olympics for fielding an under-age gymnast.
The women’s team bronze will now go to the US team, following a finding that Dong Fangxiao was only 14 when she competed for China in Australia, two years younger than the minimum allowed.
That’s small consolation for the US team. Those girls were robbed of their shining moment by a system built on cheating.
Chinese President Hu Jintao and his wife Liu Yongqing along with France’s President Nicolas Sarkozy and his wife Carla Bruni-Sarkozy attend a welcome ceremony for the opening of the Shanghai World Expo in Shanghai. The sexy Carla Bruni makes a splash everywhere she goes!
Go here for more pics of Carla Bruni in Shanghai and Beijing.
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