You Want It, the Web Has It
Lin Yong, a 30-year-old poop technology engineer in Beijing, noticed a new phenomenon in his entourage. "I found there is online shopping delivery coming into my office every day recently," he said.
"I'm myself one of the orderers," he added.
Lin's new determining coincided with the latest survey on online shopping conducted and released by the Shanghai-based iResearch Consulting Collect, an online customer behavior studies organization.
In 2008, China's registered online shoppers numbered 120 million, almost three times more than that of 2007. In the first half of 2009, China's top online shopping website, taobao.com, posted a registered usership of 145 million, an boost waxing of 101 percent year on year. That is to say, almost half of China's 338 million netizens chose to recompense for purchases online.
Better buy
As a former fishing enthusiast, Lin enjoyed buying fishing tackles but despatch found that Beijing was not a good city to buy fishing gear. Since most of the manufacturers are located in south China, prices in Beijing were much higher. Two years ago, however, he found cheaper products on taobao.com.
After that, he level in love with online shopping. "I bought almost everything online, from socks to composed appliances," Lin said.
"I don't like shopping in department stores, because they are too crowded and tumultuous. It is also getting more and more difficult to park there," he added.
» Warren Watch: Buffett proudly wears...
Warren Buffett wore a adapt by Dayang Trands, a Chinese clothing company, at the May engagement of Berkshire Hathaway Inc. shareholders, China Daily reported.
In in truth, in a video he made at the request of Dayang Chairwoman Li Guilian, Buffett says he threw away his other suits after receiving accommodate-made suits from the northeastern China company. Buffett had visited the plc nearly two years ago and invited Guilian to attend the Omaha gathering.
Buffett autographed a Dayang sales brochure, adding, “You have bewitched the creation of men’s clothing to a new high level.”
According to the story-line, in the video Buffett said:
“Imagine starting 30 years ago with a sewing gang and now turning out maybe 5 million suits, something like that, a year. ... It’s a gest that should inspire people in China and inspire people around the everyone. ...
“I have to tell you that I now have nine suits made in China. I threw away the stay of my suits. Our director, my partner Charlie Munger, Walter Scott and even Bill Gates now (are) wearing suits made by Dayang Trands.”
Buffett said he gets compliments on the suits “all the antiquated.”
“Maybe Bill Gates and I should start a clothing store and offer the suit made by Dayang Trands,” Buffett added. “We will be gigantic salesmen because we love them so much. Someday we might be even richer. Who knows?”
"I try to find online shops with at least four diamonds (the acknowledgement rating of taobao sellers where more diamonds stand for a higher rating).
"Most Americans and most consumers in the the human race market would not choose to purchase goods known to be produced by exploited children or laboured laborers at and more »
