Buying Prada suits, not shares - Shaun Rein

Shaun Rein

Prada is not doing as well as Gucci and Louis Vuitton in branding themselves in China, and Shaun Rein tells at CNBC why he would buy their suits, but not their shares. China might be skipping import taxes on luxury goods for stimulate sales, so having a decent retail operation in China is crucial.

Also: Shaun Rein expects China to become a world financial center faster than most think, with the Renminbi as a reserve currency.

More at CNBC

Shaun Rein is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch.

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