Comments by "Peter Jacobsen" (@pjacobsen1000) on "China Update"
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I'll try to give an answer. There is no official list of tiered cities, so people will often disagree.
-First tier: Beijing, Shanghai, Guangzhou, Shenzhen
-Second Tier: Other major cities, especially along the coast: Hangzhou, Suzhou, Nanjing, Ningbo, Xiamen, and some major provincial capitals in the interior
-Third tier: Large cities in the interior, including many provincial capitals
-Fourth tier: County seats and smaller cities, though in the Chinese context, they may still have a population of 1-4 million.
Another way to look at it, used to be popular in the expat community:
-First tier: Has tons of international brands and Shake Shack, Burger King, Starbuck's, McD's, KFC
-Second tier: Has Starbuck's, McD's, KFC
-Third tier: Has McD's, KFC
-Fourth tier: Only has KFC
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@naguoning "Of course in China BYD is slapping VW." Not quite. VW and BYD sales are neck and neck for 2023, with each having sold just about 3 million vehicles, including both EV and gas cars.
I live in Shanghai, and we certainly see a lot of Chinese EVs, incl. BYD, but there are also still a lot of the old brands being sold: VW, BMW, Toyota, GM, Hyundai, etc. These are all popular and respected brands in China, and people like to buy them (still). There is no indication that Chinese people have suddenly decided to reject western brands.
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