Ni hao – welcome to the Taiwan category of this blog. This is where I share anything that relates to the island of Taiwan, business issues relating to Taiwan, people from the island of Taiwan, or Taiwanese-specific culture. I don’t post that often about Taiwan but given its strategic location, vibrant culture and importance in global manufacturing I’d like to remedy that.
Taiwan has a range of cultural exports including music, but most of that is focused addressing a Chinese speaking audience. Many of China’s stars actually come from across the strait. Many Chinese factories are actually owned and run by Taiwanese companies with many managers and engineers crossing the straits to work. They were as responsible for the success and opening up as their Hong Kong brethren who moved their factories upstream along the Pearl river delta.
The Republic of China to give it its formal name has had a complex history, acting as a cradle of traditional Chinese culture that was destroyed and remade on the mainland under Mao Zetong. He was looking to build a new country, while Chiang Kai-shek was looking to preserve as much of an old country as he could. The island across the strait was like a seed bank ready to regenerate the mainland at some point in the future.
Often posts that appear in this category will appear in other categories as well. So if the Palace museum launched a collaboration with a brand that had great design chops and that I thought was particularly notable that might appear in design as well as Taiwan. Or if there was a new white paper from the government of Taiwan, that might appear in ideas and Taiwan. If there are Taiwanese related subjects that you think would fit with this blog, feel free to let me know by leaving a comment in the ‘Get in touch’ section of this blog here.
Apple development changes was at the forefront of Apple’s WWDC keynote for 2025. I think that the focus on Apple development changes were happening for a few reasons:
Apple got burned announcing sub-standard AI offerings last year.
The new translucent interface is divisive.
The multi-tasking iPad was interesting for power users, but most usage is as a communal device to consume content.
Apple has a number of small on-device models that do particular things well. Which is why Apple needs to get developers on-board to come up with compelling uses.
The Mac still has great hardware, passionate developers and a community passionate about great life-changing software. Apple development focus was coming home.
Mooncakes were a big part of my time in Hong Kong and Shenzhen. This year, mid-September marked mid-autumn festival across Asia or known as Chuseok in Korea. It is similar to harvest festivals that happen elsewhere in the world.
It is celebrated in Chinese communities with mooncakes. Mooncakes traditionally have been made of fat filled pastry cases and lids filled with red bean or lotus seed paste and a salted dried egg yolk.
Mooncakes are moulded and have auspicious messages or symbols embossed on the top, like the double happiness ideogram which also appears on new year decorations and at weddings.
In the past mooncakes have been used to make political statements in Hong Kong where they were embossed with messages against the Fugitive Offenders and Mutual Legal Assistance in Criminal Matters Legislation (Amendment) Bill 2019. This mirrored mooncake history, where concealed messages were alleged to have been used to ferment rebellion against Mongolian rule in China centuries ago.
China saw a halving of mooncakes sold this year, compared to last year. This is a mix of fast-moving events like the state of consumer spending and longer term factors including gifting culture and attitudes to health and fitness.
The economy
The consumer economy seems to be doing worse than industrial output. Youth unemployment is still an issue.
Gifting culture
China saw a crackdown on premium priced mooncakes as part of a government move against ‘excessive consumption‘ driven by societal excess and ‘money worship’. This overall movement has dampened luxury sales. The Chinese government stopped officials buying mooncakes a decade ago as part of a crackdown on corruption.
Some consumers just aren’t into them
They were as divisive as Christmas cake is in Irish and British households. Brands like Haagen-Daz and Starbucks have looked to reinvent mooncakes into something more palatable.
Health and fitness
Health and fitness has been steadily growing as a trend in China. A number of reasons have been at play including changing beauty standards. Chinese women are still going to favour slimness over muscle, but home workouts and running have been increasing in popularity. The fitness industry has been growing and the Chinese government has also tried to foster interest in winter sports. So there would be a good reason to avoid ruining all the hard work that you put in by eating mooncakes.
Why Do Workers Dislike Inflation? Wage Erosion and Conflict Costs* by Joao Guerreiro, Jonathon Hazell, Chen Lian and Christina Patterson – workers must take costly actions (“conflict”) to have nominal wages catch up with inflation, meaning there are welfare costs even if real wages do not fall as inflation rises. We study a menu-cost style model, where workers choose whether to engage in conflict with employers to secure a wage increase. We show that, following a rise in inflation, wage catchup resulting from more frequent conflict does not raise welfare. Instead, the impact of inflation on worker welfare is determined by what we term “wage erosion”—how inflation would lower real wages if workers’ conflict decisions did not respond to inflation. As a result, measuring welfare using observed wage growth understates the costs of inflation. We conduct a survey showing that workers are willing to sacrifice 1.75% of their wages to avoid conflict. Calibrating the model to the survey data, the aggregate costs of inflation incorporating conflict more than double the costs of inflation via falling real wages alone
FMCG
Unilever ends up as a punching bag for Greenpeace and having their purpose blown up. As a campaign idea, the public celebration by the Dove brand team of the 20th anniversary of Dove’s real beauty positioning and creative left themselves open to this. Greenpeace used a skilful reframing in this creative.
The reason why the developing world seems to be disproportionately affected by plastic waste highlighted is for a number of reasons:
A lot of and paper and plastic recycling is shipped abroad. It used to go to China, but they declined to accept waste to recycle from 2018 onwards. So this waste went to other markets.
Developing markets have single portion packaging so that FMCG companies can distribute via neighbourhood shops and sell the product for the price a consumer can afford.
Plastic is easier to colour, manufacture, package and transport than glass, metal or coated paper. Biodegradable or effective post-use supply chains are well behind where they should be. And even if you were open to recycling, there may be brand issues.
The pairing of advertisers with consumers close to the point of purchase via rich, first-party data is leading to better ROI relative to other channels for some advertisers and is cited as a key driver of increasing retail media investment.
Retail media is growing in double digits every year; it currently accounts for around 14% of global ad spend and is projected to account for 22.7% of online advertising by 2026.
Retail media is no longer a ‘medium’ in the conventional sense but is instead evolving into an infrastructure underpinning the entire digital advertising ecosystem.
Luxury beliefs is a term that I came across from the writings of Rob Henderson. Henderson has a similar kind of story to JD Vance. Addiction in the family and escaping his home environment by enlisting in the US Air Force.
After his service Henderson used funding via the GI Bill to go to Yale. He then got a scholarship to go to Cambridge to do a doctorate. Like Vance he had written a memoir: Troubled: A Memoir of Foster Care, Family, and Social Class that highlights the challenges faced in working class American society including violence and addiction. In his book Henderson explores the idea of luxury beliefs, how they benefit the privileged and harm the most vulnerable in society.
What are examples of luxury beliefs?
The luxury beliefs Henderson cites are seen to be widely held progressive views including:
Defunding the police
Defunding the prison system
Decriminalising or legalising drugs
Getting rid of standardised exams – Henderson sees these as helping less privileged children get into college
Rejecting marriage as a pointless concept. – Henderson claims that one of the strongest predictors of success was if they were brought up in a nuclear family.
Henderson believes that the common thread that holds luxury beliefs together is that they are held by privileged people, the beliefs make them look good (and feel good about themselves), but harm the marginalised.
Luxury beliefs allow the privileged to look good by:
Playing the victim
Protest without penalty – which is less likely to happen to more marginalised protestors
Push the less privileged down
Henderson labelled this ‘saviour theatre’. Henderson reminded of previous generation protestors like Patty Hearst and participants in the Weather Underground’s Days of Rage which would seem to fit Henderson’s definition of holding luxury beliefs.
The store, which recently went viral on Chinese social media platform Xiaohongshu, not only sells house-made essential oils – must-have souvenirs for visitors from mainland China thanks to the exposure – but recreates the signature scents of popular malls and other venues in Hong Kong.
On its shelves are familiar – sometimes odd – concoctions. Bottle labels reference K11, a shopping mall in Tsim Sha Tsui, the five-star Rosewood Hotel, and the Hong Kong International Airport. Sportswear brand Lululemon has one too.
The consequences of the psychoboom are both logical and contradictory. As the Chinese economy has expanded and citizens have grown wealthier, the demands of everyday life have grown in number and kind, expanding from physiological and safety concerns to a desire for love, esteem, and self-actualization. At the same time, such desires run counter to traditional Chinese values like the age-old concept of Confucian filial piety and the relatively new ideology imposed by the Chinese Communist Party (CCP), both of which place the well-being of the collective above the happiness of the individual.
Morgan Stanley, Goldman Sachs Say Recovery in Private Equity Deals and Fees – Bloomberg – Morgan Stanley and Goldman Sachs Group Inc. are confident that their most important clients are about to get active after a long spell on the sidelines and help goose the long-awaited revival in investment banking fees. The private equity deal machine has been mostly jammed up for the past two years, leaving many investment bankers twiddling their thumbs while their bosses talked up green shoots that failed to flourish. There are plenty of potential road bumps ahead, but there’s reason to put more weight on the better outlook now even compared with just three months ago: The wave of debt refinancing that has led banks’ revenue recovery this year has also been helping to fix the prospects of many companies owned by private equity firms
Sony is killing off recordable Blu-ray, bidding farewell to disc burning | TechSpot – Sony admitted it’s going to “gradually end development and production” of recordable Blu-rays and other optical disc formats at its Tagajo City plants in Miyagi Prefecture, Japan. Essentially, 25GB BD-REs, 50GB BD-RE DLs, 100GB BD-RE XLs, or 128GB BD-R XLs will soon not be available to consumers. Professional discs for video production and optical archives for data storage are also being discontinued. – the big shocker is the issue for archival formats
“When launching products back then, we didn’t have to have a profit timeline for them,” said a former longtime devices executive. “We had to get the system in people’s homes and we’d win. Innovate, and then figure out how to make money later.”
To do that, the team had to keep prices low. Amazon sometimes even gave away versions of the smart speaker as part of promotions in a bid to get a larger base of users.
Another Danish biotech can help investors’ hunger for obesity drugs | FT – this probably explains why Zealand pivoted from taking its medications to market to becoming research and selling on as its not big enough to exploit this opportunity on its own. (Full disclosure, I worked briefly on the diabetic emergency injection product until the company pivoted).
Age of Ozempic: Predictions for the luxury industry | Vogue Business – Analysts agree that the pop culture influence of weight loss drugs is giving luxury labels and mass-market brands, alike, licence to refocus on straight-size. “Luxury brands have long been staunchly unwilling to cater to plus-sizes outside of the occasional token representation, but typically premium and mass players would invest more readily in plus-size,” says Marci. “Now we’re seeing the effects of Ozempic and weight loss culture on retail as a whole.”
Already, a host of US-based retailers and fashion companies including Rent the Runway are seeing boosted demand for smaller clothing sizes, and falling demand for larger sizes, according to The Wall Street Journal. Retailers have been investing in fewer products that offer larger sizing
EssilorLuxottica expands into streetwear with $1.5bn Supreme deal – the deal was a “no brainer” and had happened “very quickly” because VF was under pressure to divest its most “iconic asset”. EssilorLuxottica planned to use Supreme’s wealth of customer data and its Gen Z fans in China, Japan and South Korea to target new consumers – it shows how good a deal James Jebbia got with private equity and VF Corporation
Lewis Hamilton Named Dior Ambassador | BoF – formula 1 driver and pit lane dandy has also worked with Dior men’s artistic director Kim Jones to guest design a collection of clothing and accessories set to launch in October
Even Disinformation Experts Don’t Know How to Stop It | New York Times – Researchers have learned a great deal about the misinformation problem over the past decade: They know what types of toxic content are most common, the motivations and mechanisms that help it spread and who it often targets. The question that remains is how to stop it.
A critical mass of research now suggests that tools such as fact checks, warning labels, prebunking and media literacy are less effective and expansive than imagined, especially as they move from pristine academic experiments into the messy, fast-changing public sphere.
The train of thought to this post about Hong Kong measurements started with a friend’s class learning do-it-yourself skills. I had rented an apartment when I lived in the city and had no need to do home repairs myself. I wondered past hardware stores, saw metric drill bits and rules.
Metric
My supermarket-bought groceries had their measurements on in metric. Hong Kong measurements go back to history and culture. I knew more about traditional measurements from traditional Chinese medicine shops and period Hong Kong cinema than the local ‘wet’ markets.
I didn’t drive, but the speed limits were all in Km/H like Ireland. Pedestrian signs for the most part didn’t need distances because everything is so compact and the public transport so good.
If I had driven, I would have seen distances in kilometres on the expressway. In fact, the only time I can remember using distances on pedestrian signs were on hikes like this one below, with distances in kilometres and approximate time that the walk should take.
What became apparent in my discussion that that Hong Kong measurements are more complex than would appear at a cursory glance.
Inches and pints
The method of instruction in the do-it-yourself was predominantly imperial measures with a metric equivalent being secondary. Timber could still be provided in 2×4 inch planks. Both imperial and metric drill bits were available to buy.
You could order a pint, though like many other countries, you will be served a 1/2 litre glass in most bars.
The laws governing weights and measures in trade is covered by the Weights and Measures Ordinance. This was drafted in 1988, came into force in 1989 and has been amended for formatting since. The related Weights and Measures Order of 2021 added US units were different alongside imperial measures, metric and traditional Chinese measurements. Though this seemed to be for reference, rather than encouraging the active use of American measures in Hong Kong. American products usually come with the equivalent metric sizing for items like drinks cans volume.
Taels and Cattis
Hong Kong uses Chinese traditional measures alongside more standard measures in certain markets – from fresh produce bought in the ‘wet’ markets to sales of gold and silver.
Before I had got to Hong Kong I had hear of taels and cattis. Taels is the traditional unit by which gold (and silver) had been sold amongst the wider Chinese community from Liverpool to Shanghai. If you’ve sat through enough old kung fu movies, you will have heard of a bounty or reward to be paid in taels.
However like other pre-Metric weights like hundredweights and tons; taels and cattis now mean different dimensions in different markets.
Hong Kong hews to the traditional weights and measures for this. Taiwan’s taels and cattis are more related to the measures of the Imperial Japanese empire. Taiwan may even refer to taels and cattis using different words. Mainland China went through a period of simplification during communist rule from Chinese characters to measures. Their taels and cattis are more aligned to metric measures.
Singapore struck much more closely to the metric system which it has adopted from 1968 – 1970. While traditional measures are included in the statutes for reference and fabric discussions still happen in terms of square yards, you will be charged for the metric measure. This was because post-independence Singapore had to make its own way in the world without the mother country of empire. China was closed off at the time and the city state had to think of its place in terms of global scale.
So why is this all important?
Measurements are essential to our points of reference in everyday life. The variance of points of reference can affect perceptions around attributes like value for money, or whether something is big or small. It affects how we think about tasks to be done or distances to be walked and things to be carried.
It can be a ‘grain of sand’ in the shoe level of dissonance, familiar, yet different. Rather like the average European pondering the American distance definition of ‘a block’. Our cities aren’t built on grid systems for the most part, so we don’t have the same feel for the measure. Speaking to a New Yorker friend; a block was considered by them to about a tenth of a mile. BUT, different cities have different sized blocks and it isn’t a formal definition. It’s a quintessential American cultural artifact and yet very inexact.
For a business there are additional factors to consider
Complexity of regulations.
Additional complexity in terms of product instructions.
Descriptive copywriting and advertising claims.
Pricing strategies and arbitrage opportunities. For instance, while Hong Kong gold might be duty free – does the differing weight from one’s home affect price considerations?
While Hong Kong is being reintegrated back into mainland China, even apparently small issues like measurement units could become political in nature.
As they are product of a unique history and emergent culture not shared with the mainland, rather like modern Hong Kong Cantonese. The Cantonese language evolved from being similar to that spoke in Guangdong province in the early 1960s to develop its own Hong Kong-specific idioms, lone words (from English, Japanese and South Asian languages spoken in the territory by minorities). Now with the increasing influx of mainland immigrants there is use of mandarin code switching added into the mix.
The use of multiple measures allows Hong Kongers and their businesses to be commercial ‘citizens of the world’ in their transactions. Hong Kongers have also taken these measures abroad. Going to a China town jeweller or pawn shop will allow you to buy gold taels, even though the weight on your receipt might be in troy ounces or grams.
Alongside Hong Kong-specific cuisine, the unique mix of measurement units may be its unique informal contribution to the world alongside archive films, long after the city becomes just another city in China.
CNY 2024 or the Chinese new year is celebrated across east and south east Asia as it marks the new year according to the lunar calendar. It is as important an advertising spot as Christmas in the UK or the Super Bowl advertising slots in America.
This Saturday marks the new year. This year is the year of the dragon, it is a time for family and for cementing relationships through gift giving. Packaging and promotions will lean heavily on red, gold or yellow colours signifying good luck and general positive vibes.
The packaging can often be very ornate as this example by Shanghai design agency The Orangeblowfish for client Chow Sang Sang shows.
In many small businesses red or Christmas decorations are often left up and enhance the lunar new year decorations. Corporate florists will bring in miniature orange trees that are also a symbol of the season. (Pro-tip, don’t try one of the fruit).
Given it’s such an important time in the marketing calendar, you see some of the most creative campaigns conducted in the region. Here’s a sampling of this year’s advertisements broken down by country.
China
China’s ‘Galapagos Syndrome‘ social platforms mean that it’s really hard for me to share campaigns with you here. In addition, many of the main advertising agencies no longer seem to share their work on more accessible platforms in the west any more. Each year it becomes harder to write a post like this. It’s almost like they’re ashamed of it.
Amushi
Food brand Amushi worked with Leo Burnett on an advert that conveys the main elements of new year celebrations. You need to watch it on Campaign Asia.
Apple
Apple has done some really interesting Chinese new year films documenting different aspects of Chinese new year and this focuses on the trials of childhood and the magic of new year. The protagonist is ‘Little Garlic’, a young girl with special shape-shifting powers.
Coca-Cola
By January 2nd, Coca-Cola already had year of the dragon cans for sale in Beijing. They created a mini-film around a family gathering, but its on WeChat. Contact me if you would like me to share it in-app with you.
Lululemon
I am guessing that Lululemon’s campaign was planned to be running across Mandarin-speaking markets as well as appealing to Asian Americans. The theme of spring is an analogue for the new year, but it is a celebration of traditional Chinese culture rather than lunar new year traditions per se. Michelle Yeoh is Malaysian but has global recognition amongst Asian cinema fans and her Hollywood appearances.
The problem is that Lululemon has fallen foul of Asian Americans and this ad might have its media spend pulled outside Asia? If it happens it would be a shame, as this is the most ‘high concept’, artistic and cinematic of the ads that I have watched so far.
Nike
Nike in partnership with Wieden + Kennedy Shanghai have been turning out high quality Chinese New Year adverts for a number of years now and this year was no exception. It took me so long to get a copy of it, that it almost missed going into this post.
If you have been in a rush to do your Christmas shopping you can empathise with the struggle of getting ready for lunar new year and the vignettes are really nicely done.
Prada
Prada did a photo shoot which is shared on Sina Weibo microblogging platform. The photographs were designed to emulate the classic mid-century elegance of Wong Ka wai’s film In The Mood For Love. This also ties into the popularity of Wong Ka wai’s recent mainland Chinese TV series Blossom set in Shanghai during the early 1990s that is similarly visually rich.
Hong Kong
Hong Kong usually doesn’t have a rich source of lunar new year video advertising. You will see print and poster ads though as sales promotions are the main driver of marketing activities.
Coca-Cola
Coca-Cola HK
Coca-Cola Hong Kong went with really short takes, a celebration, fireworks, a branded giveaway and dragon-branded cans make it feel as if the creative was literally dialled in. Where’s the magic that’s integral to the brand?
Watsons
Hong Kong’s ubiquitous pharmacy and beauty care retailer has a brief ad promoting their new year sales promotions and the potential to win a Mofusand co-branded ‘Jenga’-style game – which would be ideal when you have young family members over for CNY 2024.
Their associated web page has promotional price offers containing 688 which its considered to be lucky.
Macau
Macau government tourist board
I am not even going to try and explain what you are about to see. It’s special. But once you watch it, it can’t be unseen. I will leave it at that.
Malaysia
Astro
Astro is a Malaysian satellite TV and OTT broadcaster. As is common with other media businesses in Hong Kong and Singapore they rolled out a song to celebrate Chinese new year. This video showcases their varied broadcast talent.
Cetaphil
Cetaphil is a range of skincare products from Galderma. Chinese new year means looking your best, including new clothes. This combined with gifting is why the holiday makes so much sense for Cetaphil.
Coca-Cola
Coca-Cola made use of high profile 3D OOH spaces such as this one in Malaysia with a very traditional dragon motive. It’s nicely executed and fits into the magic of the brand.
Eu San Yang is a traditional Chinese medicine retailer originally from Malaysia, that now has branches in Hong Kong, Macau and Singapore. It’s advert talks about relationships particularly assumptions like ‘I thought’ or ‘I took for granted’. Click the link, as they aren’t allowing embedding. It touches on the tension between tradition and modernity that is generational and is quite meta in the way it references lunar new year adverts as a popular trope in the dialogue between father and son.
Loong Kee
Malaysian dried meat brand Loong Kee put together a music video featuring ethnic Chinese influencers and celebrities.
Mr DIY
Mr DIY is kind of like Homebase or Wilkinsons but with an extended product range. Their film has a Christmas Carol type transformation to it. I’ll leave it at that for you to enjoy.
This comedy clip explains the universal insight above really well.
Pepsi: Finish The Unfinished
Pepsi’s campaign is built around the insight that during new year meals and celebrations there are lots of partly finished cans of drinks left around. The idea of finishing something is an important part of Chinese new year, echoed in the series of Hong Kong family entertainment films released for the new year called ‘Alls Well That Ends Well‘. The original film was released in 1992 featuring Maggie Cheung, Leslie Cheung and Stephen Chow – and spawned seven sequels. The advertisement connects with a gold cup giveaway that is also tied into this the theme of ‘finish the unfinished’.
Petronas
Malaysian government-owned energy company Petronas promotes its corporate brand with a short film that riffs on the harmony of Chinese new year. They were careful to cast talent from the countries three main ethic groups: Malays, Chinese and South Asians.
Tune Talk
Malaysian mobile provider Tune Talk focuses on filial piety and the high level of change that’s signified by the Dragon in the horoscope. At first when I saw the ad I thought that it would be warning about online scams, but the story is much more straight forward. It’s fun and high energy, just what you need for lunar new year.
Watsons CNY 2024 campaign – Enter The Dragons
Watsons is part of AS Watson, the retail arm of CK Hutchison Holdings and the owner of Superdrug. They have their own branded pharmacy stores with a large range of beauty products throughout China, Dubai, Indonesia, Hong Kong, Macau, the Philippines, Qatar, Saudi Arabia, Thailand, Ukraine, Vietnam and Malaysia as you can see.
Yee Lee
Yee Lee is a Malaysian manufacturing and packaging company – imagine an analogue of Unilever and Tetrapak. Their products include food, bottled water, oral care, household cleaners, and industrial products. It also manufactures corrugated cartons and aerosol cans for a wide range of customers. The music video is notable for its use of rap lyrics. Also, notice how the cast is older than Loong Kee’s music video.
Yeo’s
Yeo’s is a local FMCG brand with a range of products including drinks, teas, instant noodles, canned food sauces and dairy products. Every household has some Yeo’s products in the pantry or the fridge. This advert neatly captures the stress and joys of new year celebrations.
Singapore
Mediacorp
Mediacorp is a Singapore government-owned commercial media company that would be analogous to the BBC in terms of the media footprint, and Channel 5 in the way it takes advertising. Chinese new year songs are a thing, with new ones launched each year. Mediacorp’s song is also an advertisement for its talent and the company’s OTT service – kind of equivalent to BBC Sounds and iPlayer.
SingTel
Singapore’s dominant telecoms provider SingTel have a reputation for delivering high quality Chinese New Year ads and this year was no exception. This time the ad focuses not only on reunion, but also remembering those people who we can no longer enjoy CNY 2024 with Mr DIY’s campaign we see greater than expected evolution of a senior citizen.
Taiwan
7-Eleven
Convenience store 7-Eleven created a 30-second spot to promote its range of Chinese new year products.
Here are the examples that I found in previous years:
I work alongside Craft Associates and together have helped a number of clients including Oxford Nanopore Technologies on their successful China GTM approach and SK-II on their content strategy for Hong Kong. I have also worked with the team to help advise Chinese enterprises on going international over the years in the consumer technology space.
Whether you want to advertise to a Chinese audience, or advertise a breakfast cereal to people in Wolverhampton, you can contact us here.
