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In the News
Hibu Aims for Restructuring by Summer
April 24, 2013
BCG's Michael Silverstein spoke to
WSJ.com
for an article on the digital strategy of yellow-page companies. "They converted slowly and failed to their contacts with local businesses . . . All this happened as the yellow page industry was swallowed up in large debt deals, raising their fixed costs," he stated.
China's Credit Cardholders Avoid Interest
April 23, 2013
In an article on China's fast-growing credit card market,
Businessweek.com
spoke to Richard Huang, a partner based at BCG's Beijing office. He explained that only 3 to 8 percent of China's credit cardholders roll their debts over, generating interest charges, compared with approximately 40 percent in the United States.
China's 2020 Consumer Is in a Town You've Never Heard of
April 20, 2013
Reuters
cited BCG's data on China's middle class and affluent households, in an article on the future of China's e-commerce market. BCG's Jeff Walters stated, "[There] will be growth along the [east] coast. But it's in the first band of inland provinces where you will see more significant growth in the consuming class."
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