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A new survey of the main locales visited during the Chinese travel week shows that Asia dominated all but one of the top 10.
A new Hollywood Reporter article states that luxe locations like Saks and Barneys are altering everything from payment plans to store hours to accommodate Chinese tour groups.
Welcome to Jing Daily‘s China Luxury Brief: the day’s top news on the business of luxury and culture in China, all in one place. Check out today’s stories below: — BUSINESS AND FINANCE — Dalian Wanda looking to buy hotel management companies in the United States. Makes sense considering the company’s big hotel plans for New York and London. […]
With discussion of a looming trade war between China and the European Union, Chinese threats to slap tariffs on luxury goods don't seem to be coming to fruition for the time being.
As part of Switzerland and China's free trade agreement plans, China has agreed to cut tariffs on Swiss watch imports by 60 percent over the next decade.
Deutsche Bank's year-end GDP growth rate prediction for China is considered high, but its luxury forecast is even higher.