Jing Daily: The Business of Luxury and Culture in China

Chu Teh-Chun's "La forêt blanche II" sold for a record US$7.8 million this past weekend

Zeng Fanzhi's "Mask Series" (2000) sold for $2.5 million, 5 times what it was paid for in 2007, reflecting the appetite of new Chinese art collectors (Detail of Image: Christie's)

One East Larasati wants to help buyers in Asian markets learn the nuances of the art market before making an investment.

One of Xu Bing's "Phoenixes" is hoisted by construction cranes outside of Beijing's Today Art Museum

Xu Bing's work is popular with Chinese and Western art collectors (Image: Xu's "Book From Heaven")

Works by Chinese artists like Xu Bing have shown particular resiliance, and are growing in popularity among confident New Chinese Collectors

Sold at auction for US$4,925,373, well over its US$1,896,000 high estimate: Zao Wou-Ki's "17.4.64" (1964)

An Imperial khotan green jade seal from the Qianlong period sold in London to a Chinese collector for nearly US$6 million, far beyond its US$995,000 high estimate (Photo courtesy Sotheby's)

Headlines

Week In Review: May 20-24, 2013

In case you missed them the first time around, here are some of Jing Daily’s top posts for the week of May 20-24.

Neiman Marcus Downsizes China Operations, Moves Mainland Shipping to U.S.

Although it is unclear whether the retailer's shift to U.S. operations was caused by bureaucratic red tape or the luxury slowdown, it remains heavily invested in local Chinese e-commerce.

Chinese Wineries Take Home 20 Awards In World Competition

China's wine brands made a respectable showing at this year's Decanter World Wine Awards, taking home two more medals than last year.

Stella McCartney: High-Profile Events Underscore Brand's China Ambitions

As designer Stella McCartney dramatically expands her brand's China presence, she hopes to attract potential customers' attention with a series of star-studded parties.

China's Top 50 Brands Missing Fashion, Luxury

A recent report of China's top 50 brands is sparse on luxury, with only a few wine and spirits companies making the cut.

Features

What's Behind China's Luxury Slowdown? Look To Several Factors
Topshop Sets Date For Hong Kong Flagship Opening
China Slowdown Not Uniform For All Fashion Labels In First Quarter

Interview

	Location, Location, Location: Kartell's CEO On 50 Flagships In Five Years
	Beijing-Based Company Helps U.S. Schools Battle Application Fraud
	Tom Ford, Ego, and DNA: A Conversation With Two of China’s Best Luxury Strategists

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