7 d. ago Executive Travel: Exotic Luxury and Adventure in Hong Kong, China

Executive Travel: Exotic Luxury and Adventure in Hong Kong, China  D Magazine

Politics

8 d. ago Signs of stabilization emerge in China's luxury market as shoppers buy more at home

Signs of stabilization emerge in China's luxury market as shoppers buy more at home  Jiemian.com

Economics

9 d. ago ‘The years of the Chinese gold rush are over’ How China is redefining luxury – an interview with Ari Pugh

‘The years of the Chinese gold rush are over’ How China is redefining luxury – an interview with Ari Pugh  Dao Insights

Politics

1 week ago China businesswoman sells lotus roots to repay US$700,000 debt after living lavishly

A businesswoman from central China who once lived a life of luxury is rebuilding her future by digging up and selling lotus roots to repay five million yuan (US$700,000) of debt. According to the mainland media outlet, Changjiang Daily, 44-year-old Hu Qin from Hunan province and her husband launched a fruit business in 2012 that grew to have more than 30 shops nationwide. At its peak, Hu’s assets reportedly topped 10 million yuan (US$1.4 million). The couple lived in a villa by the Xiang River,...

Economics

2 w. ago China's Luxury Coup: The Quiet Consumer Revolt Shaking LVMH and the Global Fashion Elite

China's Luxury Coup: The Quiet Consumer Revolt Shaking LVMH and the Global Fashion Elite  Yahoo Finance

Politics

2 w. ago Forget the China gloom — luxury bosses say shoppers are back

Forget the China gloom — luxury bosses say shoppers are back  CNBC

Economics

2 w. ago Australia draws mainland, Hong Kong homebuyers amid its stable policies, economy

Australia, with its stable political and economic landscape, is likely to attract more property investors from Hong Kong and mainland China in the coming year, according to agents. The luxury property segment of the world’s sixth-largest country is also expected to see increased interest from affluent investors looking for cost-efficient safe havens amid changes in the immigration and residency requirements of the US and the UK, among other jurisdictions. “For many years, Australia has been a...

Economics

2 w. ago Australia draws mainland China, Hong Kong homebuyers amid stable policies, economy

Australia, with its stable political and economic landscape, is likely to attract more property investors from Hong Kong and mainland China in the coming year, according to agents. The luxury property segment of the world’s sixth-largest country is also expected to see increased interest from affluent investors looking for cost-efficient safe havens amid changes in the immigration and residency requirements of the US and the UK, among other jurisdictions. “For many years, Australia has been a...

Economics

3 w. ago China law graduate turns delivery driver after ex’s luxury habits drain finances

A law graduate from China’s prestigious Zhejiang University who spent nearly all of his income on his beautiful wife has been dumped by her after he lost his lucrative job. The story of the 43-year-old man, identified as Qianqian, has trended on mainland social media after it was reported by the news outlet 163.com. He had worked as a white-collar worker at a state-owned enterprise in Hangzhou, eastern Zhejiang province, and had a monthly income of 50,000 yuan (US$7,000). Five years ago Qianqian...

Society

3 w. ago LVMH Nears China Store Openings as Luxury Demand Begins Recovery

LVMH Nears China Store Openings as Luxury Demand Begins Recovery  Bloomberg.com

Politics

4 w. ago Luxury and lifestyle giants signal confidence in China’s consumer recovery

Multinational corporations including French beauty giant L’Oréal and Canadian sportswear brand Lululemon have pledged continued investment in China at the world’s largest trade fair in Shanghai, signalling confidence in the world’s second-largest economy amid signs of a consumer recovery. Speaking on the sidelines of the China International Import Expo (CIIE), L’Oréal chief executive Nicolas Hieronimus said “investing in China is investing in the future”, citing the country’s recovering luxury...

Politics