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    Jing Daily's China Luxury Brief

    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.
    Jing Daily

    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. Look below for the top stories for October 29, 2013.#

    Li Xiaolin, daughter of former Premier Li Peng, wearing a coat that received much negative attention on Weibo for its ostentatious and expensive look. (Hexun)

    — BUSINESS & FINANCE —#

    China central bank seeks to reassure money markets after rate spike.#

    After a spike in short-term interest rates, the bank hopes to "avoid a repeat of a credit panic that roiled markets in June." (Reuters)

    Foreign hedge funds warm to China.#

    They probably hope princelings are studying their economics, since they're likely going to be hiring many. (China Real Time)

    — FILM —#

    China still a "notorious" market for film piracy.#

    No surprise there, and online downloads will be replacing the notorious DVD shops in years to come. (SCMP)

    Hollywood director Michael Bay eager to shoot in Hong Kong again.#

    The purveyor of high-budget action films won't let a random attack stand in the way of him and the China film market. (SCMP)

    Co-productions "key to moving Chinese filmmaking forward."#

    Now filmmakers just have to get the formula right for appealing to both Chinese and foreign audiences while dealing with heavy censorship; sounds like it should be easy. (Global Times)

    — FASHION —#

    Daughter of former Premier Li Peng accused of wearing expensive designer coat at National Women's Congress.#

    Netizens are outraged that it looks like it's made of fur. The designer hasn't been verified, but it does look pretty crass. (China Real Time)

    Photos: Mercedes-Benz China Fashion Week.#

    Designs feature everything from QR codes to traditional Chinese styles. (Scene Asia)

    North Korean women "very fashionable" but "can only go so far in following international trends."#

    Most of their designer clothes come from China due to sanctions. Well, the ones that aren't starving or in prison camps, that is. (WWD)

    The top five Chinese haute couturiers.#

    We'll likely see way more than five in the years to come. (ArtInfo)

    — LIFESTYLE —#

    London Luxury Quarter rolls out VIP treatment for coming wave of Chinese tourists.#

    Twenty luxury brands will be offering bespoke initiatives for Chinese tourists after the UK announced it would reduce visa requirements. (Jing Daily)

    Thailand set to become a "Chinese shoppers' paradise."#

    "Bangkok, the country's capital, has beaten London to become the most popular tourist spot in 2013." (Global Times)

    Recovering Irish tour operators eye €74 billion Chinese tourist market.#

    Tiger Woods hopes to build golf courses there for them. (Irish Times)

    Australia to cash in on forecast quadrupling of Chinese visitor spending.#

    Casinos down under are rushing to court visitors. (ABC)

    — TECH —#

    Apple's iPhone sales face test in China.#

    Apple's fiscal fourth quarter saw a 6 percent jump in revenue, but can growth be sustained? (China Real Time)

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