Policy
Biden’s Next Moves Could Be Costly For Luxury
The US Chamber of Commerce estimates that American companies could lose hundreds of billions of dollars in potential growth from a US-China decoupling. Read MoreWill A Reboot In China-US Relations Help Luxury?
It’s expected that Biden will select a more measured style when dealing with China-US relations. How will this new approach affect luxury brands? Read MoreEnd of British Tax Refund Program Hands Europe a Content-Commerce Opportunity in China
British luxury boutiques and retailers are poised to see a hit to the travel retail, when the United Kingdom formally ends its VAT Retail Export Scheme. Read MoreBiden Wins Presidency. What’s Next For Luxury and China?
Joe Biden has secured enough votes to become the 46th president of the United States. What's next for luxury and US-China relations? Read MoreImports To China Prop Up The Global Economy During COVID-19
China continues to be a vital destination for exports during the COVID-19 pandemic, but how long can it prop up the rest of the world? Read MoreWhy China’s High Unemployment Is Bad News For Luxury
China has prioritized GDP growth over unemployment, while official statistics minimize this by offering an unreliable snapshot of China’s unemployment data. Read MoreLuxury In The US Suffering Without Chinese Students
Trump’s policies and COVID-19 have pushed Chinese students to pursue advanced degrees outside the US, which is hurting the country’s luxury market. Read MoreHow China Is Taking Advantage of Its WTO Nation Status
President Trump said that “China has been unbelievably taking advantage of the US” through its developing-nation status, and it does give China advantages. Read MoreWhy China Is Teaming Up With Russia To ‘De-Dollarize’
China and Russia are teaming up to ease their dependency on the American dollar, which could lead to a financial alliance between the two superpowers. Read MoreWhat Would a Possible Antitrust Investigation into Alipay and WeChat Pay Reveal?
China’s top antitrust agency is looking into whether to launch a probe into the country’s largest online payment platforms. How would this affect retail? Read More