Jing Daily’s China Luxury Brief: October 2, 2013

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:

May speech on immigration

UK Home Secretary Theresa May, who has been pushing for relaxed visa restrictions for Chinese tourists.

— BUSINESS & FINANCE —

China’s luxury market begins to ripen. Quality and design now trump brand for many, says market expert. (Luxury Society)

Xi Jinping’s graft purge sets sights on China’s military. The biggest corruption case in China’s military history is getting ready for trial, showing that the anti-corruption drive is still going strong. (Sydney Morning Herald)

Gen Y is changing China’s office culture. Let’s hope they reverse that ridiculous rule that people have to work nine days in a row before Golden Week. (China Real Time)

Chinese banker jailed for housing scheme. Gong Aiai amassed a fortune in apartment holdings through forgery, showing that some will go to any length to get their hands on real estate in China. (WSJ)

UK Home Secretary Theresa May is pushing for Schengen zone joint visas for Chinese tourists, and companies couldn’t be happier. However, they shouldn’t get their hopes up. May has been pushing this for awhile, and has always been blocked by David Cameron. (Breaking Travel News)

— CULTURE —

Wong Kar-wai’s The Grandmaster leads Golden Horse nominations. Most awards at this ceremony for Chinese-language films go to Taiwanese flicks, but this year sees the Hong Kong director stealing the spotlight. (China Real Time)

— FASHION — 

Chinese consumers shift to lifestyle brands. Tori Burch, Kate Spade, and Michael Kors are all vying for the attention of China’s rising middle class. (Barron’s)

Luxury sneaker retailer Sneakerboy bases logistics hub in Hong Kong for easy China deliveries. We’re likely to see more of this as priorities shift eastward. (Business of Fashion)

— LIFESTYLE —

Government officials no longer holding lavish weddings, claims Chinese state media. But what about when the anti-extravagance campaign ends? (People’s Daily)

RVs are a “symbol of success” in China. With a giant western region like like the United States, maybe we’ll start to see an equivalent road trip culture. (Times Dispatch)

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