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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.
    Blackstone just announced its purchase of a 40 percent stake in Chinese shopping mall company SCP.

    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 November 4, 2013.#

    Blackstone just announced its purchase of a 40 percent stake in Chinese shopping mall company SCP.

    — BUSINESS & FINANCE —#

    Who are the winners in China's luxury slowdown?#

    China's luxury market is only expected to grow by 2.5 percent this year, but some brands are still posting double-digit growth. (Jing Daily)

    Blackstone buys $400 million stake in China shopping mall group.#

    The group "is buying a 40 percent stake in Shenzhen-based SCP," which aims to tap China's growing middle class. (Reuters)

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    We want to see what you want to read more of at Jing Daily, and you have the chance to join our November 14 seminar at no charge just for sharing your thoughts. (Jing Daily)

    Chinese buyers see a bargain in Manhattan real estate.#

    For example, they own 15 percent of luxury apartment building One57. (The Economic Times)

    The Peninsula hopes to revive a slump in Shanghai's luxury housing market.#

    Nineteen of its serviced apartments hit the market for sale recently, which may spark an art-deco buying frenzy. (Global Times)

    China's 790th richest person buys one of Australia's most expensive trophy homes with "suitcase full of cash."#

    Another day, another typical real estate sale to a Chinese buyer. (Sydney Morning Herald)

    — CULTURE —#

    The famous rubber duck brought in big tourism money in Beijing.#

    No word yet on how much its knockoffs made. (China Real Time)

    — FILM —#

    China loves AMC's The Walking Dead.#

    It looks like zombies are a universal form of entertainment. (China Digital Times)

    — FASHION —#

    The former English tutor with one million Weibo fans.#

    Fashion blogger Peter Xu knows how to think outside the box, and is helping fashion brands do the same. (Jing Daily)

    Why multi-brand sellers are key to the future of China fashion.#

    Boutiques and department stores stocking trendy niche brands are on the rise, and they're not all just foreign imports. (SCMP)

    China a "difficult market" for high-end children's retailer Step2wo.#

    The brand says it's losing out to competition because it can't stock Gucci or Dior for China's little emperors. (WWD)

    — LIFESTYLE —#

    Macau aims for less sin and more Shrek during China's anti-graft crackdown.#

    Political changes mean revenue from high rollers isn't always guaranteed, pushing more companies to offer middle-class and family-friendly vacation amenities in the global gambling hotspot. (Malaysia Insider)

    Las Vegas creates Chinese dining capital.#

    The location is a top destination for Chinese tourists, prompting many high-end options for Chinese cuisine. (OC Register)

    Wealthy Chinese have "emerging interest" in buying "bargain" Irish castles.#

    Why stay in a hotel when you go on vacation when you can have a whole fortress? (The Age)

    InterContinental hotels to face synchronized international Tibet demonstrations next week.#

    The company's still in hot water for building a luxury hotel in Lhasa. (Travel Daily News)

    Thai travel firms gear up for more Chinese visitors.#

    The Lost in Thailand effect continues (or Thailand is a just a great vacation spot no matter what). (The Nation)

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