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.
    The new New York Times Style site in Chinese. (New York Times Style)

    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 11, 2013.#

    The newly launched Chinese-language New York Times Style site. (New York Times)


    Shanghai free-trade zone launches cross-border e-commerce platform.#

    The website,, will offer e-commerce service to five cities, and Calvin Klein, Coach, and Burberry have been presented on the platform. Watch out, Hong Kong retailers. (China Briefing)

    China seeks to have a regional free-trade pact by 2015.#

    The remarks were recently made by Premier Li Keqiang in Brunei. (China Economic Times)

    Chinese developers are piling money into the New York skyline.#

    State-owned, Shanghai-based Greenland Holdings Group has its eye on the Barclays Center as well as other properties. (China Real Time)

    China's hunger for gold triggers speculation about reserves.#

    China's record consumption of gold this year "may be partly due to the central bank diversifying its foreign-exchange reserves, analysts say." (China Real Time)

    Number of Chinese billionaires skyrockets.#

    "According to a report this week by Credit Suisse, the country now has 6% of the world’s total of ultra-high-net-worth individuals." (China Real Time)

    — CULTURE —#

    China's heiresses "struggle with singleness."#

    Money can't buy love: Zong Qinghou's daughter can't find a husband. (China Real Time)

    — FILM —#

    Young Detective Dee#

    a China box office hit.#

    The 3-D martial-arts drama was the top-grossing film this week. (Scene Asia)

    South Korean VFX firms target Chinese film industry.#

    It looks like South Korea may have an edge on Hollywood in China film collaborations. (Hollywood Reporter)

    Walt Disney Company Chairman Bob Iger views China with "tempered optimism."#

    Iger also sits at the head of the U.S.-China Business Council, showing the importance of China to the entertainment industry. (Hollywood Reporter)

    — FASHION —#

    The New York Times#

    launches its style magazine in Chinese.#

    This one's not blocked, and it's likely attracting luxury brands for advertising. (Quartz)

    Chinese luxury shoe brand presents "Peony Pavilion" at London Fashion Week.#

    The brand collaborated with Shanghai designer Ji Cheng for its runway show. (PR Newswire)

    Prada's a top stock pick due to strong China presence.#

    The company receives 37 percent of its business from the Asia-Pacific region. (China Economic Review)

    — LIFESTYLE —#

    Chicago's charms surprise Chinese tourism officials.#

    The midwestern city is hoping to attract the Chinese tourist dollars that are primarily going to the U.S. coasts right now. (Chicago Tribune)

    Wanda Inc. aiming at global luxury hotel market.#

    Four Seasons is apparently at the top of his list for New York acquisitions. (Travel Daily News)

    — TECH —#

    Forty-two percent of the world's internet users live in Asia.#

    Luxury e-tailers, take note. (Tech in Asia)

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