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    Jing Daily’s China Luxury Brief: August 6, 2013

    Givenchy's new Shanghai flagship, high-end coconut wine, and migrant workers taking over the top of a luxury mall are among today's top stories.
    Givenchy's new store in Shanghai's IAPM mall. (Givenchy)

    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:#

    Givenchy's new store in Shanghai's IAPM mall. (Givenchy)

    BUSINESS AND FINANCE —#

    Hunan luxury mall becomes migrant workers' abode.#

    "Twenty-five luxury villas built on top of a Chinese shopping mall have become migrant workers’ residences after authorities declared them illegal." (AFP)

    CULTURE —#

    The world's second tallest building had to be superlative at something.#

    The elevators at Shanghai Tower will be the fastest in the world, traveling at 40 mph. (Shanghaiist)

    FASHION —#

    Givenchy has a new flagship store in Shanghai.#

    The location "in the new IAPM luxury mall is the largest and offers the latest ready-to-wear collections for men and women along with luxury bags and accessories." (Fashion United)

    LIFESTYLE —#

    New Emirates private jet service sees China as major market.#

    The company is looking not only to the Middle East and Europe, "but also in the rapidly growing Chinese, Indian and Russian markets." (The Age)

    Are Chinese tourists actually the new "ugly Americans"?#

    China Daily thinks not. (China Daily)

    China's 10 best-selling wines online are almost all French,#

    with a few Italian labels. (The Drinks Business)

    The next big drink in China: coconut wine?#

    "Vacal Vino de Coco is the brainchild of Filipino-American George Vacal Paraliza, and claims to be the first premium coconut wine, known locally as 'tuba', to be made in the Philippines." (The Drinks Business)

    TECH —#

    WeChat is now the fifth most-used smartphone app in the world#

    , beating out Twitter. (Shanghaiist)

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