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    Jing Daily's China Luxury Brief: September 25, 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.
    Jing Daily

    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:#

    A rendering of Value Retail's planned Shanghai Village luxury outlet center. (Value Retail)

    — BUSINESS & FINANCE —#

    Hong Kong "shouldn’t brush off Shanghai threat."#

    Hong Kongers shouldn't be complacent that Shanghai's new free-trade zone won't steal the spotlight as China's premier global financial center, argues Ethan Bilby at Reuters. (Reuters)

    Jim Chanos is still bearish and Jim O'Neill still bullish when it comes to China's growth.#

    The universe remains in balance (for now). (Bloomberg)

    — CULTURE —#

    A rundown of the items for sale at Christie's Shanghai tomorrow.#

    A Picasso piece and Patek Philippe watches will both be up on the block. The multi-category nature of the event shows that Christie's is testing the waters the first time around. (Bloomberg)

    — FASHION —#

    Asia becomes potential market mover for luxury lingerie.#

    Cosabella, La Perla, Andres Sarda, and more have been expanding quickly in Asia, with China, as always, a very important part of the market. (Fibre2Fashion)

    Value Retail to open second Shanghai outlet site.#

    On the heels of its development of Suzhou Village outside Shanghai, the luxury outlet retailer is hoping to cash in big on China's outlet boom. (WWD)

    — LIFESTYLE —#

    Industrial look for homes "thrives as antidote to an excess of luxury" in Hong Kong.#

    The austere converted-factory style look is catching on in residential spaces. Next stop: Shanghai and Beijing. (SCMP)

    Volkswagen opens southern China car plant as sales boom.#

    The automaker has opened a new plant in Foshan with joint-venture partner FAW. (DW)

    World Diamond Mark Foundation working group meets in China.#

    Asia serves as a "laboratory" for the Foundation's global programs. (Diamonds.net)

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