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China’s Middle Class: The Luxury Market’s Long-Term Engine
China's luxury market has gained a lot of attention this year, mainly because it remains one of the few global markets where more luxury retailers are entering the market, rather than cutting back or leaving it altogether (as we've seen by more than one luxury retailer in Japan this year). Read MoreGeely Preferred Bidder For Volvo: What Could This Mean For China’s Auto Ambitions?
One of today's big news stories is the announcement by Ford that Chinese automaker Geely has emerged as the "preferred bidder" for Volvo, following months of speculation. If Geely indeed does buy Volvo, this sale could have major implications for the Chinese car industry's global ambitions. Read MoreDiamond Sales Get Huge China Boost
Good economic news in China this year has translated to good news for diamond producers, if figures released recently by China's news agency, Xinhua, are correct. Read More