beijing
China’s Affluent Households Keep Fueling Luxury Consumption
“Hurun Wealth Report 2020” reveals China’s burgeoning affluent families will further drive luxury consumption despite the COVID-19 crisis. Read More
What Will A Second Wave Of COVID-19 Mean For The Luxury World?
After becoming the poster child of COVID-19 success, Europe has become careless and triggered a second wave of infections. How will it impact luxury? Read More
Beijing Surprises Chinese Expat Citizens With New Tax
Beijing announced it will tax Chinese citizens residing abroad, requiring them to report their 2019 earnings so they can be taxed on their worldwide income. Read More
What’s Behind the Rise in Inequality and Consumerism?
As inequality is on the rise so too is consumerism and a desire for luxury products. Jing Daily looks at what connects the two. Read More
A Look at China’s Fickle but Affluent Gen-Z Consumers
China's affluent Gen-Zers have a somewhat contradictory view of themselves, a new report by Agility Research Group finds. Read More
6 Ways Xi Jinping’s Power Grab Will Impact Foreign Brands
The changes currently being enacted do not augur business as usual. Read More
Luxury Brands Not Forbidden From Forbidden City
Collaborations between the Palace Museum and the likes of Cartier and Chaumet allow foreign brands to benefit from swelling Chinese pride. Read More
Marriott’s Big China Blunder a Lesson for International Brands
Marriott’s troubles should also drive home for foreign businesses operating in China or hoping to cater to Chinese tourists that understanding how Beijing understands history is key to not running… Read More
What Commercial Real Estate Says About China’s Next Luxury Gold Mine
The vigor index of China’s commercial real estate properties indicates that accessible luxury goods consumption is gaining momentum. Read More
Lululemon Taps China’s Digital Natives Craving Experiential Luxury
Health and wellness isn’t the only driver behind China’s yoga trend—social experiences are in demand, and Lululemon is leveraging this with its expansion. Read More
