china tariffs
How Will Biden’s China Policy Impact US Luxury?
Biden’s foreign policy looks similar to the previous one that blamed China for America’s economic problems, which will only keep hurting luxury brands. Read More
Will Soured China Relations Crush Australian Wine?
In a blow to Australian wine importers, China has announced it is adding tariffs to Aussie wine imports, straining an already fraying political relationship. Read More
Chinese Whispers: Louis Vuitton, Piaget, Montblanc Lower Prices in China After VAT Drop, And More
Starting on April 1st, China will reduce VAT (value added tax) for import companies from 16% to 13%, and the cross-border tax will be lowered as well. Read More
The 3 Surprising Predictions for China Cross-Border E-Commerce in 2019
The Chinese government’s decision to lift purchase limits on the cross-border e-commerce indicates a strong outlook in 2019. Read More
Chinese Whispers: Chanel and Prada List Taiwan as Separate Country, and More
BBC China reported luxury brands, Chanel and Prada, along with nine other international brands including H&M, Puma, and Fiat, continue to list Taiwan under the category of country or nation… Read More
China’s Tariff Cuts Won’t Hurt Daigou Business For Now
Beijing has slashed tariff on nearly 200 foreign premium consumer goods, which many analysts believe will hurt the Chinese daigou market. Read More
Bank of China Teams up with Global Blue for Mainland China Tax Refund Scheme
As more Chinese luxury spending returns home, Global Blue and the state-owned bank launch a tax refund program for foreign visitors and Chinese travelers returning from abroad. Read More
Chinese Media Questions Luxury Brands’ Sky-High ‘China Prices’
State-run newspaper People's Daily claims that tariffs are only part of the picture when it comes to why luxury prices are so inflated in China. Read More
