crackdown

MGM's new Cotai location promises to be a comprehensive entertainment center and reflects the changing nature of Macau's tourist industry. Read More

Thailand's recent crackdown on underpriced tours and its king's recent passing are causing Chinese tourists to look for vacations elsewhere. Read More

China's rapidly growing number of outbound Chinese New Year tourists got into the holiday shopping spirit as they flocked to South Korean and Japanese duty-free shops. Read More

As the consultancy predicts negative growth for China's luxury market this year, Chinese shoppers spending abroad are boosting global numbers. Read More

Despite the current slowdown, new data suggests that China is still going to surpass Japan as the world's second largest luxury market in the next five years. Read More

A new Bain report predicts that China's luxury growth rate will remain in the low single digits for 2014, making the Chinese tourist market more important than ever. Read More

Lane Crawford President Andrew Keith explains how the retailer's "self-gifting" status means its sales haven't taken a hit from China's corruption crackdown. Read More

Red wine remains a bright spot for alcohol sales in China as an ongoing anti-graft crackdown hits the sector hard. Read More

The conglomerate reduced lower-tier store openings and de-stocked spirits as part of its strategy to cope with China's 2013 luxury slowdown. Read More

Luxury sales in China remain a matter of national importance for France, which has much to gain from Chinese consumers' continued interest in the country's haute brands. Read More