crackdown
Jing Daily’s China Luxury Brief: December 16, 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. Read More
From WeChat To Peng Liyuan: The Top 10 China Luxury Stories Of 2013
This past year has been a whirlwind for the luxury industry in China. Check out Jing Daily's list of the top 10 stories that shaped the market in 2013. Read More
China’s Consumers Are Traveling More And Drinking Less With Top Homegrown Brands
A new report on the top 100 most valuable Chinese brands finds that a tourism boom is sparking success in the Chinese travel industry, but the government's continued anti-extravagance campaign… Read More
Who Are The Winners In China’s Luxury Slowdown?
If China's luxury market is only expected to grow by 2.5 percent this year, why are some brands posting double-digit growth? Read More
Expert: Luxury Shopping Still ‘National Sport’ In China
Despite concerns that China's luxury slowdown is a long-term trend, luxury expert Francis Gouten asserts that China's affluent still love to shop just as much as ever. Read More
China’s ‘Mooncake Austerity’ Leaves Mid-Tier Sales Intact
While the Chinese government aims to crack down on graft associated with extravagant mooncakes, strong Mid-Autumn Festival sales are still expected for cakes aimed at individual buyers. Read More
Steep Drop For Banquets Signals China’s Austerity Drive Still In High Gear
Some luxury sales have been picking up in the second quarter, but the continued decline of shark fin soup and baijiu sales shows that the government's corruption crackdown is far… Read More
China’s Luxury Price Growth Stagnates To Seven-Year Low
According to the Hurun Report's annual Luxury Consumer Price Index, China's luxury prices are at the lowest growth rate seen in seven years, but price differences vary drastically between sectors. Read More-
Xi Jinping’s “Mass Line”—What Does It Mean For The Luxury Sector?
Xi Jinping officially launched his "Mass Line" campaign on Tuesday, which marks a solidification of the CCP's crackdown on luxury for officials. However, not all brands will be affected equally… Read More -
Mixed Signals: Deciphering the Conflicting Reports on Luxury in China
China's luxury market is too diverse to be thought of as a monolithic whole, argues columnist Michael Zakkour. Read More
