currency

Data released from Visit Britain suggests Chinese spending and tourism in the UK actually dropped post-referendum. Read More

In spite of recent political events, security and favorable exchange rates remain the most important factors guiding Chinese tourist behavior. Read More

While price is an important factor for Chinese luxury consumers, several other key considerations have been driving their shopping choices in 2015. Read More

Slumping stock prices from the yuan devaluation saw a turnaround after reassurances from the People's Bank of China. Read More

While some luxury brands have cut China prices in the wake of a falling euro, others are taking a "wait and see" approach to the price gap. Read More

In the face of currency fluctuations that leave a massive gap between luxury prices in China and Europe, brands should think carefully about their next steps. Read More

As currency fluctuations widen the luxury price gap between Europe and China, brands like Chanel and Patek Phillippe are slashing prices to combat China's rampant gray market. Read More

In the midst of a global economic downturn and unfavorable currency effects in Europe, French luxury goods company Hermès reported today that China's market was its most dynamic area of growth in its 2013 first-quarter report. Read More

One auction segment that tends to fly under the radar despite its growing popularity among China's new generation of collectors is historical and rare currency. Read More

China seems to have taken a two-part approach to the issue of global currency flows, consistently calling for the replacement of the dollar by a new SDR at the top policy level, while at the same time working on a more private level with many of the countries and territories with which it trades to settle transactions in RMB. Read More