debt crisis
Is Evergrande’s Race to Erase Debt Possible?
Chinese billionaire Hui Ka Yan is selling off as much equity as he possibly can to keep Evergrande afloat, but will it be enough? Read MoreWill China’s Sputtering GDP Crush Luxury Brand Hopes?
China’s gross domestic product slowed down last quarter due to a slew of factors. So should the luxury market prepare for hard times? Read MoreCan Western Luxury Brands Survive the New China?
Some global players smoothly managed China’s policy shifts while others couldn’t adjust. But did the trade war and rising labor costs also play roles? Read MoreIs China’s Debt Crisis A Ticking Time Bomb For Luxury?
China’s rising national debt levels will eventually hamper economic growth and create a market with less disposable income for luxury. Read More