economics

Deutsche Bank's year-end GDP growth rate prediction for China is considered high, but its luxury forecast is even higher. Read More

Coming off a tumultuous 2012 in China, investors are looking at new opportunities in 2013 and wondering whether the recent leadership handover will augur well for business. Read More

A new report holds that Chinese consumers spent a relatively spare US$830 million on luxury items domestically from January 20 - February 20, a 53 percent drop from last year's spending spree, but a whopping $8.5 billion overseas during that same period. Read More

Supplanting the auto brands that led the way in last year’s ranking, beauty, fashion, and watches & jewelry brands accounted for more than two-thirds of the top 20 spots on the third annual L2 Digital IQ Index: China. Read More

A new report by Bain & Company estimates that China has surpassed the US to become the world's largest luxury market. Read More

Following a significant dip in demand for some major luxury brands in China over the past six months, recent figures project a strengthening in the first quarter of 2013, even for beleaguered high-end watchmakers. Read More

As the year starts to draw to a close, and major gifting periods like Chinese New Year approach, is the worst of the luxury slowdown over? Read More

Led by wealthy Chinese using a range of money-transfer methods to buy overseas property, send their children to high-priced international schools, and stock up on luxury goods, art, jewelry and watches in Hong Kong or Singapore, China is seeing a reversal in investment flows. Read More

Though China's red-hot luxury market has slowed from high growth-rate estimates in the range of 35 to 40 percent in 2011 to anywhere from 13 to 18 percent this year, the effect of this muted slowdown has been far from uniform for major brands. Read More

Shifting consumer demand in China and the broader effects of slower economic growth in 2012 may be hurting the likes of Hugo Boss and Burberry, but Hermès continues to cash in on wealthy Chinese shoppers who are now in the grips of "bling fatigue." Read More