middle class
What the Shanghai Lockdown Means for Luxury
Luxury is betting that consumers will return to malls with a vengeance. But the latest lockdowns could be a catalyst for change with longer-lasting effects. Read More
Jing Daily City Guide: Wuhan
The next Jing Daily city guide takes a look at Wuhan: a new tier-one city that offers access to Central China’s big spenders. Read More
Can Vietnam Become the Next China?
The luxury industry has pursued every opportunity in China’s high-growth market. Yet, thus far, it has ignored this other market in the Asia-Pacific region. Read More
Is China Following the Same Luxury Consumption Pattern as Japan?
China’s consumption patterns are similar to Japan’s in the 1980s. But with Japan’s luxury lust cooling, what does that mean for China's future? Read More
What Happens to Luxury if Chinese Consumers Cut Back?
China’s consumers are cutting back on spending as the country struggles with recent economic challenges. But what will this mean for luxury brands? Read More
Are China’s Falling Property Prices Hurting Luxury?
China’s property market just felt its first month-on-month decline in new home prices since 2015 — and, yes, it affects the luxury market. Read More
Luxury Brands: Don’t Worry About China—Worry About Your Game
I understand why the future of China’s meteoric luxury market might look shaky, but China will be fine. Will your brand, though? Read More
Why the Chinese Decade of Luxury Is Just Starting
Does the latest government crackdown in China prove that the country’s luxury bubble is about to burst? Not so fast. Read More
Is China’s ‘Common Prosperity’ Plan Good Or Bad For Luxury?
President Xi Jinping is pushing “common prosperity” to help support China’s middle class. But can this agenda benefit luxury in the long term? Read More
Is China’s Curb on ‘Excessive Income’ Actually Good for Luxury?
China wants to curb “excessive” incomes and focus on moderate wealth for all. What does this mean for luxury brands banking on the country’s elite? Read More
