middle class
From boom to uncertainty: Luxury brands face uphill battle as China’s growth slows
Economic downturns, while challenging, offer brands an opportunity to reflect and reinvent themselves. Here are three strategies for navigating China's tricky terrain. Read More
The uneven recovery of luxury spending in China: A tale of contrasting consumers
As China's recovery proves to be less robust than expected, a contrast emerges in the spending patterns between high-net-worth individuals and the middle class. Read More
China Continues To Fuel Spring Luxury Rebound
The return of Chinese consumer demand is propelling the stock prices of European luxury groups like LVMH and Hermès to new highs. Read More
Is Luxury Discriminating Against China’s Lower-Tier Cities?
With first-tier cities oversaturated with luxury brands, it’s only logical that they look to China’s lower-tier areas to expand. So what’s the holdup? Read More
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
