qingdao

Despite pleas by businesspeople like Wang Jianlin to drop high luxury taxes and regardless of pricing increases by European luxury brands, an investigation this week by the Qingdao newspaper Bandao finds that imported luxury brands are still up to 50 percent more expensive in China Read More

A roundup of recent luxury store openings in China, from DVF's first Beijing location to a "Cheap and Chic" night at Moschino. Read More

Tsingtao has proven itself eager to target higher-end segments in recent years, and with Australian wine exports to China expected to reach $200 million this year, the lure of wine looks to be too much for the company to ignore. Read More

Positioning the company as a luxury brand and heavily pushing its "noble" heritage, Debauve & Gallais is certain to make a splash in the rapidly growing second-tier city, for its sky-high prices if nothing else. Read More

Much like the Chinese wine industry, which is currently in overdrive trying to transition away from the low-end, low-quality end of the spectrum, domestic Chinese breweries want to get a piece of the premium beer market, which continues to be dominated by foreign competitors. Read More

Tsingtao has announced that it will invest in Chinese New Year activities in London, Liverpool and Birmingham, England, with other events planned through the remainder of 2010. Read More