spending
Morgan Stanley Report: China’s Reopening Means More Spending On Luxury
Chinese luxury spending is forecast to return to pre-pandemic figures — under the right conditions. Read MoreAre Pop-ups The Future Of China’s Travel Retail Experience?
With pop-ups becoming a tourist attraction, how can brands play along? Here, Jing Daily decodes luxury pop-ups’ new purpose in 2023. Read More2016 Saw Double-Digit Growth in Chinese Tourism Spending: UNWTO
China increased its lead as the world's most valuable tourism market in 2016, accounting for over double the tourism spending as the next runner-up. Read MoreChinese Tourists in Asia are Spending Less But Traveling More
Lower average spending might sound like terrible news, but is actually evidence of the democratization of international travel in China. Read MoreGovernment Clampdown Ignites Chinese Luxury Property “Fire Sale”
As Beijing continues its much-publicized crackdown on government corruption and exorbitant spending, thousands of Party officials have reportedly gone on a months-long selling spree to divest themselves of high-end properties… Read MoreChina Tourism Briefs: India, Hawaii, Denmark
A roundup of recent news from the Chinese inbound and outbound tourism markets, from China's plan to woo more Indian tourists to recent Danish overtures and Hawaii's enduring draw among… Read MoreChinese Tourists Take The Gold In London Olympics Spending
With their Olympic team currently topping the medal charts at the London 2012 Olympics, Chinese tourists are topping a different chart, outspending all other international tourists visiting the British capital… Read MoreHow Are China’s One Million Millionaires Spending?
Property at home and abroad, expensive private schools in the US and UK for their children, "logo-lite" luxury goods, and vacations; According to a new report, China's millionaires continue to… Read MoreWhat Effect With China’s Public Spending Clampdown Have On Luxury?
Tough times may lie ahead for luxury-mad Chinese officials, as Beijing announced its latest edict earlier this week: a complete ban of government splurges on luxury goods with public funds,… Read MoreReport: China To Lead Luxury Demand “For Years To Come”
According to a new report by CLSA Asia-Pacific Markets, though the overall growth rate of the Chinese market should slow this year, “Wealthy individuals won’t slow down their spending.” Read More