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Tag

taxes

  • K-Beauty Set to Gain From China’s Latest Cosmetics Tax Cuts

    Liz Flora  |   Share
    The popularity to "K-beauty" that comes from China's obsession with all things Korean is predicted to increase with a new tax cut on imported cosmetics. Read More
  • China Gets Tough with Cross-Border E-Commerce and Customs Control

    Jing Daily  |   Share
    China's abruptly introduced new tariff policies and heightened customs inspections are causing major confusion among both brands and consumers. Read More
  • From Lafite To Birkins, China Cracks Down On Rampant Luxury Smuggling

    Jasmine Lu  |   Share
    The mainland's high luxury tariffs have led to a massive underground smuggling market, but Chinese media reports that the government is working to prevent the practice. Read More
  • What Luxury Can Learn From Starbucks In China

    James Button  |   Share
    CCTV's Starbucks smear campaign wasn't as successful as it hoped—and all luxury brands in China should understand why. Read More
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    The ‘China Price’ Is Not Right

    James Button  |   Share
    Columnist James Button outlines the ways in which brands can enhance domestic spending despite China's notoriously high luxury prices. Read More
  • Luxury Watch Market A Crucial Factor In Swiss-China Trade Talks

    Jing Daily  |   Share
    As part of Switzerland and China's free trade agreement plans, China has agreed to cut tariffs on Swiss watch imports by 60 percent over the next decade. Read More
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    Government Hints at Decrease in Some Luxury Taxes

    Jing Daily  |   Share
    A recent ambiguously worded official statement calling for higher luxury taxes in China also notes that some items may be reclassified as "daily necessities" and see their taxes lowered. Read More
  • Christie’s Signs Groundbreaking Deal To Hold Auctions On Mainland

    Liz Flora  |   Share
    Christie's announced on Tuesday a pioneering deal it signed in Shanghai that will make it the first international wholly-owned auction company in China. Read More
  • Beijing’s Planned Tax-Free Art Haven Will Likely Boost Domestic Market

    Jing Daily  |   Share
    While Hong Kong and Singapore continue efforts to become cultural, as well as financial, powerhouses, details continue to emerge about Beijing's planned freeport. Read More
  • Sotheby’s Coming To Beijing: What It Could Mean For The Chinese Art Market

    Jing Daily  |   Share
    Looking to expand beyond its highly lucrative Hong Kong enclave into the mainland China art market for quite some time now, Sotheby’s has finally staked a claim in Beijing Read More

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Jing Daily KraneShares China Global Luxury Index

Track the global market performance of the luxury sector in China. With current news updates, share prices, and stock market data based on Chinese consumer interest, this index monitors the overall health within the market.

Daily Returns: 08/12/2022

Index LevelDaily Change% Change
245.30+$1.830.75%
LVMHKeringRichemont
-$0.84-$0.64-$0.05
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