taxes

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's abruptly introduced new tariff policies and heightened customs inspections are causing major confusion among both brands and consumers. Read More

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

CCTV's Starbucks smear campaign wasn't as successful as it hoped—and all luxury brands in China should understand why. Read More

Columnist James Button outlines the ways in which brands can enhance domestic spending despite China's notoriously high luxury prices. Read More

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

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 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

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

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