xinhua
Will the Trade War Offer a Turning Point for Chinese Luxury Brands?
Will economic restrictions from the U.S.-China trade war lead to domestic Chinese luxury brands taking a larger share of the vast Chinese luxury market? Read MoreLotte Suffers Retaliatory Action in China over THAAD Deployment
Lotte's decision to swap land with the South Korean government has put it under intense pressures in China to back away from the deal. Read MoreChina’s Luxury Tea Sales Dry Up Amid Anti-Graft Drive
Premium Longjing tea, once more expensive than gold, now flounders as China's ongoing anti-corruption campaign sharply cuts sales. Read MoreIs Mercedes CCTV’s Target For Annual Foreign Brand Attack?
On Consumer Rights Day, Mercedes and foreign carmakers are choice picks for CCTV's annual public shaming show. Read MoreWorld Luxury Association Under Fire In Fraud Scandal
Chinese state media is reporting that the World Luxury Association has been accused of fraud by the Beijing Administration for Industry and Commerce, and the organization's license is expected to be revoked by July 6. Read MoreChinese Arrivals In Japan More Than Double After Visa Restrictions Eased
As a Japanese tourism official told the Global Times, 8,086 Chinese tourists arrived in Japan between July 1 and 31, a significant rise over the 3,458 who flew in between June 1-30. Read MoreHangzhou Tops List Of China’s 10 Happiest Cities
This week, a new top ten list compiled by Xinhua looks less at wealth and consumption and more at livability, natural environment and social atmosphere. Read MoreExpo 2010 Kicks Off In Shanghai (Video)
After years of planning and months of intense preparation, the Shanghai World Expo kicked off today with a stunning fireworks display and musical performance. Read MoreMercedes-Benz: 2009 Was “Best Year Ever” In China
For the beleaguered global auto industry, China's exploding car sales in 2009 were a welcome bit of good news in an otherwise harsh year. Read MoreChinese Filmmaker Jia Zhangke Awarded France’s Legion Of Honor
France's charm offensive in China continued this week, as "Sixth Generation" filmmaker Jia Zhangke was awarded the Legion of Honor (Légion d'honneur). Read More