yuan
What Luxury Can Learn From Yuan Bingyan’s Tax Scandal
After Zhao Wei, Viya, and Deng Lun, another star has been caught by China’s tax investigation into top celebrities and online influencers — Yuan Bingyan. Read More
Election and Terrorism Concerns Drive the Valuation of the Yuan Against the Pound
Election and terrorism concerns driving a weaker pound and stronger yuan will likely result in increased numbers of Chinese tourists traveling to the UK. Read More
Luxury Investors’ China Panic Eases as Yuan Stops Sinking
Slumping stock prices from the yuan devaluation saw a turnaround after reassurances from the People's Bank of China. Read More
How Much Will China’s Yuan Devaluation Hurt Luxury?
Investors' rush to drop luxury shares after China's surprise currency devaluation may have been an overreaction, according to experts. Read More
Mainland Chinese Tourist-Shoppers Flock To Hong Kong WinterFest
Already in full swing, and running through January 1, 2012, Hong Kong WinterFest once again bridges the gap between two major holidays, Christmas and Chinese New Year. Read More-
Mainland Chinese “Tourist-Shoppers” Critical To Hong Kong Economy
Considering overnight tourists from mainland China spent on average HK$7,453 ($956) apiece on shopping on Hong Kong last year, it's clear why this group of visitors has become so important… Read More -
Will London Luxury Boutiques Soon Stock Chinese Yuan?
Considering the impact that Chinese tourist-shoppers are starting to make in shopping meccas like London, it might not be long before the RMB becomes a popular currency among retailers, and… Read More -
Europe Calling: Chinese Shoppers Taking Advantage Of Euro Depreciation
A minority viewpoint in China has held that while luxury goods may see a high-single to low-double digit drop in price for Chinese travelers for a brief moment, the brands… Read More -
Hedging Their Bets: What China’s Millionaires Are Buying
It's no surprise that companies are bending over backwards to find out what drives the estimated 825,000 people worth over 10 million RMB (US$1.46 million) and 51,000 individuals worth over… Read More -
Will The RMB Bridge The Taiwan Strait?
China seems to have taken a two-part approach to the issue of global currency flows, consistently calling for the replacement of the dollar by a new SDR at the top… Read More
