zero-covid policy
With Building Speculation, Is China Letting Go of ‘Dynamic Zero’?
In the past few weeks, there has been much speculation that China is preparing to discontinue its strict COVID policies. Is there any merit to these rumors? Read MoreApple Supplier Foxconn’s Factory Exodus Casts Shadow On Retail Supply Chains
A COVID-19 outbreak at Foxconn’s Zhengzhou plant, which makes iPhones, prompted a mass exodus of workers. What does this mean for China-based supply chains? Read MoreNo End In Sight For China’s ‘Dynamic Zero’ COVID Policy
People’s Daily recently published three op-eds that support China’s current “Dynamic Zero” policy, denting hope of a speedy return to pre-pandemic normalcy. Read MoreHong Kong Cuts Hotel Quarantine But Tourists Aren’t Biting Yet
The city has ended its hotel quarantine requirement for overseas travelers. But the eased restrictions may not be enough to lure them back just yet. Read MoreHow China’s Zero-COVID Policy Will Change the Luxury Market
Mounting layoff anxiety from some of China's most robust industries has started to shake the myth of social mobility for the country’s younger workers. Read MoreWhy China’s New Lockdowns Won’t Sink Luxury
Will China's zero-COVID policy endanger luxury expansion efforts? Not in the long-term: most brands should already have contingency strategies in place. Read MoreAs Q1 Results Disappoint, Should Brands Look Beyond China?
From Tod’s to Tesla, many brands reported plummeting sales in the first quarter due to China’s lockdowns. Is this a lesson on overexposure? Read MoreWhat the Shanghai Lockdown Means for Luxury
Luxury is betting that consumers will return to malls with a vengeance. But the latest lockdowns could be a catalyst for change with longer-lasting effects. Read MoreLVMH Sidelines China’s Middle Class Shoppers
The hashtag #LVMH is betting on the high-end market in the future# is trending on Weibo. Will this result in a backlash from shoppers in lower-tier cities? Read MoreAre COVID Restrictions Running China’s Rich Out of Town?
As anger festers under Shanghai's seemingly endless lockdown, immigration inquiries from China’s rich have soared. But where will they flee to? Read More