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Demand for high-end products among Chinese consumers is growing from fast-moving consumer goods to other sectors, including the car market and financial products, according international media ...
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High-end car brands have sold more cars in Taiwan but made a smaller profit in the last two years after the country's government introduced a luxury tax, our sister paper Commercial Times reported on ...
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A Chinese technology tycoon has bought a New York penthouse that once belonged to legendary crooner Frank Sinatra for US$5.5 million as a gift for his baby daughter, Guangzhou's Yangcheng Evening ...
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Luxury goods brands are breaking the confinements of major department stores and boutiques to enter supermarkets in cities across China, reports the Chinese-language Guangzhou Daily.Some experts note ...
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Chinese contract manufacturers of luxury goods have begun to move their operations abroad due to soaring labor and other costs at home, the Chinese-language Economic Information Daily reports. The ...
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A luxurious and low-key guesthouse in Hefei, the capital of Anhui province of eastern China, allegedly only serves government officials and well-to-do businesspeople. It provides expensive and rare ...
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Sales of Swiss-made watches in China have declined for the first quarter since the country's new leader Xi Jinping banned officials from buying lavish gifts at the outset of his term. Luxury watches ...
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Sales of ultra-luxury cars in China declined 35.2% in the first quarter from a year earlier, continuing the downward trend that began last year, the Shanghai-based National Business Daily reports.The ...
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General Motors has announced its plans to infuse US$11 billion into the Chinese market by 2016 in order to expand its production capacity, product lines and dealership networks across the country ...
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The current measures adopted by China's central government to tame the domestic property market are expected to curb property sales, but high-end realty may buck the trend to experience new levels of ...