Anecdotatly it is hard to say what direction luxury is heading since it is such a large segment now. Government crackdown on big Party dinners still in effect, not sure if government officials want to be made an example of (including receiving traditional gifts like watches).
- Has luxury peaked in mainland China? from South China Morning Post
- Chinese consumers’ demand for luxuries growing: survey from Xinhua
- Picking up a loaf of bread and a Gucci bag from China Daily
- ‘He Ain’t Ugly, He’s My Robot’ – Creative Use of Garbage in China Results in One Man’s Robo Pal from Rocket News 24
- Desperate Chinese College Student Takes Doctor Hostage from China Smack
- Seeking Help — For China’s Labor Market from The Wall Street Journal
- How China’s Push for World-Class Universities Is Undermining Collegiality from The Chronicle of Higher Education
- Forget the Headlines: Chinese Buying Big in US from CNBC (cheap houses)
- After Cadmium Scare, Hong Kong Rice Worth Jail Risk? from The Wall Street Journal (bought some imported rice from Cambodia)
- Hershey targeting 7.5bn yuan Chinese milk candy market from Shanghaiist
- 5,000 city users to put 4G services to the test from Shanghai Daily (but still no access to the other internet)
- An Investment Company Tries Its Hand at Farming from Caixin
- Local Governments Rush to Build Airports from The Economic Observer (how will they pay this back if their is oversaturation?)
- China Development Bank Calls Meeting as Bundled SME Bond Sours from Bloomberg
- CNY 3.5 Tln of LGFVs to Come Due in China in Two or Three Years from Caijing (will banks be forced to roll the loans over and over again?)
- Hidden Bad Loans Raising Ponzi Risk from Caijing
- China Tightens Rules on Bond Issuance from The Wall Street Journal
- Alibaba Intending to Dig Deep for E-commerce Gold from Caixin
- China offers India a “handshake across the Himalayas” from Reuters ($100 billion in bilateral trade by 2015)