China
Chinese Shoppers Saved $827 Billion During Lockdowns. Now They’re Ready to Spend It.
Chinese consumers are free to spend again as pandemic restrictions ease, and the luxury industry is waiting for them.

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Chinese Shoppers Haven’t Returned to Europe for Luxury Goods, Even as Covid Restrictions Relax
Prior to the pandemic, Chinese shoppers made 70 percent of their luxury purchases abroad.
Tesla’s Sales in China Are Slipping, as Local Competition Catches Up
The EV company is losing ground in a country that makes up 40 percent of its sales.
The Luxury Industry Is Heading Toward a Slowdown in 2023: Report
The long-term health of the industry, however, is in good shape.
China’s Newly Relaxed Covid Restrictions Are Causing Luxury Shares to Rise
Companies are hoping that Chinese consumers will return to buying luxury goods.
The Cost of Flying to China Has Exploded—Here’s Why
In some places, tickets are 10 times what they cost only a few years ago.
China’s New ‘Sky Train’ Doesn’t Need Power to Levitate on a Magnetic Track
The train travels 33 feet in the air at speeds of up to 50 mph.
Louis Vuitton Honors Its Origins With a New Trunk Inspired by the Chinese Game of Mahjong
The French luxury brand pays tribute to its history with a new collectible trunk.
Hong Kong Mega Collector Adrian Cheng Is Building a $1.4 Billion Luxury Shopping Complex in Shenzhen
The real estate tycoon is fronting the bill for 2.4 million square feet of retail, office space and promenades.