Survey: U.S. Companies Optimistic Despite Slowing China Economy China’s transitioning market, having largely moved away from the low-cost export model that once drove U.S. business strategies in China, according to AmCham Shanghai’s 2012–2013 China Business Report. U.S. companies in China continue to report strong financial performance and rank China as a top global investment destination. … Read more
Forbes Travel Guide: 55th year of rating and recommending the world’s best travel experiences Forbes Travel Guide unveiled its 55th annual listing of Star Award-winning hospitality establishments worldwide. Marking the latest installment of the travel ratings system that has been the gold standard in the hotel industry since 1958, the new awards list includes the … Read more
50 Years of the Porsche 911 For Porsche, the 50th anniversary of this iconic sports car is the central theme of 2013. There will be a wide variety of anniversary events, starting with the “Retro Classics” automobile show in Stuttgart. From March 7-10 the Porsche Museum will ring in the anniversary year with four special … Read more
China is Porsche’s fastest-growing region In 2013, Porsche China expects to continue building upon its spectacular successes from the past year and further establish its position as the leading luxury sports car maker in the market. The marque set another sales record in 2012, delivering a total of 31,205 cars across mainland China, Hong Kong … Read more
Most expensive cities in the world; Australian cities remain among the most expensive in the world for expatriates despite smaller price increases this year Tokyo, Osaka and Sidney are the most expensive cities for cost of living, according to the latest Cost of Living survey from ECA International. Over the past three years, Asian locations … Read more
LVMH well-equipped to continue its growth momentum Despite an uncertain economic environment in Europe, LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury products group, says it is well-equipped to continue its growth momentum across all business groups in 2013. LVMH recorded revenue of €28.1 billion in 2012, an increase of 19% compared to 2011. … Read more