Chinese economy shockwaves: the winners and losers

What impact has China’s currency devaluation had on popular brands, neighbouring countries and shoppers?

The average spending of China’s high net worth individuals decreased by 15%

  Hurun Report releases Chinese Luxury Consumer Survey 2014 and Hurun Best of the Best Awards 2014. According to Hurun Report Chinese Luxury Consumer Survey 2014, the average spending of China’s high net worth individuals has decreased by 15%, with spending on gift giving down by a dramatic 25%. HNWIs are busier than ever. They … Read more

Rolls-Royce Majestic Horse Ghost

Rolls-Royce’s zodiac-inspired Ghost. “The Year of the Horse” inspired an iflux of China-exclusive luxury products. British Luxury car manufacturer Rolls-Royce stepped into the new year with a Chinese culture-influenced Ghost model. The special limited-edition “Majestic Horse” Ghost celebrates the year of the horse with depictions of the horse in traditional Chinese ink painting. The equestrian … Read more