China luxury

China Imposes New 10% Luxury Car Tax

China has imposed an extra 10 percent tax on ultra high-end cars costing over 1.3 million yuan ($190,000).

Beijing Auto Show Blows Hot and Cold

As the Beijing Auto Show opens to the public April 24, the industry faces both more sobering news and exuberant breakthroughs.

Ferrari Theme Park Coming to China

Ferrari announced last week it had signed a memorandum of understanding with two Chinese firms to build a theme park in China.

China Rendez-Vous Reboots Pioneering Hainan Boat Show

The 2015 edition of Hainan Rendez-Vous will take place between December 3-6 at the Clear Water Bay Marina on Hainan island, China.

Armani to design luxury residences in Beijing

The Giorgio Armani Group is set to launch a stylish new real estate project in China.

Mercedes-Maybach rolling out the door in China

Mercedes-Benz is selling almost as many Maybach cars in China each month as it used to sell worldwide in a year.

Most expensive flat in Asia sold in Hong Kong: Report

Swire Properties has sold a duplex apartment at Opus Hong Kong in Mid-Levels for HK$497 million, setting a record as Asia's most expensive flat.

Shopping rush at Chanel stores after price cut

Starting April 8, French fashion house Chanel will cut sales prices on three of its prestigious handbags in China by 20%.
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