Policies meant to lure importers to Hainan, a resort island off China’s coast, signal an opening up, Beijing says. One expert calls it a “bait and switch.”
Category: Hainan Island (China)
-
Why is Ye, Formerly Kanye West, Doing a Show in China?
The provocative artist once known as Kanye West has received approval that was denied to Maroon 5 and Bon Jovi. China’s economic woes might be why.
-
In China, It’s Time to Splurge Again, and the Luxury Industry Is Relieved
The end of pandemic-era restrictions has unleashed a luxury spending rebound in China. Which Western brands are coming out on top?
-
In China, Luxury Shopping Faces Ongoing Headwinds
The New York Times – Business:China’s zero-Covid policy has weighed heavily on the high-end market in 2022. In the wake of recent protests, is a recovery in sight?