The following Bloomberg video highlights the growing trend of ¬†independent Chinese travelers to Thailand who are giving the economy a boost thanks to their preference for luxury accommodations, dining and spa sessions.¬† Read more ‚Üí
The business opportunities for Hollywood in China have always outweighed the challenges of cracking the¬†country‚Äôs heavily regulated entertainment sector. In the last few weeks from the Beijing International Film Festival to Robert Downey Jr‚Äôs Iron Man 3 tour in China, efforts by Hollywood at increasing engagement with China is evident.
Photo: Actor/Director Hu Bing shopping with Affinity China guests at a¬†private Burberry event at South Coast Plaza¬†during Chinese New Year.
Burberry Group Plc reported strong fourth quarter revenue as sales of higher price point merchandise increased and strong demand in China and Hong Kong resulted in double-digit increases.¬† Read more ‚Üí
Despite the recent shift towards austerity in China, the annual Hainan Rendezvous still attracted high net worth Chinese in the market for luxury yachts. As this Bloomberg TV report shows, luxury car and yacht manufacturers are still making inroads into China.¬† Read more ‚Üí