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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).

The post China Imposes New 10% Luxury Car Tax appeared first on LUXUO.

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.

The post Beijing Auto Show Blows Hot and Cold appeared first on LUXUO.

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.

The post Ferrari Theme Park Coming to China appeared first on LUXUO.

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.

The post China Rendez-Vous Reboots Pioneering Hainan Boat Show appeared first on LUXUO.

Remy Martin to export ‘smart’ cognac to China

Chinese consumers concerned about counterfeit cognac will soon be able to verify the authenticity of a bottle of Remy Martin via their cellphone.

The post Remy Martin to export ‘smart’ cognac to China appeared first on LUXUO.

Armani to design luxury residences in Beijing

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

The post Armani to design luxury residences in Beijing appeared first on LUXUO.

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.

The post Mercedes-Maybach rolling out the door in China appeared first on LUXUO.

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.

The post Most expensive flat in Asia sold in Hong Kong: Report appeared first on LUXUO.

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%.

The post Shopping rush at Chanel stores after price cut appeared first on LUXUO.

Lang Lang becomes Hublot’s latest ambassador

Pianist Lang Lang is the new spokesperson for watchmaker Hublot.

The post Lang Lang becomes Hublot’s latest ambassador appeared first on LUXUO.

Fendi’s New Store at Shanghai’s Plaza 66

Fendi released this video to celebrate the opening of their latest Shanghai store, in the booming megalopolis's Plaza66 shopping mall.

The post Fendi’s New Store at Shanghai’s Plaza 66 appeared first on LUXUO.

China luxury market shrank in 2014

Sales of luxury goods in mainland China fell`1% to 115 billion yuan ($18.5 billion) in 2014 compared to a year earlier according to Bain & Company.

The post China luxury market shrank in 2014 appeared first on LUXUO.

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