China has imposed an extra 10 percent tax on ultra high-end cars costing over 1.3 million yuan ($190,000).
As the Beijing Auto Show opens to the public April 24, the industry faces both more sobering news and exuberant breakthroughs.
Ferrari announced last week it had signed a memorandum of understanding with two Chinese firms to build a theme park in China.
The 2015 edition of Hainan Rendez-Vous will take place between December 3-6 at the Clear Water Bay Marina on Hainan island, 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 Giorgio Armani Group is set to launch a stylish new real estate project in China.
Mercedes-Benz is selling almost as many Maybach cars in China each month as it used to sell worldwide in a year.
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.
Starting April 8, French fashion house Chanel will cut sales prices on three of its prestigious handbags in China by 20%.
Pianist Lang Lang is the new spokesperson for watchmaker Hublot.
Fendi released this video to celebrate the opening of their latest Shanghai store, in the booming megalopolis’s Plaza66 shopping mall.
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 new W Beijing Chang’an has opened its doors, marking the 45th W Hotel worldwide and the second in mainland China after the W Guangzhou.
Bulgari Hotels are set to launch a new luxury hotel in 2017, located in Beijing’s upmarket Embassy District and overlooking the Liangma River.
The Ritz-Carlton Hotel Company is to open its first golf resort in China, which will open in 2015 in Hainan Island.
Global yacht-builders adapt to the new market in China, hoping to cash in as the country’s multimillionaires look for new ways to spend their wealth.
Burberry has opened a new flagship store in Shanghai, its largest in China so far and the first to feature the Burberry Beauty room concept.
The first Disneyland theme park resort in mainland China is to set to get an adjacent luxury shopping compound.
BMW celebrates the Chinese year of the Horse with a special edition 7-series luxury executive sedan.
According to a new report, Omega, Cartier and Rolex are in high demand among Chinese watch fans.