China may start levying taxes on an increasing number of luxury goods as part of the country’s efforts to push forward economic reform.







China may start levying taxes on an increasing number of luxury goods as part of the country’s efforts to push forward economic reform.

US auto giant General Motors will build a $1.3 billion Cadillac plant in Shanghai after China approved the project, it said Tuesday as it seeks more luxury sales in the world’s biggest car market.

Rolls-Royce opens its sixteenth showroom in China, which took the position as the world’s largest showroom covering 1,200 square-meter space over two floors.

Famed French luxury brand Christian Dior is set to re-stage its Spring 2013 haute couture show for buyers and press in Shanghai, China on March 30.

From Wednesday onwards, customers at Vera Wang’s Shanghai store will no longer have to stump up a 3,000 yuan non-refundable deposit to try on wedding gowns.

Vera Wang is known as the ‘Queen of Bridal’, and her lavish gowns are regally priced, with dresses in her Chinese boutique starting at 30,000 yuan ($4,815).


















