Australia has become the international luxury destination of choice for wealthy Chinese tourists, according to a recent report.
After shuttering its first and only China store 15 years ago, the French high-end department store operator Galeries Lafayette has made a strong comeback by opening a new store in Beijing on Friday.
The international hotel and resort group has announced plans for a new high-end hotel in Shenzhen. The luxury accommodations will open to the public in 2017 within a 400-meter skyscraper.
Swiss watch brand Blancpain has opened its largest boutique in the world in Shanghai. Located in Xintiandi, the 600-square-meter store is the brand’s third in Shanghai and eighth in China.