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Dec. 23, 2024
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Government

Is China’s “Common Prosperity” plan good or bad for luxury?

August 25, 2021

President Xi Jinping is pushing “common prosperity” to help support China’s middle class. But can this agenda benefit luxury in the long term? Image credit: Shutterstock President Xi Jinping is pushing “common prosperity” to help support China’s middle class. But can this agenda benefit luxury in the long term? Image credit: Shutterstock

 

By Adina-Laura Achim

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  1. Mood of global millionaires in the pandemic-era
  2. Mercedes-Benz rolls out AI-enhanced MBUX Voice Assistant
  3. Preloved items from Hermès hold highest resale value: The RealReal
  4. Luxury Unfiltered: When brands fall spectacularly short on client service
  5. Off the Cuff: A Q&A with Steinway & Sons' Ben Steiner
  6. What to look for when buying your first luxury watch
  7. Harry Winston emphasizes duality with new watch collection
  8. Luxury slowdown reached Richemont last quarter
  9. All-new 2024 Lexus GX SUV stars in annual holiday campaign
  10. 2024: The challenge for luxury amid global and regulatory changes
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