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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. Luxury Women to Watch 2017
  2. Capri Holdings closes Versace divestiture
  3. Moncler returns to the slopes for Grenoble campaign
  4. Ruinart reveals annual Carte Blanche creative collaboration
  5. Luxury Unfiltered: The luxury market will lose the middle ground in 2026
  6. US lowers tariff on Swiss imports to 15pc
  7. JW Marriott, Flamingo Estate roll out new wellness experiences
  8. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  9. Dior reinvigorates Miss Dior with latest floral romance
  10. Lancome to secure spokeswoman Julia Roberts for $50M
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