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Latest in Business

Chengdu and Shenzhen Lockdowns Dim Luxury Prospects

Jefferies projects a 2 to 3 percent decline in luxury sales for the financial year of 2022.

Hong Kong Shows Signs of Retail Rebound

The city's premium shopping mall Harbour City saw more than 70 new store openings in the first three quarters…

China Puts Major Retail Hub Chengdu Under Citywide Lockdown

Major luxury shopping malls, such as Sino-Ocean Taikoo Li Chengdu and Chengdu IFS, were forced to close…