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In China's slowing beauty market, big brand discounts won't cut it | The Asahi Shimbun: Breaking News, Japan News and Analysis

SHANGHAI--Expensive beauty hauls are a thing of the past for Evelyn Zhu. The Chinese branding professional says she now only spends on skincare essentials, joining millions of other consumers who have cut back on cosmetics in the worldโ€™s second biggest market.
William Lau Gregoire Grandchamp Estee Lauder Evelyn Zhu Jacques Roizen Digital Luxury Group
Source: asahi.com

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Young Chinese spurn traditional investments in favour of gold | The Asahi Shimbun: Breaking News, Japan News and Analysis

SHANGHAI/BEIJING--Gold buyers in China are getting younger, as a property market downturn, weakening stocks and currency and low bank deposit interest rates have left them with dwindling options to save for rainy days in a sputtering economy.
Linda Liu Chow Tai Fook Jacques Roizen Nadia Qi Kent Wong Chow Tai Fook Jewelry Group
Source: asahi.com

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