In China, It’s Time to Splurge Again, and the Luxury Industry Is Relieved The end of pandemic-era restrictions has unleashed a luxury spending rebound in China. Which Western brands are coming out on top?
China Imposes More Covid Lockdowns, Stoking Anxiety Nearly every province has recorded infections in recent days, leaving some 60 million residents locked down. Weariness is growing by the day as the restrictions go on seemingly without end.
China’s Covid Lockdowns Strand Tourists Tens of thousands of domestic travelers were stuck at their summer vacation destinations after local outbreaks forced them into quarantine.