The China Edit | Slowdown Hits Armani, Alibaba Feud, Travellers Lose Appetite

"Giorgio Armani Revenues Hit by China Slowdown" (The Guardian)
"Italian fashion house Giorgio Armani experienced a slowdown in revenues and profits in 2015, after suffering a drop in business from Chinese consumers."

"Inside Alibaba's Anti-Counterfeiting Feud" (Associated Press)
"This is the tale of how one of China's corporate giants won — and ultimately lost — a friend in Washington, using legal methods long deployed by corporate America: money and influence."

"Chinese Travellers Losing Appetite for Luxury Products" (China Daily)
"More bad news for the luxury industry: China's affluent travellers, the world's biggest force in global luxury spending, have discovered a preference for having a bite of local cuisine rather than snapping up the likes of Chanel bags and Rolex watches."

"China to Open E-Commerce, Other Sectors to Foreign Investment" (Reuters)
"China will lift restrictions to investments by foreign firms in a range of service industry sectors, including e-commerce, logistics, accounting and auditing."

"How New Balance Ran Into A Trademark Wall In China" (Fortune)
"Has the Boston-based athletic-shoe maker made a mistake by fighting a two-decade trademark battle?"

"China Bets on Duty-Free Paradise to Keep Luxury Spenders at Home" (Reuters)
"China's efforts to lift local consumption and spur domestic tourism have spawned a duty-free paradise on the southern island of Hainan."