"The World's Biggest Luxury Company Isn't Worried about China" (Quartz) "With an economic slowdown hitting China, whose citizens account for more than 30% of luxury spending globally, LVMH might be expected to worry. But according to CEO Bernard Arnault, it's still optimistic.""Chinese New Year Tourists Are Staying Home and Spending Less" (Fortune) "China's weak economy is making Lunar New Year travellers much more budget-conscious.""If You Import from China, You Know It's Chinese New Year — Because Business Grinds to a Halt" (Los Angeles Times) "Factories in the world's biggest exporting nation close their doors and workers pile onto buses and trains to head home in the largest annual human migration on Earth. Business and trade grind to a halt.""Is Hong Kong Still a 'Cool' Place for Luxury Shopping?" (CNBC) "Retailers in Hong Kong preparing to welcome Chinese mainland tourists over the Lunar New Year festive period face a real crisis: Canny shoppers don't think the special administrative region is cool enough.""Chinese Shoppers in South Korea Shun Luxury for Local Brands" (Reuters) "Chinese visitors to South Korea are buying less from global luxury mainstays like Louis Vuitton and Chanel in favour of cheaper homegrown brands, as young, independent travellers make up a bigger share of tourists."