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Prices of a number of luxury brands, said Zhu Xu desirable to reduce import tariffs Hong Beijing July 12 news, according to Voice of China Global Chinese Radio Network reported in the luxury goods and luxury goods tariffs are lowered into a controversy when, many luxury brands have recently announced price increases, or 5% range. It is reported that since July 1 Rolex price adjustment 5%; Chanel and other luxury goods rose 20 percent price increases have also Although the Ministry of Commerce and Ministry of Finance on whether to reduce tariffs on luxury goods are still at loggerheads over a number of high-end shopping malls in the capital, luxury has opened a competing prices posture. In Shin Kong, CHANEL CLASSIC SERIES double bag cover price rises of about 30,000 yuan, after prices price of 37,500 yuan. It is said that basically classic rose more than 20%. LV has recently came news of rising prices by an average of 6%. A black champagne package price from more than 16,000 yuan rose to 19,000 yuan. LV's Speedy handbags, store price is added to by the 5500 yuan 5800 yuan, representing an increase of over 5%. Moderator: Recently reduced tariffs on luxury goods has been controversial, in your opinion tariff reduction, luxury prices will fall? Zhu Xu: The merchant's price fully demonstrated through tariff reductions in order to sell luxury goods in China, the price is almost an imagination. Why? Because tariffs exist, businesses can use this as a reason to do very high commodity prices; But if reducing tariffs, businesses will make the same response: It can be very restrained silence, or even ahead of the price first lift. Why do you say? Itself in the luxury price structure in tariffs, accounting for a share of 10%%, but such a level, so this part of the adjustment is far not directly affect the price. And the prices of luxury goods in China more or depend on supply and demand and sales of convenience. It has taken on the demand and supply is hungry sales, and turn it on in the sales convenience stores concentrated in cities, will not let you buy is very convenient, the total available is insufficient, it can still use a very high price to maintain market sales. Therefore, tariff adjustments actually does not have any impact on prices.