LVMH: Will continue to invest in China.

French luxury group LVMH deputy CEO Stephane Bianchi said on Wednesday that they will continue to invest in China, saying "we are not worried." He added that the demand in the United States is showing preliminary signs of rebound, but the situation will remain difficult as long as the trade tensions with the European Union over tariffs are not eased. Bianchi also stated that they can increase prices by 2% to 3% annually, but any increase beyond that will not be absorbed by the market. He mentioned that they are currently not planning to raise prices too much and will leave room to adjust if necessary.