There's no doubt that the luxury market has taken over China. The last time I was in Paris, I heard more Chinese spoken in the background than in previous years. There's a fourth new Miu Miu store that's opened up in Hangzhou, China. To celebrate the opening Miu Miu is releasing an exlusive cloqué patent leather clutch bag with turn-clasp and bejewelled strap (pictured below). Other Miu Miu locations are in Shenzhen, Hong Kong, and Shanghai. Simply gorgeous!