The CEO of LVMH is reported to be planning to visit China this month.

[LVMH CEO is reported to plan to visit China this month]-LVMH CEO Bernard Arnault plans to visit China this month, according to people familiar with the matter. Mr Arnault lost his position as the world's richest man and was replaced by Mr Musk, chief executive of Tesla, as shares of his luxury goods empire fell in Paris on May 31st. (Bloomberg)