Number of Chinese luxury consumers to grow by 30% over next decade
12/03/2012
An organisation called the China Luxury Institute has predicted that, within ten years, 30% of Chinese consumers will shop for luxury goods. Cai Sujian, president of the organisation, has told local media that growth is being driven by more and more consumers becoming buyers of luxury items. He said that only 5% of the population bought high-end...
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