Retail
January 29, 2018
As China's share of the world's billionaires grows, so too does its luxury market. Image credit: Peninsula Hotels
By Danny Parisi
As China’s share of global high-net-worth individuals grows, the country’s wealthy elites increasingly believe that in the next 10 years it will overshadow the United States as the country with the most ultra-affluent consumers.
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","iv":"a264a0a423f40f0f0caa2dfcb64449f0","s":"93017c3515885040"}
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