Retail
October 16, 2017
As China's share of the world's billionaires grows, so too does its luxury market. Image credit: Peninsula Hotels
By Danny Parisi
The population of affluent consumers in China is continuing to grow at an impressive rate, with the collective wealth of the top 100 consumers in China growing 60 percent year-over-year.
{"ct":"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","iv":"2e1b416fb9cb2a2a9781794c553f0792","s":"eb052d5503b392c3"}
Share your thoughts. Click here