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Why China’s youth pay for luxury with credit

Rising incomes, dynamic lifestyle aspirations, and high consumer confidence have helped boost the China market. But there’s another emerging factor: consumer credit. Image courtesy of Apple Rising incomes, dynamic lifestyle aspirations, and high consumer confidence have helped boost the China market. But there’s another emerging factor: consumer credit. Image courtesy of Apple

 

By Glyn Atwal

China’s luxury market continues to deliver positive returns and outperform market analyst expectations.