HONG KONG — Fast-growing China is poised to account for 44 percent of the global luxury market by the year 2020, according to a new report from CLSA Asia-Pacific Markets.
designer-luxury
designer-luxury
February 14, 2011
Report: China Near Half of Luxury Market by 2020
CLSA Asia-Pacific Markets forecasts the Chinese luxury market will grow at a rate of 25 percent a year for the next five years.
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