China Overtakes U.S. as top Luxury Buyers
638 views · Published 13 December 2012 · 0:19 · Indexed 21 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Chinese consumers have overtaken U.S. shoppers this year to become the world's biggest buyers of luxury goods, accounting for 25 percent of global sales through purchases at home and overseas, consultancy firm Bain & Co. said.
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