Fortune Character
China's Luxury Goods Industry set for Profitable Future: Experts
| Desiree Sison | | Feb 29, 2016 07:36 AM EST |
High-end retailers, investors, and industry insiders have been unanimous in saying that China's luxury goods industry is still well on its way to profitability despite losses it incurred for the second year in a row in 2015.
Chinese Shoppers Buy Almost Half of World's Luxury Goods in 2015
| Desiree Sison | | Feb 15, 2016 07:27 AM EST |
Chinese consumers made up almost half of the world's buyers of luxury goods in 2015, spending a whopping 1.2 trillion yuan ($184 billion) overseas.
Advertisement
Subscribe to CHINATOPIX !
Sign up for our free weekly newsletter for the latest in-depth coverage!
EDITOR'S PICKS
-
Did the Trump administration just announce plans for a trade war with ‘hostile’ China and Russia?
-
US Senate passes Taiwan travel bill slammed by China
-
As Yan Sihong’s family grieves, here are other Chinese students who went missing abroad. Some have never been found
-
Beijing blasts Western critics who ‘smear China’ with the term sharp power
-
China Envoy Seeks to Defuse Tensions With U.S. as a Trade War Brews
-
Singapore's Deputy PM Provides Bitcoin Vote of Confidence Amid China's Blanket Bans
-
China warns investors over risks in overseas virtual currency trading
-
Chinese government most trustworthy: survey
-
Kashima Antlers On Course For Back-To-Back Titles
Advertisement
MOST POPULAR
Advertisement
LATEST NEWS
Zhou Yongkang: China's Former Security Chief Sentenced to Life in Prison
China's former Chief of the Ministry of Public Security, Zhou Yongkang, has been given a life sentence after he was found guilty of abusing his office, bribery and deliberately ... Full Article
Advertisement
TRENDING STORY
China Pork Prices Expected to Stabilize As The Supplies Recover
-
Elephone P9000 Smartphone is now on Sale on Amazon India
-
There's a Big Chance Cliffhangers Won't Still Be Resolved When Grey's Anatomy Season 13 Returns
-
Supreme Court Ruled on Samsung vs Apple Dispute for Patent Infringement
-
Microsoft Surface Pro 5 Rumors and Release Date: What is the Latest?
Advertisement
