How Fewer Chinese Grads in the US Will Hurt the Luxury Sector
Currently, over 30 percent of Chinese grads attending college and universities in New York and Boston regularly buy luxury goods to take home.
90 percent of Chinese students living abroad pay full-tuition using personal or family funds. They belong to China’s affluent second generation. Photo: Shutterstock
90 percent of Chinese students living abroad pay full-tuition using personal or family funds. They belong to China’s affluent second generation. Photo: Shutterstock