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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.

How Fewer Chinese Grads in the US Will Hurt the Luxury Sector
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

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