Consumers in China's Lower-Tier Cities To Spend $10 Trillion By 2030
A report by the investment bank Morgan Stanley predicts that the purchasing power of Chinese consumers in lower-tier cities will reach $10 trillion by 2030.
Louis Vuitton's new store opening at Chongqing, China. (Image via Louis Vuitton's official Weibo)
Louis Vuitton's new store opening at Chongqing, China. (Image via Louis Vuitton's official Weibo)