chinese wealthy
What Does the Surge of Chinese Billionaires Mean for Luxury Economy in China?
The rapid expansion of Chinese billionaires in 2016 highlights the importance for luxury brands to capture the purchasing power of this demographic. Read MoreChina’s Outlet Malls Are the Silver Lining of the Luxury Retail Wreck
A new report by Bain & Company said opportunity of offline luxury retail sector lies in China's middle-class shoppers, who love shopping at outlet malls. Read More9 Out Of Top 10 Buyers Hail From Asia At Christie’s Second-Highest Hong Kong Sale
Investment-minded Chinese buyers played a big role in driving up sales at the auction house's 20th century and contemporary Asian art auction in Hong Kong on Saturday. Read More