per capita
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. Read More
Undaunted By Tough Market, High-End Chocolatiers Expand In China
Despite the steadily growing presence of upmarket European and North American chocolate makers, China has traditionally been a difficult market. Read More
China Now World’s Largest Importer Of Bordeaux Wines
According to figures recently released by the Bordeaux Wine Industry Association (CIVB), last year China surpassed Germany to become the world's largest importer of French Bordeaux wines in terms of… Read More-
Macau’s Dramatic Luxury Makeover
Over the past several years, there has been a major push by global luxury brands to gain a solid foothold in Macau. But can Macau pick up steam as a… Read More -
India vs. China: Who Will Win The Luxury Race?
In the wake of last year's economic slump, the world's top luxury brands have intensified their efforts in developing a strong foothold in the emerging world, particularly in the BRIC… Read More
