The Chinese luxury consumer just keeps increasing, with a confirmation now of 79 Chinese billionaires. Forbes reported “China's rich are fuelling the country's 15% annual growth in luxury sales, which have reached $9 billion a year, making the country the world's second largest market for top-end products.”
It cannot be argued that the Chinese consumer market is growing rapidly. Earlier this year we brought the news that the Chinese luxury market is now the second biggest in the world. Last year, we took a peak into the billionaire world of Beijing.
Image credit: fashionphile.com
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