Insight: China's Luxury Goods Market
Aggregated Source: China ChallengesMy new article has been published in Insight magazine here in Shanghai. With Venessa Wong, I wrote:
In mid October, the Top Marques Shanghai show, held at the Shanghai International Convention Center, attracted some of the world's most glamorous luxury cars, sports cars, yachts, furniture and fashion brands to show off their wares. Coming just days after the city's F1 Grand Prix, which attracted thousands of attendees, the show gave exhibitors such as Bentley and Vanity Jewels the opportunity to meet “rich and aspirational Chinese” from all over country, the event website stated. During the four-day exhibition, wealthy consumers splurged US$63 million on luxury items from high-end spirits to automobiles.
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