Affluent shoppers evolve in China

.International Luxury Travel Market Asia claim that some 500,000 people in China boast disposable assets of $1.6m, and the country has 4,000 billionaires in its own currency.
.The number of outbound tourists from China climbed by 22.4% in 2011, to 70.3m, with this audience purchasing rising amounts of luxury goods and services abroad.
.China will account for about 20% ($27 Billion) of global luxury sales in 2015 & China will be the world’s largest E-Commerce market by 2015.

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- by ADM Admin


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