Research
Chinese International Luxury Spending Surges 122 Percent as ‘Euro Effect’ Takes Hold
Thanks to a weaker euro and Chinese shoppers’ growing fascination with international travel, they’ve been on a global luxury buying spree with skyrocketing spending growth rates. According to recent numbers released by VAT refund company Global Blue, Chinese spending on luxury goods shot up 122 percent in March, a staggering…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Jing Daily