business

Demand for luxury goods in China bucks economic slowdown

6 Comments

The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.

© 2012 AFP

©2021 GPlusMedia Inc.

6 Comments
Login to comment

A very interesting phenomenon, definitely informative.

4 ( +4 / -0 )

Well, considering the relatively high numbers of millionaires in China, I am not very surprised. Indeed, I would question the use of luxury goods as an economic indicator, given the huge income and wealth disparity that exists in China.

0 ( +0 / -0 )

Indeed, I would question the use of luxury goods as an economic indicator

A very good point!!

4 ( +4 / -0 )

Trophy wives are the last to learn of an economic slowdown.

0 ( +0 / -0 )

I always get slammed for saying this, but for a long time I advised Japanese people to prioritize learning Mandarin before attempting English. I think I will not have to preach this sermon any longer, as it will probably become common sense to do this.

0 ( +1 / -1 )

I think japanese people are waking up to reality, saving some money and don't spending it all on brand bags and luxury goods

0 ( +0 / -0 )

Login to leave a comment

Facebook users

Use your Facebook account to login or register with JapanToday. By doing so, you will also receive an email inviting you to receive our news alerts.

Facebook Connect

Login with your JapanToday account

User registration

Articles, Offers & Useful Resources

A mix of what's trending on our other sites