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© 2012 AFPDemand for luxury goods in China bucks economic slowdown
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© 2012 AFP
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A+b/a=a/b≡?
A very interesting phenomenon, definitely informative.
WuZhuiQiu
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.
A+b/a=a/b≡?
A very good point!!
redsac
Trophy wives are the last to learn of an economic slowdown.
thywillbedone
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.
Lilic
I think japanese people are waking up to reality, saving some money and don't spending it all on brand bags and luxury goods