Men accelerate the luxury market in China
Men are responsible for more than 50 percent of the Chinese luxury market – shows the new exploration of the CLSA brokerage and investment company.
According to the company, the men’s ratio on the Chinese luxury market is 55 percent, which is much more higher than the world average of 40 percent. The main reason is that the Chinese men like to give expensive branded products as gifts, in private life and in business life as well. (MTI)
Related news
More related news >
Related news
Provident: A growing number of Hungarians are finding it challenging to survive on their income
An increasing number of Hungarians are facing a challenge to…
Read more >GKI Analysis: Artificial Intelligence in the Workplace: Who Uses AI?
Artificial Intelligence in the Workplace: Who Uses AI? In July,…
Read more >The domestic labor market remains stable
The domestic labor market remains stable, with the number of…
Read more >