The Chinese consumers will push the global luxury market in the forthcoming years

The Chinese consumers will push the global luxury market in the coming years – predicts the CLSA broker and investment group.

Among others, the rising Chinese middle class will help the luxury market's growth. On a global level, 10 percent, in China 24 percent growth is expected. The global luxury market will increase to 216 billion euros (62 thousand billion HUF) this year – shows the latest study of the Hong Kong-based company.  (MTI)