China’s Millionaires Driving Luxury Goods Sales

China’s Millionaires Driving Luxury Goods Sales
Sean Leow
  • 24 april 2008

With an estimated 350,000+ millionaires in China, the country now ranks #2 in Asia behind Japan in this measure of wealth. Advertisements for jewelry, watches and other luxury goods line the streets in major Chinese cities as companies look to cash in on the boom in East Asia riches.

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