Tag Archives: Chinese spending

One Million Millionaires In China And Their Spending Patterns

One Million Millionaires In China And Their Spending Patterns

With the recent finding that China is now home to one million millionaires and tens of thousands of the super-rich, both new and established luxury brands are eager to engage with these consumers. The following are several articles detailing the recent spending trends among these wealthy Chinese and the types of products or experiences that characterize their habits as consumers.

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China Luxury News Roundup

China Luxury News Roundup

Summary: Chinese shoppers arrive in droves to London Christmas sales. Chinese consumers are increasingly seeking out diamonds for fun and profit. Chinese tourists continue to prop up global luxury sales. Second and Third tier Chinese cities driving luxury spending. Chinese tourists tire of group travel. Understanding Chinese luxury consumers can be puzzling. What Chinese women want.

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