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Opinion / Forum Trends

Why are Chinese obsessed with luxury goods?

( bbs.chinadaily.com.cn) Updated: 2014-10-27 08:26

Himani (India)

I think it's true not only with China but also with many other Asian countries like India because these countries have very high import taxes. Also it's a matter of status symbol when people brag about visiting abroad and going shopping in the US and UK.

Why are Chinese obsessed with luxury goods?

China has become an increasingly important market for global luxury brands. [Photo / For China Daily]

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