China’s One-Child Generation Clamors for Luxury Goods

Chinas luxury consumption now centered in first-tier cities like Shanghai is expected to expand into second- and third-tier cities

Image Credit: Lo Mak/Redlink/Corbis

China’s luxury consumption, now centered in first-tier cities like Shanghai, is expected to expand into second- and third-tier cities.
The Chanel boutique in Bejing

Image Credit: Courtesy Photo

The Chanel boutique in Bejing.
The Dior boutique in Shanghai

Image Credit: Courtesy Photo

The Dior boutique in Shanghai.
The Miu Miu boutique at The MIXC Mall in China

Image Credit: Courtesy Photo

The Miu Miu boutique at The MIXC Mall in China.

Chinas luxury consumption now centered in first-tier cities like Shanghai is expected to expand into second- and third-tier cities