China has 25% of the total world luxury goods consumption (US$8.6 billion by Jan, 2010). Louis Vuitton, Gucci, and Chanel are the three most favorable luxury brands for Chinese consumers.
"We have money, lots of money"
Location: Plaza 66, Shanghai
Three men stopped in front of an LV store, with a handful of Salvatore Ferragamo goods, and were trying to decide if LV has anything expensive.
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