China's Luxury Market Shifts Upscale

As the appetite for luxury goods in China slows, the market's fastest growth is shifting to the ultrahigh-end of the market from luxury brands with mass appeal.

Topics:  china   luxury   market   
BING NEWS:
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  • Trump's win spells trouble for a luxury comeback in China
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  • Boxy runabouts and luxury models rev up China’s EV market
    At the extreme other end of the market, Shanghai-based maker NIO offers models with a starting price of around $55,000. The company was founded in 2014, and only shifts just over 40,000 units a ...
    04/9/2023 - 10:07 am | View Link
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