Timeline label

Graph Depicting China's Role in the Luxury Goods Market

Image caption

Charting the Rise and Fall of the Luxury Goods Market

China has slowly but surely been taking over the luxury goods market. While the market has grown significantly in the last thirty years, no country has had a bigger impact on it than China. No longer burdened with the idea that in order to be a good Chinese citizen you must struggle in life, the Chinese consumer is free to spend at their will and make as much money as possible. In order to compete with Western style icons, the wealthy Chinese must purchase luxury, name brand goods to change their status from a growing fashion influence into one of the most prominent.

在过去的几年中，中国一直在增加他们花在贵商品上的钱。在过去的三十年中，世界其他地区也一直在购买更贵的商品，但是没有哪个国家的购买量能超过中国的人。中国人不再认为您必须努力成为一个好公民，因此，现在中国人可以赚很多钱，花很多钱。为了获得西方人对时尚的尊重，中国人必须从高端品牌那里买同样贵的商品，才能将自己的地位提升到时尚程度最高的国家。

Timeline date

2019