China is expected to account for about 20 percent of global luxury sales in 2015, and in less than a decade, more than three-fourths of China’s urban households will approach middle-class status on a purchasing-power-parity basis.
Madariaga - College of Europe Foundation
Events from this company
26 Jun 2012
The world economy is undergoing deep systemic and structural transformations. The way the world’s largest economies adjust and manage the transition towards a new and undetermined international economic order will be crucial for prosperity and peace.
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