The China Luxury exhibition: gallery – Times Live, South Africa

 

 

 

Photograph by: DAVID GRAY

Visitors stand near the new Aero Coupe car by luxury British automobile brand Morgan, after its launch at the China Luxury exhibition in Beijing.

China is presently the world’s third biggest market for personal luxury goods, worth at least 160 billion yuan (US$25 billion), but is expected within the next three years to leapfrog over Japan and the United States to take the top spot. As it grows, the market is also maturing, moving from so-called aspirational luxury, where bling is king, to what experts call absolute luxury: the desire to be seen as both wealthy and discerning.

 

Photograph by: DAVID GRAY

A model stands next to a new Aero Coupe car, made by luxury British automobile brand Morgan, after its launch at the China Luxury exhibition in Beijing.

 

http://www.timeslive.co.za/lifestyle/2012/06/08/the-china-luxury-exhibition-gallery#5