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Thread: Top luxury firms seek salvation in China!
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[quote=BBQQ,340039]The whole world economies are in recession now. Those top luxury firms are also struggling for survive in the crisis. To look for salvation, they aim at China's market. Last week, The Top Essence fair was held in Beijng. Most of World famous top luxury brands gathered at the fair. A manager who visited the fair said there were some lows when the whole economy was in recession. However, those well-to-do people were not affected by the downturn. They still had a lot of money to buy these goods. What about those poor people? They are the direct victims of the financial crisis. It seems that China has many rich guys. Otherwise, those luxury firms won't enter Chinese market.[/quote]
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