A Look at Life in China

Customers queue up as they wait the opening of the main shop of French luxury group Hermes in Paris, France, September 23, 2015. Chinese luxury consumers are spending more on ready-to-wear and new labels, a notable shift in the behaviour and tastes of the world's top spenders, a Reuters survey of retailers in the United States, Asia and Europe showed. Analysts estimate more than two thirds of luxury purchases by Chinese buyers is done overseas, mainly in shopping hotspots such as Paris, Milan, London, New York and Tokyo, which can offer savings of more than 50 percent compared with China prices thanks to foreign exchange rates, tax refunds and other discounts. (Photo by Charles Platiau/Reuters)
A Look at Life in China
   
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