By 2025, the Chinese middle classes are expected to swell to about 250 million, and with fewer than 10 per cent of Chinese now owning a passport, the growth potential is huge. Photo: Handout

How shopping villages and Chinese tourists are changing the luxury retail landscape

Retail villages in China, Europe and the UK are attracting growing numbers, with Chinese shoppers accounting for 40 per cent of visitors, and this number is expected to increase dramatically as more Chinese travel overseas

Topic |   Luxury in China

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By 2025, the Chinese middle classes are expected to swell to about 250 million, and with fewer than 10 per cent of Chinese now owning a passport, the growth potential is huge. Photo: Handout
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