Chinese shoppers 'biggest spenders on luxury goods'

Chinese shoppers this year emerged as the biggest spenders in the global luxury market, thanks largely to their sprees in Europe and the United States.

Shoppers from the mainland, Hong Kong and Macau, accounted for a quarter of global luxury sales this year - for the first time surpassing Americans who bought a fifth of the total, according to global consultancy Bain & Company.

via Business feed http://www.scmp.com/business/economy/article/1103983/chinese-shoppers-biggest-spenders-luxury-goods