By  on June 20, 2018

China’s transition to a market economy four decades ago heralded a new era of domestic consumption that continues to develop today, according to Andrew Wu, LVMH Greater China group president.

“The face of the Chinese economy has changed over the past 40 years. The face of the Chinese economy is younger, much younger. In fact, if you look at China’s top five cities, the GDP has reached such a level that the top five cities in China are equivalent to well-developed European countries’ economies,” said Wu.

To continue reading this article...

load comments
blog comments powered by Disqus