China property slowdown tipped to hit luxury consumption
Magdalene Miller, manager of SLI’s China Equities fund, expects China’s nouveau riche to ease luxury spending as the property market softens.
China’s nouveau riche are being tipped to slow spending on luxury goods amid expectations of a softening domestic property market, where many of them accumulate their wealth.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.