Luxury market defies downturn
By Li Wenfang | China Daily | Updated: 2009-11-27 07:54
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A model presents a vintage automobile at a luxury commodities show in Guangzhou, capital of Guangdong province, yesterday. Exhibitors said demand for the goods has been strong despite the global economic downturn. Zou Zhongpin |
GUANGZHOU: The global economic downturn has failed to sour the Chinese appetite for luxury goods, said exhibitors at a luxury commodities show that opened in Guangzhou yesterday.
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