在线国产一区二区_成人黄色片在线观看_国产成人免费_日韩精品免费在线视频_亚洲精品美女久久_欧美一级免费在线观看

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / Chen Weihua

Luxury shoppers ring alarm bells

By Chen Weihua | China Daily | Updated: 2012-02-03 08:06
Share
Share - WeChat

Path of cooperation over confrontation

Living in New York, I have the great pleasure of having Chinese friends come from afar to visit. Yet instead of seeing the real jewels of New York, such as St. Patrick's Cathedral, the Broadway musicals, the Metropolitan Museum of Art, Central Park, Brooklyn Bridge and jazz in the West Village, they are desperate to visit the Fifth Avenue and Woodbury Common outlets, about an hour's drive from Manhattan, where some 200 discount luxury goods stores are located. And it is not just the women it's also the men.

In fact, not all of these friends are wealthy. Yet many seem to have no hesitation when it comes to buying a luxury item that might cost one or two months' wages.

The whole thing reminds me of my year in Honolulu, Hawaii in the early 1990s. Pearl Harbor was the top destination for American visitors. But for Japanese tourists, it was the Ala Moana Shopping Center, where you saw young Japanese women shopping till they dropped.

Now Chinese shoppers have started to create a similar scene in not just New York, but also in other major US cities as well as the European cities of Paris, London and Milan. Such shopping sprees reach their peak during the Lunar New Year holiday. In fact, "Chinsumer" has already been coined to describe such lavish Chinese shoppers.

In the United States, Chinese and Brazilian tourists have become the top spenders. On average, a Chinese tourist spends $6,200, compared with the $4,000 average for foreign tourists to the US.

No wonder that US President Barack Obama signed an executive order on January 19, authorizing the Department of Homeland Security to expedite the visa processing for Chinese and Brazilians and increase the visa quota for Chinese and Brazilians by 40 percent. It was clearly meant to be an effective measure to create American jobs at a time when unemployment remains high.

According to estimates, some 1.15 million Chinese tourists visited the US in 2011. That number is expected to be more than 2 million by 2015, contributing $14 billion to the US economy.

The World Luxury Association has predicted that China is likely to replace Japan as the world's largest luxury market this year. In addition to the first-tier cities such as Shanghai and Beijing, second and third-tier cities have also seen the expansion of international luxury goods stores.

A recent study by Bain & Company shows that of the 25-30 percent growth in the sales of luxury goods on the Chinese mainland, more than 60 percent was by new customers. McKinsey & Company predicts that China will account for 20 percent of luxury sales worldwide by 2015.

While all this is good news for luxury goods companies, as well as countries popular with Chinese tourists, it is a solemn reminder of the widening income gap in China, where more than 100 million people still live in poverty. In terms of GDP per capita, the World Bank ranks China as the 90th country in the world, lower than many African nations.

To me, the blind worship of luxury goods, the irrational shoppers and the lack of interest in the real jewels of other cultures and countries sound multiple alarm bells for our society.

The author, based in New York, is deputy editor of China Daily US edition. Email: chenweihua@chinadaily.com.cn

(China Daily 02/03/2012 page8)

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日韩欧美在线播放视频 | 91人人射| 国产精品久久久久久久久久久久久久久久久 | 国产免费又色又爽粗视频 | 国产精品欧美一区二区三区 | 久久久精品 | 精品国产高清一区二区三区 | 黄色激情av | 欧美日韩在线播放 | 亚洲成人免费 | 成人精品| 国产一区a | 日韩欧美高清视频 | 看毛片网站| 亚洲午夜在线 | 伊人青青久久 | 91在线精品一区二区 | 国产精品久久嫩一区二区免费 | 欧美麻豆 | 性做久久久久久久免费看 | 狠久久 | 亚洲一级在线观看 | av一区在线| 欧美国产日韩一区二区 | 久久午夜视频 | 国产免费成人在线视频 | 欧美一区二区三区在线观看 | 久久首页 | 日韩精品一区二区三区免费观看视频 | 成人看的羞羞视频免费观看 | 精品久久久久久久久久久久久久久 | 国产精品国产成人国产三级 | 国产91网址| 精品国产一区二区三区成人影院 | 日韩专区中文字幕 | 欧美视频免费在线 | 日日操人人 | 成人欧美一区二区 | 午夜影院免费视频 | 成人免费视频观看视频 | 成人欧美一区二区三区黑人麻豆 |