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Bain: Chinese ‘Very Important Clients’ on the rise, 2pc of global consumers contribute to 40pc of luxury spending

China’s Very Important Clients, who mostly comprise high-net-worth individuals (HNWI), were a major contributor to luxury sales over the year. Image credit: Shutterstock China’s Very Important Clients, who mostly comprise high-net-worth individuals (HNWI), were a major contributor to luxury sales over the year. Image credit: Shutterstock

 

By Crystal Tai