Bain & Company's China Luxury Market Study for 2010, released Tuesday, reveals how well
luxury-goods purveyors did last year in China. Total
domesticluxury spending on more than 200 global brands that Bain defined as high-end - reached 68
billion yuan (US$10.2
billion) in 2009. One of the biggest categories: watches.
咨
Chinese shoppers spent 15.5 million yuan on watches