What is China’s share of global luxury consumption? Is it really as low as the 10% share in this @FT @laureni chart?
ft.com/content/c93882…
In fact, Chinese consumers = 35% total global market share. BUT they spend whilst traveling outside China, show up in Europe & US data. https://t.co/jQ2i22Q35D
Decoupling from China? Not in finance in 2020 and not in pharma either: Record 271 cross-border licensing partnerships were agreed
Decoupling from China? Not in finance in 2020 and not in pharma either: Record 271 cross-border licensing partnerships were agreed btw multinational groups including Roche,