Consumer spending in China has enjoyed double-digit growth for the past decade. It's come in the form of spending on luxury goods like name-brand shoes and clothing -- the World Luxury Association in their 2011 annual report predicted China would replace Japan as the world's top consumer of luxury goods this year -- and on travel: nearly 39 million mainland Chinese headed overseas in the first half of this year, double the number from 5 years ago. Analysts say the consumer market in China is still polarized between a superrich class taking shopping trips to Europe and an emerging middle class spending between $10 and $100 a day on average.
Above, Chinese women walk past a Prada store in Beijing in June 2012.
Feng Li/Getty Images







