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Ostentation
Propels Luxury Consumption
Since first entering the Chinese market in 2002, Bentley has sold 85 limousines and created three records: largest sales volume in the Asia-Pacific Region, largest sales growth in the world, and highest Bentley 728 sales volume in the world. The unit price on 19 of the limousines sold in China exceeded US $1 million. Chinas economic boom over the past two decades
has generated a handful of millionaires and billionaires whose ostentatious
consumption of cars, watches and garments has boosted Chinas
luxury commodity market. It is, however, believed that the major driving
force behind Chinas luxury consumption is its 13 million middle
class rather than the moneyed few.
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