China luxury car market surging despite government austerity measures

China luxury car market surging despite government austerity measures

Luxury sales skyrocket in China, despite austerity measures

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Super-luxury and supercar sales haven`t slowed in China, despite President Xi Jinping`s attack on conspicuous consumption a few years back. Maserati, McLaren and Porsche each just had their best sales year ever in the country, while Ferrari and Aston are also closing in on their peaks. Read More