HONG KONG, December 4, 2014 - Ever seen long lines of mainland Chinese tourists outside a Chanel or Louis Vuitton boutique here in Hong Kong? What's more, ever encounter hoards of Chinese tourists abroad in Europe purchasing luxury items like it's a daily necessity? Here's a simple picture that explains partly the reasons behind these Chinese behaviors.

With all these shopping abroad, what does it indicate for the luxury industry? If you are interested in knowing more behind this increasingly global trend, register for our luncheon presentation, The Bling Dynasty: Why the Reign of Chinese Luxury Shoppers Has Only Just Begun on December 10, 2014.

The source of the information above is from The Economist.