- Posted February 5, 2014 by
This iReport is part of an assignment:
Life in China
Mainland Chinese Invade Hong Kong --Shopping Malls
These days it should be SOLD IN CHINA
Mainland Chinese are fleeing to Hong Kong shopping malls, and boy do they know how to shop.
They don't just buy one Designer hand bag - they buy every size and colour.They buy luxury clothes labels by the suitcase full - just take a look at the suitcases most come with to fill up in the photos.
Thats right they not buying any old rubbish its only known brands and western brands at that. But whats fueling this new found wealth? You might be surprised to learn that the Chinese equivalent of the American QE PROGRAM HAS ADDED 15 TRILLION US DOLLARS TO THE CHINESE ECONOMY compared to Bernakes mosquito sized 2.3 Trillion!
So if your a Luxury brand label particularly a Western Brand label guess where your future lies!
Lets repeat that free floating money figure China 15 trillion Rest of the world very little..
Kung Hei fat Choi