Here is a prediction to warm the hearts of luxury retailers.
The number of Chinese travelling abroad each year is set to more than double to at least 202m in the next decade, according to HSBC.
The bank's chief Asia economist Frederic Neumann forecasts that, despite China's current economic slowdown，“We've barely scratched the surface, with the equivalent of 7.1% of the population travelling overseas last year, roughly the same share as Japanese in 1989 and Koreans in 1995. ”
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