CHINESE SPENDING REDEFINING THE AUSSIE RETAIL MARKET

"A shift in Chinese shopping habits is redefining Australia's retail landscape, according to CBRE. The global property advisor has released its Luxury Retail 2015 report which indicates that increasing appetite levels for luxury goods is impacting the Australian retail market. The report showed that 70 per cent of all Chinese-led luxury purchases are now transacted overseas, resulting in increased sales across the world, including in Australia." Read more

Business News Australia 13 Jan 2016