China: The Next Superconsumer?

Airtime: Wed. Jul. 7 2010 | 11:20 PM ET
According to Bain & Co, China has swept past the US as the world’s #2 luxury market, and it’s expected to grow 15% in 2010. Shaun Rein, managing director of China Market Research Group, speaks to CNBC’s Chloe Cho about luxury brands big push into China.