china, global beauty market, luxury brands, middle class consumers, south korean beauty products, western beauty products

Beauty and Luxury Brands Getting a Boost Thanks to China

The beauty industry is seeing robust growth thanks to China, according to a recent report by financial services company JP Morgan. As of 2018, China accounted for 14 percent of the global market, with demand for luxury products growing at a faster pace thanks to the country’s burgeoning middle class. China’s beauty market According to ...

Max Lu

A woman getting a facial treatment.