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Analyst: Luxury market to double in five years

By Xiao Han | China Daily | Updated: 2010-09-13 08:33

Analyst: Luxury market to double in five years

With a sales increase of 131 percent in the first eight months this year, Mercedes-Benz was the fastest-growing major luxury brand in China. Photos provided to China Daily

BEIJING - As global luxury carmakers continue to report robust growth in China, a top global analyst has even better news - it forecasts the segment will double its size in the next five years.

Analyst: Luxury market to double in five years

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