A customer tries on a watch at a duty-free shop in Sanya, Hainan province on April 19, 2012. [Photo/IC] |
Watches
Plunging foreign currencies has also contributed the demand of luxury products. Chinese tourists visiting Russia in December 2014 increased by 50 percent compared with the previous year due to the plunging Russian ruble, reported the Beijing Times. Many of these tourists came to Russia to buy luxury goods.