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Mercedes: Fastest-growing sales in premium segment

By Fu Jingjing | China Daily | Updated: 2010-11-15 07:54

Mercedes: Fastest-growing sales in premium segment

The premium urban car brand smart on display at the 2010 Chengdu Motor Show. Provided to China Daily

BEIJING -While Western economies are still grappling with economic recovery, a study released by Bain & Company last week showed that China's consumer luxury goods market is outpacing every other luxury market in the world, with a projected growth of 23 percent this year.

Mercedes: Fastest-growing sales in premium segment

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