Chinese couple walks past Mont Blanc store in Beijing
A Chinese couple walks past a Mont Blanc showroom in downtown Beijing, China on February 23, 2008. China is now the third-biggest consumer of luxury goods, accounting for 12 percent of sales worldwide, up from 1 percent just five years ago, according to a recent report from Goldman Sachs. If the high living continues as expected, the country will surpass Japan to become the world's second-largest purchaser of luxury goods by 2015, when it could account for 29 percent of the world's luxury sales, the report said. (UPI Photo/Stephen Shaver)
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