China Tourist Luxury Spending to Increase 30%, Dundas Says

Chinese tourists are expected to spend 260 million pounds ($420 million) on luxury products in visits to the U.K. in 2011, up 30 percent from a year earlier, said Bruce Dundas, president of retail adviser London Luxury.

“China is a hugely emerging market in terms of traveling,” Dundas said in an interview today in Shanghai. “We have an enormous increase of visitors over the last two to three years and an enormous increase in spend.”