Chinese Consumers Tops in Love of Luxury Goods

Dec. 12 (Bloomberg) -- Bloomberg's Sara Eisen reports that Chinese consumers have overtaken U.S. shoppers this year to become the world’s biggest buyers of luxury goods, accounting for 25 percent of global sales through purchases at home and overseas. She speaks on Bloomberg Television's "Bloomberg Surveillance."

Could ‘Brexit’ Panic Markets into a Recession?
48:49 - The biggest pound bear expects the currency to lose 17 percent this year. And that’s if Britain remains part of the European Union. Bloomberg’s sterling survey predict declines of about 8 percent to levels last seen in 1985, based on an assumption citizens will vote to remain in the EU in the forthcoming referendum. Berenberg Chief Economist Holger Schmieding – who predicts a 35% risk of Britain leaving the EU - discusses with Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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