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  • 1
    Apr
    2011
    12:14pm, EDT

    AFP - Getty Images

    A crowd gather to admire a gold-plated Infiniti luxury sports car on display outside a jewellery store in Nanjing, east China's Jiangsu province on March 31, 2011. China is predicted to become the world's largest luxury goods market by 2020, accounting for 44 percent of worldwide sales and bigger than the entire global market is now.

    Gold-plated sports car on display in China

    By Phaedra Singelis, NBC News

    I'd be afraid to drive this car. Or park it under a tree - or really anywhere other than a garage.

    1 comment

    I'll take 2! The reason luxury is so huge in China is because they've never been allowed to own anything luxurious before..

    Show more
    Explore related topics: china, economy, world-news, gold-plated-car

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Phaedra Singelis

is a Supervising Producer at NBC News.com Previously she worked as an editor at the New York Times and the Washington Post in addition to working as a photojournalist at numerous newspapers.

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