Luxury consumers in emerging markets

Read this article about emerging markets and luxury consumers. You will find very interesting information, vocabulary and expressions.

Answer these questions after reading the article:

-What´s the difference between China in the 60s and China these days? Why is that?
-What does the article say about exclusivity and luxury brands?
-What happens when tourists from emerging countries visit Europe?
-Why is Japan different from other Asian countries?
-What is "the golden age" for luxury goods?