China–India relations major economies in the world. Growth in diplomatic and economic influence has increased the significance of their bilateral relationship. Cultural and economic relations between China and India date back to ancient times. The Silk Road not only served as a major trade route between India and China, but is also credited for facilitating the spread of Buddhism from India to East Asia. During the 19th century, China's growing opium trade with the East India Company triggered the First and Second Opium Wars. During World War II, India and China both played a crucial role in halting the progress of Imperial
Luxury goods of China retail sales of luxury consumer goods; however, Chinese buyers account for 25% of global retail sales of luxury consumer goods. Many shops in international travel destinations have specialized staff devoted to Chinese customers. According to 2007 Global Luxury Survey by "Time" magazine, most luxury goods buyers in China buy luxury products as a status symbol. The top five luxury watch brands in the country are Rolex, Omega, Cartier, Vacheron Constantin, and Breitling. In a confidential report titled ""China Luxury Market study 2010"" in November 2010, the management consulting firm Bain & Company noted the top three luxury brands in China