Marketing
November 5, 2021
Most Chinese millionaires expect to increase their luxury spending in early 2022. Image credit: Valentino
By Sarah Ramirez
While China’s affluent have led luxury’s recovery from the COVID-19 pandemic, their optimism seems to be waning nearly two years after the start of the global health crisis.
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","iv":"283507b03eac52200d78b59a256d90b5","s":"c059127f3c97ed52"}
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