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":"7e01e342aa3d12955e0153687331e909","s":"5474792a233ea454"}
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