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":"de665ffe3868dfbc5c560701353f7e5b","s":"6d9b132e9c645613"}
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