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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bJ6Hv4QRAyFnTHP9oDpe3hyy8ucRNjequVRwrUEXzF0h4ocwfBz0VaZtdjhdp2oLs\/WIJtH+RA3J2xTNSNxy+D40KO7+KdMYAJrMXdydZUpsHBvWUykX2f8cITQd59\/yyqvzovxipgsHYz22DvYbkrv0BqzLTp8IY9VQxrFj0U7eTJCfliayGF4ayxCdWUzoP4JdQ6UVvPzFAKY+XosCUQPKfoniw4tDzrIJ7IhS4t2MWlNFjc0xR6yQdOIkSw6A\/2l8jYtpsaGE6E2iK05yl73nDTqZPQivwUtEU+BVyTwY01+DGxPt4FV8axoH5FIpVEEOIn9kkToAMyEChhawaCOedxPfd\/YKvai27N94z4ej0WkXDTSlZgx6KzKJpauiQ0NqiqR59hiOV\/no3LbAcJ2BluJXQGJkA6SNQMRhoWn3bg4s3\/cvS37p\/ZP\/\/7rwU3dTNsjMG6j1B\/zWme6Dcoxca2LnfIDNoUZe4AMsaL4DCPrSN640qrxdfplTnTKjHI\/PFgaEQ+TPqiZmnp25V3YSJJQIrffrckUIdSbjQThOcFxtn67M0QTCKQuKwxOD9swWuEpDRxb46Vrhu42RyGHdLZq4KHuRlAj+Xc5ICuJFBUhX5SjyD2ecylXPF2LsVM9V7wjelyiUSwJ5W7ujhTnGAGWdOrqrGAwcLS1u5OYApFEUttdy3cU0dBUAGRm2Gse9XX29o2rZ3miQ815qtcqLtShNcI1WVjhuPRAGnZtavht3Y6zGNkfkGww4kedYGLys0oskoj1M7zVWjSEUpRhscw521YqqpZ934m+qpzy8j6WCqbMqN+NQh8K192VikJ+b+vCHdidAQvOIfdTObDrsym+irtfOto9bGnAIfx8AkZDHK5+t1yGiyaraC+\/8MnLxJx83gpGBlX+C6naVAW5UiRnZe9qNpl2912a2CTKcyAPXSfR3raQgGxpSo4edefD0IP1nK\/1DFzyc2WTfrudB6+8lwS\/XTckgH82Exg2r8MPsdfG3V53Pyulf4AFSJQz1ju2n059ViRvOrFEZ0qGTtrmNH7sdYFaXCjRpc4ypvyhPU9NRDT2BF2I+870Wa78Vd0DlRD2pB8yOtPKznsAAYYvuH7qnnlLRbwOMgd2ES2EH3FPfeMvZnNhz7B+v3RmrZCnZSlWSsqvX4uGREWSUwGZyaAtbxFE7PargWfvHbgiZHaPffGzVgAizqaANp\/NWe3uNi9OyLHGo16TG9OufAjUcRAGMN37Sa7SZfnRcKC0HrPeapOp\/\/0ZdciuSKTgBkKXxGmzIKv2nHGklft9\/2WnZUVBMNyPxNK3wYaqOrfqICpgzBGnAoALTG1dFXi4vytu6Inx7FOCsnuhQr7rSZnaYUIv50gzagO8hkPh3jZnoYEh3J8CNBUCOOSfcox2algvL4RYIqt\/NEi7Boszx8msRBda90vbSLo2VHv+4wOnUeH6Vh6O4tC17T0EmwuB8Hj\/WfZh1+qA2VGHVG1Yy4ZGH4cyRrcK2HyFjiss1J7Xl8OoDrONkpypif1VT3NFz7\/QPu5fpc1jRMaWKJv1U1tbgCTkKCLYblFdtRPqavuujwQZ30USJgFZbMCjufY+u9\/gxxCytDY0BoqXGDSJosrm6lYz0Zi+VYsLLgUKOSnWtq2QJYIodSdMfVX6tEqi6DT7MvE6q2aqAvC2otyniYvm6RTVyuWFDv6Qd9sVrRdPJEPvsWvCDd+vsC1R8oiTwIuKUAUAhm4WeScUCTONa9b5U9UJ7pZ7xiRef7R2B+GNjpphmKkbsMsspmt19Am1JWvtKz2A5ZXgu5KkGqojv8hKkUzibnTiXdl3kV5TA1iXVcdTY2iVWqmfLv+qQpOuuKs1hfkscOpL8kwTPN8y9OYsniLthIApA5qbQWi0QIvAjM4jVWjCjmL6TS7DOFX9zkmqzi8OZgTqYObfeI4hkvt2Cv66ogzCh97Uo9Shcpx237DSdO2DTrV0qBo7tBaupyME3cuJhBds6kgP9VM6pTTf+HZ1zuHHUT0p38dn8EZVX3XJwKoNSAMMA1oh5D+WBGA4m5RqLme1xCLrD+4T4v9Be37L0Hw4nX5T1CWpVGtg7eEh1bjgO7ZzDXaA66UNIbQ8hLlapdSacHp9\/eSqzEoOPezLkeIxS\/QRwSyq87rChCa2+UKi9hH8DXRe2+h1ARJ9Eu+1uQtc9n0d4nRWY\/lixtV2mPSuh\/xCKEdhBm3cutXWzhpU2IOq+qZ0ExsAYyWV6N\/dSgFZRx5FCL9L38lSUNbUBWW9QXMc6dYgfbuQI\/kiqmNF1Pmo11hEjBnY+zM8MP+\/YBMB3QxxB5Mst0Wcl+gn4b7DLtN9xJnqicMLTVHZAVyae\/vo2eWRCYEyzwRX5dc7vUqfZl8S\/OivAbRsi9ru6jAOsL08MLOvhcNf7vM6xYbcjWokNVPvEzmNnIFoFsesOzA2x9gUZAxnJcSC3WapEUmEnno+rTaZ0\/rdyJk9GBYeXBZlgfaZBusiIP10w+16Zq1b7f\/yOUVC9LT1S\/z4fAO2b\/KuT8VKk8ehD4o00oeF6qA9u3zhihAdQTkZg03hsg1spW4DePgl+4p\/FBwiPkSthv85TDO5MVeENQyIJGhI0Q16fq1\/NRlOV9FzIhSHwJLyjXB\/fPIYSONXqS6kr4iJYveitI4NkYgi8TFb2GBN9jP5ITa2T2eR2czz\/OaaC4rzb3cXPFWGoWwb+O\/opNBIHJnRqP8ZI7F0w5U1WoyHUe4OcuFZgZY07HoxJtAr4HzJSTZbEfnDVSeNLRjH86QcsZ777NRC77N2umh7NFY6qrSLmqtCGBhqCp845OrY94MpagD56XrkIdEwYwIDp2RNfcc7x3zkBOy3JloNMmFc9JKX3hzJK24guL3ZUCRqRRCMXdLmGa7XzEXBM+1AJ\/UpA4tOwwiyFDJ7kLhz69zdehhKcjO07v+isz\/SDSJMqtw4FN8+7lAPT9uBYQpXhPTynPlC9zF9a\/fHa4w2Z4ppMzGgZZdCOegwvjuQzI2roQwtDrwvG2M7lKlqvuPAav7zEX5J8BfhnsM1oWXXGzi2+nDlUggTUNOwIsQm6186fJoGSEr0e6YzoKAjbPEyYp4DsIdZ7Hyx18P298HLeXA\/gv8eX3uFoJ38ULV51HPQE3Yland6NCzd6QlwuC5EUZAZyI3EI6Ihdx5HC+49S4QMihAtzTrR4p7ct5\/BsJVybdJvUdx9PywhDUiISQ7H0Jfjw9b0CmbmgpPawWRjFYNO0jT3+L6hznUvkIGMI8Xep9X9zBR\/2yof6Kjhx9zC4Cvc3lbIXaieKzUBtm7oaIMEp\/7EbapWK+8CzDsGaHweA6S8aoCSeG9z3jqep+NUstzgE1BVzTdXG84mDq1unVyVK9I9LSNA4VxoxjY1d29FOkMuKFrBw1IdVMRRHx9\/zFVXkHM0PvmRVyKupWytTs6Bf1B4i7E5z1N0KE3Ru64behu2NamnMSj4v+1QoOxovs\/dR5neFpmEzS06uWtK632v+4MDkVLBf93Dpn84G+6ylmJ77e+AF2WJsOkFC4r9lVTro7S7IvwfNXl6v61HR1PfSNBhrogMBcngQM75xk5SpCPkzJ4YkFclNLrPAqgaFwxjC4IWtSfCULoRKqPU5lIIEDfzjDRkGEpXD5FU\/kElvH\/qfaoBKyACQYX\/h7\/hie8Zdf0iLhcXRtDyuDH2rZvqe6L8vjkpLRE6Sv2bpv7eDa\/Zl1EhLGcwtS46AfWSc6s8yPZ7\/D8TJp3P5rLeRAQmJWYkQ4u2mnynv85QLGzAmsoiMj5hbtMaqccsntCzhPoM3k7LUGPhawYMbc5P5TyvcNF7TfnvAxs5Gu7HkkS\/M8kfzTCRgCoGSyDNU63Wck+pxX3TrCKJH4qoo6AhTTve6+r\/QbCaFSlKchqt0M0p8DQQVDxmKNeRfYLs5auiCVA8bmzn54ZFWFt6uMCGmGkbZZt+x6Y2iKQyTrj4d0UhXmUXZGwui5VLFYq6uZwCLQHek0FeM2UVlgO\/v4Rw7Isl8wJXAfut64eX8mAdMZS5yBDcjThac5TjARn6Z\/9Xc7qE+37Fgv9bYTq2h4mfF6mIHeUzgSxI+f8qfIFpN+apJI4nXBG+eLzg3fKu1Oup4CNlpd91p\/A1AkL9\/2odjiB7RB1N5I32ryMO9GNK8PhRpgQU0Q0ULuzXx\/ucn3P9NY9o9hDDqNMAKARi+9PQPTN5XWxH1zuk79NUCmGDmt4iWvLKP+6rbAIXeqG0mz0MUpr\/rccw3jznqUg7R3klvbB1qdzLcMJYQsCWDo\/N8QW+6TN3NhOXyhBmOajP9ZsmgKq+kaRnV4w2zwIPFC1XUMh8ottGjJjaOzWYe6vifnBeUE9wo12gSw5GwN+46K8GsY3Orw0GQlB5f3mmOVj07cjdaWsQPBqcxVgc4yDmM57UD2pcyAImozMIwSGXrRFI1f1FEepRpmCJ7u3IGHHZfCbowumFDcFIpI6Y4B2SHwIooHI0aB+37bqE7ghjsdbsUg44q8Xdjtc3TPuPsGJHom0XrjLG1Kt1aJD5AzTMF0SREo7553qcS6Tz8Cy2K5cb+kaed6MCNZghOlVtzE91+eP9e1LXpHlw8X8pZ4jOlQj9lKkUQqW9","iv":"0f7aea74035e83d5f5dc8448d24615b3","s":"8477b045ca3ffc40"}
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