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":"eea59d5750dc4d2e754363054023acab","s":"cc12ade2de9fef87"}
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