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":"6526d27fe2dc0e8daa3d3437973212ee","s":"23340d597d34e69b"}
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