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":"d8be4758c675a8d124216c25c9bb9aac","s":"26abf0ad1f98b06a"}
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