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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Q4zLUz1Mi4jQqKzYr+fPEj8LS6DbO83ps56CW+GLhio8Ddp+xT6yRNIsxM5snFkIiv4gJAzJaUXYAwqykU90KsVqdCkl7mD4Xeu6qYnaO1uNlDXClq7B\/j9xIdln97ybu9KpPYirSCeJCbeXKJPD0\/d+RvldxGGjQvA7Xyj4fODjSIDjXjeZYDc7ELSnkEjdJ6jvCefj76zXUJUu5IDuh71C+3JNx\/S+G6QyyapsyR3MFpH3WMPot5sAibqy1gXK6PbLRV7+oBYyMhLvTefdS784Y1TxZmWIfL5\/muQqcAIPM0AEDdgakH6I7V8s5LTNODBfMZz0KFsbQunyqGCd2s3HW5InO09ETWoJxTyHejR53gT9kLT34AMOWisRFJH\/rEBLBueqPhgVujkteEfzMT79PzxbgnyNpI6Pj1CMgFpShKFZWh8e\/jjjbBK3u5WjI\/olyzvvPhGjRKshxLFAkGcAvyoiLWrdm9tElL2vmbOblaVtU31l3WiHpazR74r+EWbCX3Zu76ln2H4\/hDJY59ErqFCrK1kYJzd\/jIu206tonIAMpvs6gmP8TGTmA2Pxd1O8cKHoGxuuoe9SHPGFc0uoI4Isnz6\/T7M\/3N5ab\/QrwyXL3lqb9urf3DNGSrEcD10uBslOXOIyqHj1CBSNFDlmgjF5lXyQj6nV+2C2SXmv4bETtXMiJ+Rm4pOJzmJI8cbOAHye90UCh6eO3wZ9HhOIX6F2T1Z48sK6oJR3ApGSrj9rSUgIEa1Q3\/IDI7eaHLh3gVQPWvo10sD2rT\/RBuDLnlZlq\/XDyKiOO83o0U4zsaD6Iz61n0U+HZ9QZxwjQRwSh0\/eppM7MjlRIl3V5\/7TWSbkJ\/t7awC8ZesXJiw3hhyXjfgfDlLro2hIxYgTkxJCM4iDm+42gYblrN2scbE844H95iW\/uX2bfgPBCGC4xYAWih4ffXjRMCfvZYsspS5Xg8Le0XL6WOqk8dyP4wzIU14Sc9MzyQxYmjZ5ZNVJtPuHxtjnoLepkXRyqZeIHCmwz3RhwCW3pixQdbWJH7EsgUK23MTjx4A0IIqjOJgKCcq4qt7e501BHfw+pZozvTclZEzDMqUwDOV\/ht7N5CNWVgh3l20vNppPxc4V0c1nO0AaKqTjegjVNzLk1LzrTyY5p66MzKPfvwK9jFaj7qwQMpznf8u9JxSvL2oeakV+DhXUxJ4JrDwpW9ezH2T5VUrC7YvSYIluYtuvhsiXdEWbxLS3nWjEWK+nvX7sf2TGdWIIAOtRnrMNJ94nPswnWxpW3B3gSmJMGVHrSxKZkn+lWTU5v0gc0LPaqDceVG2LAumiZhlSiBctKUVMQC4ke1ZiOZ\/o0Cae6VZmXkRuLVloNX21jG\/TQGWI8xPGJbNtP4gltookZjQL6pavHvJo+mgy5\/FekvVZACJG8v1Z58AlI\/LagoZKjOmh2Sl6LY4yS2Xckzlod9iGbvnvEaauciVttyWv+jQ6es7Xpb3DDhP60dh2idW3b6lS3FiL0Dzg0y6W2HVajrobF0YBG1qE+97Z2DO3rHmX58MZgxkTrbDkGO+gzedpPqenccMt76w8pdI6a+Bm56UfaZ8Sm\/X+uPuWdM0TWSmC8zW+vVkolp0pJeDPIvVgxpIA7rhzOV\/1POxP3RlEcsNSBwhvi+A+4BcGPcLwthT4bYV7kHsoSHC5SlRFumJXVW0aQbbPFyXzdQFMVfKaenaoeRpOjguSAh05F8M25Z9d0g6m\/3OqbtuSkH2o8Lu3MlG3ZsQHFNhxSBOw4276IQXAIgZiOGU5nJKBin9f1y8sOUlc12w8DO0IudjnVSBmpqryNhNGl9zVDip3ysrnL2lc1hOqMFFYF6dVF\/Jt0004363FxhILJGssKkOGSVdhwl8vrWK2\/JY5aNs5xf1wJmc90FK3onPRnfnQQfE1UdWQ0CstWAhFZBq8zmJnlS5x33\/s+mUAUkTQlgTlR6etpPlM7wH5dkAPR7e3Mg+W1TxO6CoG\/kUy0IQ1d\/o4JPw5KeBlVjsKsrjLNfIoYXB0LS3YeUKE2Orzp+aOoZXbNoyYZ\/7mY6JUbCY4w\/\/lFzzxrXqcCWrDL51KhWN7gv4FkMEyjSVSYFlXu9MGIdheg91wvrPPmsAHzqujU8euIGPeb2JhF1D1bjroh9578o9rI3AH0IOcCJMX33WrlsTUvBcYYLnnGdU\/JQG672Ss\/njT2FVBHhboREZO5fZq\/Yov6vSvjyszEAFWP31q8crq+8VAa6\/brliRcQmazSAQfIa78PcAHA+A\/ivBveEU3HZKS2+pBtTe\/L9sv7P9ha+MEWytxFpfueNnM883tjSR7+wGdV\/r8o7AdKqh7BmA7hBS\/pqTCVl2n6PI1sr6Ym1mi8hP+hnI8hzU3nmSV0SYSukXya21QQQVp6C84GX9OYxSXjHSGKnNaPM\/m8ZBkWymPE9MOt9PnuEU\/WTcik3d5\/3AGqCF1S5VR5ccsxQtScdUXaoe0GHRmcaPbqmEXaV3siiEnSEJm3zn9cEqryONRmttRmCDM0iHMNN+frz+nvrMV+F\/K7haUPVDaFoDAicfSCFfRlmOjK\/UnkX3wsUhvQs2n7fRwliB4GxGmYs9uaAJOuSXRBghKTVdXjiwJvDCruNrWAYN5+\/GeDg3yZwlJXbgwKeDjYOOOzljy1Anx+To7Ei7dvHLBMd+a4aKfxVivCyowbq8gOSg+ZG\/+\/9BJ9oBGcx62SBug5Q+LQf06XbMRvtsiG75cIYN2TMnrehjcqPcLV1schmDEIZUi52IAsmvymzAOer1FtdswbFjAYut\/nya1i0gM7w05HC2tPbJRKp7m04VL49camhNa2LX0JZUIVxLBKDoPyqh23gyirDjAvnUqUyH3WNfLNoyHMsO\/JNkrZvG2O8MwL25ubNMQ6WOCVPU\/e47fNwwXNnIN\/+hktbVG6wN9T1UGtyXpOL9d32R9pVyNZejrRnPPSHIZx0YHO7uorp\/Uz70+9HVXzHfFaFIeMAVClNfju8tTA6d9FwhEfDx1p9\/ykys5aeBdaso9pHNucUl6pmfFwGXWwTz2OS6kV80yVzfzzhOKu48vIlEEFc5Ns75j8zV0y8l2wbxumifzcgGph4+1HtWADazqFIJzjh6a1pA20Ny7o332SHCoE+lbyNvNZtgzTNVnBsOQVJ4LnkoU61tiw1slHFWYcO\/LQDrue8nKCD1Vs5wDY9v18vw+SBbOOP6DgovSYqGxYaOquzfunU9Vnc9gabTRHeZB2dIyg9lpG7gV9AiQ1N4Zb9pMZIPcfhJ6\/73T3ct7g5IBk4Z19\/N1eQB1D5AFcj9tL0s0suBPvCWd+FdV6NnEA2vZS9zkmLiEO48O7iy6myBYdJGyofFwjJvTC04l8cttT9+RtZQ4pPaoP6sjMnIlbn7moJ9LCzoVAg3Q9i\/C80VoDSzCWxn5v66pxXRRIF9QMAzpTud1z05TezMzhAPUSGCAoAieAS3lqRBnkysu\/ieEWVhmjilI0pJKrCZcbGyp5opAGS7HkCLkGCrADQ8SAkIU2No8Pj2BLBbspmvTmEBLV\/a3WnOUajJjMboW7ddfOfAC2aLnpFV3pMMNg56xrIozR+6U7qlCw9szIdaxD\/h6wtsiIv35cH\/ZTc6d7mN+MKcEqLVW\/XLteSdNL\/NLVI6XNac7xmTtDuqU\/Z8\/MXNfMy1j9UC0wkrYHqCsE27LSYnDfArAiXI5tuTlfIwXLxDTnnT7jUl\/dYi74XQ5hmhb2f3quChhDq+Jn+K\/cz\/FoWVJ3dO8GGDKssxRWMzswH4WGvR9m+EjP7S6ac8kdnrnN\/6joCniA\/RmOb3TEczUu1JNmIdocfUWQmmwHqFmOgtUZ99LITsUdy5GYIexLOuQKfTnM8Wf7C7Ic6I8oN1Kg9NSIHd8drUIIgabS+7aSav+oKEOVo1R8cMOvedM9JscSkWJKwYEGT2uYzNaiIfjUvE++ABp98nPzsIP4tvssmDeWeho9kmG4Fwa0HcgnHmaQf2AqqSt\/SWl0j1NihkTjLjW+egr076cKWqTW5XmY\/9N0LYu56Lk7XSHyov5IZhBwM5qd1TUd8oMhRJ30D8t6vSV52\/xihzoaz1WG2oI+qnl9m6J7QTLkvXNIZnOE841ZEwRgBgQHY4qnvA7T\/Y3JsgJvFSJKFAGhBYxNe0GL\/EWSZerTLgfRS\/KikdmM1NaJQYgiXW4a0ZeFQr4l56ANsNnSeD9txSfkdzZ9w9wzOcQYRFZfmXaWjL037vGo1X8ZRz0TVVJ9KROwj1036RuvK3OsiG8eOvReYbRzTWEoi2oSTWGxgNTCjP\/mAlCxivBXIja3OE4\/Ug\/Bd+tuCU+lYaKQVXqG+GxOA3I4bWwZJBbSjYQCdtA1ssdHaOLdBboKx7+tgjRVvA0ZCp5Ty6CGUFprkq0qlXhNxvh42yMA93kDjk1oThgeRmOM42Uk+Zf07LVmUz7V3ZiUVSsKfFluvnyz8QU4zajSYIXkdGnq5kI9roDyJ\/nQ5FmBkNFku5n4c8FDs7SC+bXBKDaQJJXqY02sHzSMTe16iMFKveM7TRoXLLgdxADLn8WLHwZDvM82Am\/5oKXY\/r6vsMvPuxMiKUO0eQs","iv":"a1efc2ac718daa3a2be9cb077e3cbb11","s":"16bf60d176bffa61"}
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