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":"4228b2ac3e446b35fbfdf6a6631e5869","s":"c089b92f0020c069"}
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