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":"051e7f4ef3be01840181b4686abc2594","s":"4c1da812ba3e4a1f"}
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