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":"80d487d8e9f152fa7bd41fcbba30c69e","s":"1225bcbf73d4b6c4"}
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