Retail
March 11, 2022
China is expected to become the world’s largest luxury market by 2025. But these five predicaments could block its path. Image credit: Shutterstock
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","iv":"3c5368eabad1a61ddc956aecbfa8b1fb","s":"9dac14877a862f4f"}
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