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":"031c37a1612ab6bf686bd5a51aaabf4a","s":"635d6b6f8131eddd"}
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