China is expected to become the world’s largest luxury market by 2025. But these five predicaments could block its path. Image credit: Shutterstock
5 things that could keep China from becoming the largest global luxury market
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments
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":"98fcdf051dbc4de666aaa50387feef25","s":"ea5fac018da2a224"}