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{"ct":"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","iv":"5b432a9c4e1fe110b43086296b1a2dc0","s":"d948f557abf04161"}