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 Bya Luxury Daily columnistOn 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":"875034dcb3048b558ca71b057525c651","s":"23a6682c83ab84d3"}