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":"3d126eba8f555c1e8fbde0432b7dbd30","s":"34d649958a70cfca"}