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":"b962fa2c149b8cf54deb7eb693b536b5","s":"6a0c2bcdd9213304"}