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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L2mp\/EuGM31b0bjF3H5y2F7r2zfX4+pcdFxQ1fxdglKeO3ZqgKiGyNZvILP7hroQcBlgMV\/r5PtHya91vRJOPjFx0dtmM0jw4FFpOxMOV5kP6TSixrN4nNdB0gg886ganS0DJgcFumkpDGkL201lFuqep7fTrL3iHQL9QtOiBQQjx5KsNyrjjr9VFQm5cLyZInnEVzhUG5qvJgP2DFco+G9UqloHYbIiciL4g\/VZEARXem2ECDZLaq1TCb\/C+OZ2Shdj4IbPfXkSMaWQeqxZh0E9pZDIyl711MZryNBnIXLxjfsGv9abQ72b7vNTrNlxA4v9NehVZLQ2NCLNUF2p4IkmlDDDjwFsBJZliHoGEaUgUauvNIzAkXVIcwoVBwGCZqDk3Oyz5w7ltt6bd9Kd7lP9\/rqVAv9cWwzRRfC+uydjxN0j4sl9gP5PT4I30ry4Ak30uQivt26iodRFYJSayliawn5hba82J5a\/ZiLr1kfZvKDlJCwRdLjAywlVRNzS5qcpbNfs48KpBsTNwROUtbkfs8JBrP70v2znHpbZXV93t\/JHVfSxQi\/z8mSid\/Y+My9mD1JQ8Xc3uXCe5eosZ5q8lfXotKFTnV9BDQQ5GQw9Xzeg26l4EHCpSe4UjUubwoaO4A2z03H2sQXfptHpnSPYV3Z2uC5UpL2VFuKKDa13GP0EHFe1Ip0SlCFft9BoSoApQBorONceaGXLGAjcVkodntOxyY+96NKmCQCE96wrVnvgEhYdETp9gzXAvwZlpFzB9JlRLmOQ\/sOngGqDo6MyfUrPeGHzlIseiC1BXNGLOc9iip7vQLyrk+KZmU4AYjwnhmGYM+qWbCTZYWdbiH4KU7CLPeTZ0oFVK+52AZNocx3Yab46pwDWOukzXIdYHco9jYqRLGUTWK+mxgCYo7xp6vubzE\/FMHnqJVzZexcUIs2GVYN7HifIArL4dkFqVwMiZz5oMoS6kJ+fZsrjOKoL45baSJieJ6a48CJGBR4pcrFxiRnwT4ZfFLG4wpdmhMPNSJwvl18QpX0CA\/n55P6URNCGec9ykaXycV8l4OJf\/W46QfFtbcSycC+ZljtPC1dc+l9l8G1MoAiZww533sosrbCVqGmU743NrET4z2\/xrgi1zBdXZy3Wz9LNhXRaJxGDmxwP\/Y2jT\/I7E0ph75\/o+Z9f9cZAzIv7bo0HOMuEpHuHZV2y0\/qG60jXGYasjhuGXMgPEqKsTaJWkNkHLO7OAgFu4rLREbJyRgcKvWDx2Ell0nS62RZbz5Y4Ai3QXjuJ3LdttEbp0qImJUuBbWDP9LYubNZ0WUFg+4UgVfN75OUjKVE0ixuTBZXsEkfrZnWJ7NPfn\/kbtJmNojejEMl+fZB4zL\/g2ex\/tDB+ADww1fFyse6QaCLBLj4MUf\/SGkZadAfLaFy0UHgjuQDHX+W6rTalwiyT5S8WEugJkEIlKe29mubAnIw7aEtgnrmS4+44XxcEid2VyqPheD\/u00HBJkzakAcXu5GqEIbeYr62ZWUiQtjYjJ+KMh7bddZhzzs68j\/fs40ds9mKsCqzXbnzbjWxpxB4f+L8\/Fc09j45pGL+n9n6jM7gjN8DwICnXaQCpoxocWNP15kKPq4BiMKQWnAyexChvBz7DJL9UXC8kM9pE4SC8ZL\/44d60FY00Z0hZnbgAzPuU2CpEx3S236A+ZMRx2a7JOaoVhsa7gaGqX2T7re5l6GLp4GaPHkWDRCI2B3H5gxXK30cakAQ5rATMLh4R5U7okvYgA7s6EM03d3asxhiGhLQOG5YY4AlA1CP0nMBT\/VmLI0Nmtps7c8njuDipjt1jtNQwqvytYfjjiYsHOgMeAxcvfAocZeqKxf5Gne+QDJ49+7+iAbLxj02vMCon\/g3tkTD0Gkg1L9ifwxOPkeo1w66NP6kVunER65ncsviB34sZMG\/BhZndjv+kWr8beE\/nuF8SKZBbEhvVL2seBuu4xaysUP8ihcSwW4GGsYmDabigpeqeYtNrJBa+Akp0oJYcP2BfygctUiU4mQWKkSYMou9cq63yH7Rgjr\/tF2kuRgr5ua148I1SSERUCzorM9SmvL6OWlC4D20Y0RyN92ij\/w26xkIFEtfqc8JAiGZuWDszUJJ2SKekvZ6ON\/n3kFA2Ppp6S7ZB87afLVeCdL3qdFz41OM0b2rc3DBDhAMhzTnHZ\/UhOzvwn4f87p2QF\/E0JD6v9Pl6jXAy9w7sSnsCLXzGNsvKkVwYZ7fce4AX6CKRq0yA0EZ3bxXg91JWcuqG53blJnprI6QcnXCJH4NHiQjGbsIcBHuYfQ2kBq9YqX0VvhHyuefFLzgMYkYAXJ3Vdv68JNVOUULRqMektbyG0JS9LVewPK3vgd6h49KQUZsULDE4djdG2oJWsiU4Xy404GcZsmquik9PEr4inq33tMM+J0\/I9rllps+M\/GZ0SR2ZQ3hvPH8b\/r01tqeTZmg1yo2OX0uOEQ5N+Q2CX3pjoBYz\/FeadNaNx15Fbo0nhhp5KBI7WqPmcIaYe9e0C1ldwbVeu0mBgvUCMnMgtLDFkYcq00yZvd5HDxbglhqLbsxnOM8wpADEC14UhyM0KG0xm\/OTdl0qVw5K7ksS7qceL9mc7z2uy3dmxwJYRgTs7DbVWJdhzJoTjX1WT8t2PdJ6hO589EmMR3LUyqlsj5vJApmS6JqiPWvh36kQapVxQoip6FKKxKt4cxfyKUDszmrWR0prpmsxPvSTqRO6GiBCScpROSXGTrE8enxV2dhFbeBQI0p08BLknuNgOC+m9LYTiTm8gNeq5OlcC36zIA\/DijUsvOWHTj+3zDPcKayDsG6qmzOfGz4ainV\/froxbie\/yJ05NcqTSUPnPhlzfNns0MWCGwACOm3rHMDzluNtNoSICf8EtUEX6cFOPhLDqd2Dynzdsr19OUEf45l9uzzMHoyTHEaXNJeY7ORzOMKnQ9hfL6Zj1LGFkWM8I6YyYnq6urltT55kWIZm00PhMwMZ9RHtfmv+exyI54gDVeQ\/BRiXSAxbZ3OmFEGn4SQhi5aGvK+HZ0HRsUlySShrSywi7Lbqn+1bneYu3MKOxBy9qooT+TYG8YoPQW+OoxMvaNGtgGbyxZOP61aiVlkBtFd6Vg3de9ijwPoqtR1U2xFyRhqYV7ZY\/TbphNEOLCgdWoxA6EL3gCDber6u2HXX5ltSk55L2q7AzqUQlE9EK3gsUvdZLk0WAEZDpy4o+lW2ee3+wWAXXjV1oz1i9CnAwIKnVNlo8+7UNwaZz\/ul4YjQTrOXyPOnGfgqvfCh9g5n8QQAend+xSeFSvJawM0jG+7Ctgu1n5T+6IAPdWnweaZyV75t2W\/xdLWtCwBzXC+IyJjK9BwJfcqjvBygwWrrtb+FX5fWJjPD84VSSw9PnS21dfeLyMFKcze5KTNt+K0AdffZnkZqrbzuCq3Dxr4TkNdHgw3g71MSnlSC7j4Qp6t1FRlvBDjVzm\/yUqxIR1HNRb1CtvBjpZaJddbsN04lcB\/SUTwR8Pk0i8OfJRWw9TdZ251M+i1lbYk5Q8Jt0sN85vWy7RtPLFZjXi1ZMJ39Kq6GHv0y0H1XA7jQGdHKLelppDPOFLASkv0HlaBezq32eDKAISI48RGiA11PFV5eloqR8m4CnF8B+\/v5l5avarMc\/X5Y1jhjlQaqWFYrdWwDdPXG1MhvDdrEHgMGVcUKjfhYWhOJBHYb44LpSRp6i60IxrmqOXF+BndOaYss6IRWeo\/KavkXXceyeyycgif499twQvdanYtWfdPc7RvXzh4OEGfqW9w+\/agCSDoRvIkypM98REAL1zf8bfi+Fr8pnqcNmXey9CNyDe+\/s44bXYjvA6Sv4jG\/pyV1BgSd\/SNbcey+2Os0LKOoRSP51eYusMBrXTE\/l7bhlHVOtB9v6Nku9rQJerKKLDrC6YSWtJWsq+tx6bEqd87evGMzcrsOvixskDoVN23Zv253SWsgkpLgVOmBGVgJcPtw==","iv":"2dfa027f24e1a1e5d696b1b78c2ef57e","s":"eb7646299dccbb7a"}