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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w+YWyG6kstSt4Eks8lxbS8AVtQaQvokn44BlgHgabxbhzz+Nq563PkTK7TTjJu26MnwcJ2TxAhgFff+pXQk8w1XiYX+v+Lj49S9y73pWvTYcfa3Atb+sjK4Tajq2LBo7QhsU2IwuagvWSUHKSfFyVs9Lkbt2j0CaH5N4E94EPKvC\/uBOgkdXz0Nr+s3fUV1\/SKuxJggDaIMdvLRdkHpbzrPomIKVyy164qaqm0Ju4M3YumdhCktkOy2MfDezZZDuZmPAoEy\/p2rmLae0U8\/B7O1ajrSewpWJvaAPzKDrZSdHR2u5VRWwaUvFJL6CHDOKYmUQ+F1v6xMpFp7szE\/kS3pIOcmA05i231QP+UEGTMfJ7BEZvmT6\/wyFOBIi\/WXECKV9bpKJmY5MLmYzU27zOBO8\/UppPtE4l8WSV+9gEhiPVnDJlPeGg+Nu7tNRu2fyhk\/hIDJ3oMtM06VMYDhEZHPl+OngfD95Mj3tV31SjMxc3sXA80MAXCX2pxQ8N1U6AAOhCsLZoHtK\/tabXStSiL5Ipw\/p14KdYw\/vQiKUAlHAY71zPE3YLFkf+3zat\/i8UBSeoytd3fcIojXbbfYd5GBEMlBavGX6xws9ndBMyeRcYeqyQSkL5pMm195ynN35oQl9KJ2gyB2\/xh4v3kW0phl5onMz7ZS4M5h\/tV1sBeZl+05dbFqtrIA1qeseEEoxB4Gd\/18NrDW0D4RSJUtJMxgFTriGq5fdy20wlwNNxXhXDMgDI\/3+GMu0uToRZSGKOxPbKIh0rUvGRLn6fZ+U2wjZM\/lCRlM+6ewqmQcgWEQfAsF+hSyswPwLosekOHm2wRRsnYv6uuRmeQJmUayywsA\/R68l3pRXVylHM6BHfyjpjsF4Ewn4NMEzKQRlBA3+5yASs9gjbrByAXofEn\/wtIFHWTzDLJm1X4QiWLotXIfD8VpbWipbT+YyRiEkjqWEB4zV2Kc1hwFzR85kiD5rQHKy9fZGrf9\/d\/j89qpEWoosp+drOLJr3GlrZtXvrEi0eYLh6J0EU\/22ETiD03NucCYoL9I71PKzc7W1V8usgHNyOy1fnKVvT8dzdh22oX2I5wX0IRnIiOWsw7H7wmuTWkhyVbPGZAcVk8OOFiPY42HMm+6R6Srr8P7Hf61Obd3PnqaRlbAEnLDYDDiW8irjlcyo\/qoJmvOWvqWVhpVO7KMexQPD1CHD6UrVS96nCSjjyjE\/AEygnNaLSEq3ZIHalDnoXnvpaOwQvuaSi4GYmD\/Jzb5sXESbklz0KtkD\/B9EjcziRxY9X\/SWsTTYcfNrFdPgs405S59yWZm4DbqqxMeNBXAYKgd4BQ9HC8EOLoB4dBwgHayFvuDO9mURthQz1KV4Xje6uPBT0eFtK33eOEBjQT+G5s1ZmtsrbFkKM3u0MIYsoNt81oMSA+Z8LoZiQnjJFrmpNucztrPMTPC35LApDHSqKgEJsz7ItseXtst8+J3xWBkfXkBKHDCSjsbbydiFgO3Jpl6SA10bZRwgjPfmXrmStJGNZNq5FyrjHAPYctfOtnOnIIlM7pEDFrFLFltuzMEjfx22FUTgXw4Ym+hXHMq6IeOWygCW9962KkrmEM6Q2Cx6uY6frKMWPBrLTt4+XK9RXCisvRZgqjmOW5tk7iuSoqkdBFJ+uFEHA9TBRWKAxvDe2YhFD0eIlTBlyZpM3\/CSu8Nj7hacyzzdyDJllOCTMXeNoEyjYLwHWsR9DXd4+vo+v6HX5M98evhV7jlVncymIlbi+X4SMnz3rWtzMIEvcqtVD5Ieodyo89J8wnIlgoFb0a3ZSRucEterNXDr6Ak7ah0RqqveHuj66DR7Zh4NigvLu+Qs60r80WlzBkhiHYsimBf5M8dwHZzvv60c3jMHlcVOWoRgik1+KXmeeZZjBsq1fWYuTDv+NWoaEsug74bLXZJBi2gzMIr0K4iz+5npFIoszvuuSaU8xtQxRT2HdmFPo0qOGU6kE9Fg3NtIoTyci2PiaWdBJnZu7R5xo6eyt\/9emZQP2Jj5EdOFNXBjGZ0pLRVkl3dey0mZ+xQ00YvJT7V5TAzaXAwrsaRvlLGk0cj5zftHkYrLgQt3XvtcRhouVBkWX\/chNbHZZvWIHgp0WosH7oScuZDKYsHD5TeLH5MeBC9WkoELmx8\/OUocJB3kr8Pc7Stn8DuA+3z4848hF8OE\/KAg5C+H33y8qsUduhh\/w54GPt4KqEKF3H2Dyc1bPLzlziprU7ROJ1drf2aj3gG6eKSJ0Xr71so3Nz5zcQy0mnGZWOBto7aFJ+ozyaNRjvb61oq660P76UxaqLZkpdU+HVLzTBzZuHkDmr1dKVGYu3m4IxiT2dV7kIu83HhR8A0w6NR5Z90mqUyPm8rRpZ4oPWtg1XtXRFRknhU4eu2py1mPe4RhMpPzH+BWQXXPRR0suJm4jfCdD4FlQjMZ7U\/sUn5IgBCklv\/2gY6hNYAxD\/TOk0NOEiQtjMZK2ySK\/pN266xn7DRnF+HqzkGBfV19vFTcRiI0ztJoBKZrPz6RFMopj5zRBDkc153l0sVqPg6Qtx0Tqj\/lY0RqrdOqMa035hv9AJt44URD54E1m7pyRgHR3ZHOjux4mpToujh3AmZP2zcXJj84xFuv6pc49AxGW5z8wng+8JzAtNTv6JzhGSKeMSOVsIUKnWil11EU\/EkyHS7jMJEoOltnZtuauK3emkW0g4Tg2le5hxHogHJk7Mf1Xp8M3ChSWx8g7jj6jfHnQHAzilNXYeslyEkRimoOexuEaxsGlI0aO5mRRaHzEnyX8d1XEDLHOb7jBSCr3r8N7oN8umQiEwEoz4UUboxgMvGa89ipPwiVOBU6+wZ+IMPPXFhgq29tId73UtMsOfcTlPGJf21z+fYD5ssXjki\/b\/ODRCDJRed0tHn+sffrkShWR186ZXOyVAozfSws59O9F4+EiiP98388bxpt+ubo6d024+tEaHVa1JqtWP6q8yN9MbyyHL+hqSheMTM78d200YNVFWee2kVHEky7Dc9\/zjGRU9yG8rtHPqZRO+igpHTJRHbvz2FHYDQKCy4ogrLWqc\/a6hBqUtJ6I9XE2T0\/ND+xLQueBPlvIKe6ziDC3Mbuv4ABGf0mKKKsh2if6PPBfD9ozkUY+LFr9ql2CrKsdZLEtV+ScZgAh\/78SZQmsOo+q4UhtO\/SKejxTFZ9lKeUpN3FoKgzvvBN7twzY0MMO7NcMTblbckImy7AJ99vE9ffXqD93bhkwUr9YceIHiWGnrGiN91MTD6Sf8x5b42GF\/grlOOAtPDC8LuBQF8Eiwrv5SNN5Ny0KOnMl7Shc8zTa5t4\/0Mat7U4DDMWxpZxnQV254acsrmDTodOqHohZzMnp0ap1Cvqlcq5TmY6rkRjPBFz9mGYjpcGAYkSyN1\/CLRAPNgBfMjFXBM6YiJKIS3Eoc\/ED9H+llYLRePtpT58K9E59fboTsXuxuDvY8uBYh0ZpJMUtyzvgFR07ePLv2Zes977T1yncvxA7UQwnHUUk66NvkiGlqzxNefwUx3X35nNarwvHTMEjUyxfJrCH7nqVYKh1ngxAZopkaip4G18LZyTkXmRSSDmuUyPnzrp8kM8+BbhHgxK9PfwfdfUAIWsWsm20SQ5WZaj9HxANXtj+EyuHvl72pJG0Aw0NWqeTMUSw0nnhB\/HVTqaW7eCTE7tFRNtuivcn88UG+vgg4j7z6deXcB5yEc2KQkgh6ssQXBoN3FFTSVqOR3psyCSEZTmmuyzlPLh6f1olYrmeBzXCr1EB1G1XW6HR+a4b19rawA3AHdMhpChv3\/3nA0VYeYcudnGOzL4TiZmC0eI3ryvUQVNAsvkze7FjBhRHZRA1tDqPOg0YR7LdZLUu7sDcvGasVa32jOEpjY7yrZCS2cB5fg8vP4u0o195yP2TiJ+u8gdqMTkCWPoXsPgG666tgUNTkXyvLGNMc2hwM6EykpXGHV7+0wXJ7ho5UEqLZbiqxbhYigbusfL5RWy4D+K+4s7sg==","iv":"9435c959a50f6ef09b5cf72f2b24cc2d","s":"b174d7d9ecfea8c5"}