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":"a34b4557e0ed104f16a4ec73b3848fce","s":"de783fb9ff3dcbe8"}