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":"16a4ef56218387233be58bae7d7993dc","s":"9f8ab8b43fcbaaf8"}