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":"5ea568d68c0b32bd6b33b9aacca2cfb4","s":"a3f1a3f87179a649"}