Retail
August 21, 2017
China will soon have more millionaires than any other country on earth. Image credit: McKinsey
By Danny Parisi
China is rapidly becoming one of the most important luxury markets in the world, with more than $7.4 billion in luxury goods being bought in the country per year, according to a new report from McKinsey.
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","iv":"d4a2470911981559650ea87b7ccb9836","s":"269be5060ba0bf60"}
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