Retail
April 3, 2019
Louis Vuitton is among the luxury brands that have cut prices in China. Image credit: Louis Vuitton
By Sarah Ramirez
With cuts in China’s value-added tax now in effect, luxury brands are reportedly responding by lowering their prices as the government hopes to reinvigorate the world’s second-largest economy.
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CY3lVo+vybwI\/4fep04XJYfysCtYalDrFbhPpGd3gBSqDy0gfAgCg75c8+\/0NtgNczFrkfPM+ghDub8Hhg6UuAnewMxflj2ljVQ\/1w8wmYb7DQfuMamQa65\/ISZdyn6+2HuzAp34\/oITd8UT4sw2M2nE7afRxVfnxvyFzajG7u9KnCt6D0jQ7LvmECk0w3ZgFCBdpEN5i9nGk5YdOdMvSD4Aj7RvXPMajusRnY9PPzBEDZTqaVq\/0AtNRR1U8Gexb0oj7n6nhmLhn7Ng6TM1zcX3FBCrgC0A0o8r266Sc\/\/ZFdTE1X0upjWfvy77lINrJO6doJsGtEDmahVrpdK5IG6goZm8Ued5kCBaWzglS9xRlySD+BxsseSY2zrrVuO4rTrDegh7jTCgw3BXFubaErnFM0PtF2uHGBp5P9vV4isNltPYbZfxdbDqESfx6vyz\/YMRhic81DdNMa9R25phsiwaJdrzzfiYC95rffEVmP3UXKtYZ5uDCJVLTMUnXCJlpZY4RKr0m9OEZ9bGChmX4BPSF4l0mr\/UWUcUyPdxezI32G0tV9SPzaRzgENbEC18w1fGLWepiY6XRUp9V2toqlv0ccuD\/7Y1\/\/H1rqx\/kviPN5jo+XOGr95NcCyu7U\/RZu73Pk9SxwU+sHD12+rw2oIkJ6YI+HhAS7uThJmM1ekAF5EzrLoYiuBxSgRxk65kCAz0SIxGD+UG7mw9uB7awPbsiQdD6cUzJbrMfoGo91w7tscp+RbiLa3+MCmvNGvKd\/on1irSidfcc\/TTY\/LfPs3VPq1SU4pcKxqjSbZjRW3Fejg2DF4o2bsvexviz0wqcjdAe3w2ZuibwBLhmSB0FPt\/CRrgtqpKoQjsr2EiB5L7jEBhFMHDmo1ghPWF4gEDyA23tODGTw0tCsJ\/ioLXYzm9\/YrW3Nz2qmJb3RtOOIp0b4aUL72lOzuUykpvhZvspyshCmuZgRhqbz1i8+5Dzs05nV7ciPYF7Ux730R+GLWkeusIalVaDfTjncPFR6kC0cKfaDa62KaFNIEKDwBPfxe3x\/yc6D\/doGPcx3Qgjbmg3l4qTmdBUihXuprTPyW394ZXM7NDnpRvjlJ4xB3jpHJYz8DRtEfUT1Br+\/2qsseiwD\/W9cUTBNlB\/dcL0X5zTu9x\/yTL9VkXdmleDC2QnNoHq5uPoh7FzT3zyrvicuw4rL2ftUXK0nuD4\/7iVl+O5bVcq1iaW2P\/jT3XW0naYZXt+tsxAVH4j2NXtnEdge6H8kyRG2GYViguPmi5kvhCdpAT+rP3q8aZMAanhFerovOXhaSbWzTq3EGpTcvIO+OJtA1Z8YDkQYIZ4r5WKPyv2l6BlDgGOnqywzuHft0pj7OyfssQ+\/SCQ3B22oF0TpJD2dpt4SI89\/MuizIk7xQkgLCrPHwmXi3L3hbk4WnbPJvIlZWmY4JFNfiMsQ5+H6oED4poezk1LNNT9yiF1NAbwszy9JBO+5KDprAlSuB4RRIqpqVm0WOGRwxBezBjjjIyjmseEFQ4UMK8cd7qn28M4W3sAr\/lnMrb2gORYMe0GMvX5ZCfK8iQ5a5bjclCvKZswJe332shzTJ8UsUaM7L5CEOc\/4qQgiAJrVKsBYUZiZ5TQ+fy+ZuqHTaOUETdB1SVth39Ldijw4vzpnkfUQjcZr4A0XJE0mNcS8IqAyPoL+zFRceXK9OHJ6HFjCbYFaMMhQiPuXOMz9z8GuBbQAS0d4OxZZBRc788HwUmcr7T1xtO3gwgTuzUVvhd0R2QYFeUFTxWE4obCmm+TDXvHzpT0OX8W7whr8zgxYhEIsRceUVsVAW\/pzz61VSkujGM59B9lCzc\/LXovN5TYBQobwin75lcvDVVsgcqHcOg2wso7tMXB1sr+hpHjIYGHxLaSakjLTg3rIkF3OzkqzzkEuUFriHwLeUs2WszDpk+Y7lGHeRnoYU4\/9Kcpa0aLKORL7KzFi\/6\/3wcF70gazWeseuP\/hOHg369VAwxNptJVkPh3zOphC\/LTrsgfgVixG7tgjM819YLGI6ZIp97MthbRCTyJUCaQVdCueKn1mctPOKIb5jbkZ\/bTItwiHl3MxK4qqO\/1oObE2MoidiTljDDeg\/eJ9webO8BHWmIAljZnVO5H0JWQbNGsCqy06oo9euefVzBidDaoEj7kfttq2MWKO0ezrxbXcJVBJCK\/ZXzbOSxih5DBENo7+z5ly2AeIzeO3PPsyyDykm04wlny5L7f5I2amazkek+xm4yEucB03xNt2QMtzkBmXjseSkzwItIfWqehTxXtj\/LD+3F++kv4wk1rX0k3QyNO25DrtfulOmJpnyBXqXQAX6T5k35QQ05m6h4sQtZkkm8pl6M3O43\/ZoxAuC8k\/bHvfgNqkzqHTnSHiGXf\/GiBpd3VLMxZhhu69HBd2JnlE3N0LIObqy+66NppSCLdpctTj385UQQ688I3VYchCLRU2RLx08Vvcg380WvuD0sMwDfzmpfDtLiZPn4ZfLnHa4JXn\/LK5nVl6BNPT35Zz2isdKNzWe2wCBJkmWz8ivaPXpd2isym0XUyBB1mYfJ5REEklrVkRnhHsxh1kdjadaHVTf28iq+fv0CQ0GXFfjQf4j\/iC9qSfwaDxS\/z6LFVpEgrYCoDTU95xJIg+5i+6kvE2tafJPDFPY7DMTGrvN6BzjETD0D4R4XcTw9RRIw5\/RvX1wQSLc6\/IoX2iMYBLIIjGLf63CkNgHZFyRYK7xSnAojGDdeRlpMAHgRfMXbvgzcnp\/5R1r01qAR3WbgwlCDcM5Dk27G5McH82kwBxHrT4hddcFhkM59Mlad1Ndpy0TiK2uuKA9tZCWJi\/OXrZXQ4MPxEP+TJ4CjVRsVkBYD3l4EMES28jzhpxYVGqp9tNQktkqK+nkBbTfG\/BHvwjizXRISb2Dq0WSBtW1X61cFYYaU2Oj5+jvIKCMCIUB8zBK7WQrOSfaOFqqIWm9Bk6KNvfAlSe0NlUGxvW8cPsls8yqB3cilw91r64e3VZqL9vXfO4MXMFyvGQdEUI\/dxkjjekj8Q8FvCONKQPgGKFfT4HAJZTUJQN9d+kJ3J6w\/W1hd0t+c1kZ4f5+OLuG96bpwFn+nhs5hakRAPk+m+wbaG+mHjJ++vTHKbk2xdoSI\/e20ZCTHHDTryAXEkL5sdpCgvmyfhqoY1dY9JA9jsOKCVp+NRD21jEYb0UtF6Ihf4","iv":"d66825ad6997e90ba4e244446c75ce54","s":"316b5166946db420"}
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