Retail
August 11, 2020
Since China’s population and its projected economic growth will outpace the United States and Europe’s, its increase in global luxury consumption seems inevitable. Image credit: Balenciaga, Haitong Zheng
{"ct":"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","iv":"0e63f264ebfe42e5cb6955683a308160","s":"7b9269fcc9091da0"}
Share your thoughts. Click here