Retail
November 18, 2020
Asia Pacific was the first region to face COVID-19, with the virus first emerging in Wuhan, China in late 2019. Image credit: Euromonitor
By Ellen Kelleher
Although consumer confidence has rebounded during the ongoing COVID-19 crisis, many continue to adapt their budgets as safety perceptions shift and spending priorities evolve amid persistent financial uncertainty.
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","iv":"095e21a15531471ddc1f58381f8533cb","s":"8098200100b4425f"}
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