Retail
January 19, 2021
China’s rising national debt levels will eventually hamper economic growth and create a market with less disposable income for luxury. Image credit: Shutterstock
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","iv":"8c93f8ef91d7d8139579a02221fbefdb","s":"28dc1b8f5d94ecf4"}
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