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":"e30a7d7c132e44b3a5fcc03af7c257d2","s":"3ae6017f7c6cbc69"}
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