Retail
March 29, 2021
A confidence crisis in the Chinese leadership or a new policy such as China’s anti-corruption policy from 2012 could stem the tide of luxury spending. Image credit: Shutterstock
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","iv":"e3314a8e9e99043bc3ce8ce78de6430b","s":"a8fa2e9733d04947"}
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