Marketing
November 5, 2021
Most Chinese millionaires expect to increase their luxury spending in early 2022. Image credit: Valentino
By Sarah Ramirez
While China’s affluent have led luxury’s recovery from the COVID-19 pandemic, their optimism seems to be waning nearly two years after the start of the global health crisis.
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o4MPTjHFhCZIXPtHQYO4d+xcU+otYgnZsgdt6IPvzHL06qfR7g12Kw66KlvBmkECgZFIGJm5QMuOEBb6abO4DKx6Iqpw83uSJ9IRg\/6uWUs5wvAbLevK3ewNAsVCm9rkmruAb4M32pHXFAeNpAVSjxxNq5EWVSaq7bRUu37FbJSDKk6hp7ANwFYz7HX4jDcAQS11P+lzumpgL2NUVjx\/mh8Cnoo1FqHcCAjKetmaioftPqXWaiBJoUQ496t4MAT5ngG+wvuclLX5tOZlwcIy8ZWK1Ecf\/rA7Q+r6YzY0ilUnjwVHtcQ5YW8TNRGSEgup0lTe6cATigsFo+\/k047u\/mnPWzxRr4E0rNjIqGFJnFO4Q2\/ChPH1A1blcOto22qUTDNJNl26J3KfaiTIqA+Ouk+rQwlQblgxpiXrBbcFXfa\/LHlxvHX6cjc8VQXKaBd5bSdgOIxW+QVnQgO1hYYYhU5vMVFARVS\/v5IoAftKwdTU3zOR2I4XDpKbttOuuqTfIQsDDN0+OzLMI91FvLWMBc\/IgHkWUjDIpqQRN7nw\/+6iqgzsCfpcOkqXJh+i9GzdwJRwagZak4VssnNNfXvaDqJHcqbWTySuYLG05WbKi51MXesE8yh0z56weFBnOuwPyZYSDPtzju2NPATxZfmcGLq79V\/Y\/kYvJwChn\/bT\/m91AruyrODh2VE078T3kii4YHc1JCXv+sqmlDE4J+3ZyqOJ3bWggM3XjFrfge5mTjsOnTcnnPj4J0sVFIR4ENNaHbGnvqQbIi5igYK12ZemOfKC51ZQtRoOIjjWdRFyNxKffoIaJ9ChmZdjhhYqhwn3voEaRFCuzJ3U4xj8GNa3v4MqPzqIBE4n1eC1LVE4s\/PGlCpg83ffX4J8K+udt73ApZCgFa1ChxsJ\/2jhGrcStO8rT3lM\/T6WHSK3NT27d\/gKzjPvc1\/xhQtn\/GZlEDcU8ULC4kDBykJ7+oifFbi03csGtXkLd0roLwRk0y\/IsUBfC6SfX94VkGCC5zW5prPYZgd7WLDmAo\/efXVMVey9SbyhTDTLSYku8pSFT\/9+liGKvCA1Q6Ad0tfPcs9q27jxHCtSBHLQhi8d5b3I1cnFV3F0Oh0frYINnYx\/IJ8Ie4ExWKj2uB4LeVIf4hoMq36DrjQQAyOi2z62sSXJdoI6txCIdYBjlxomzNi\/NC9A0KlBIlJtrenipCTh6xtat9nXepQuDoMhObn1cgANexVhoT04xxfaAn8AU\/93pQjQ8FChh7vEfzXeAhFY9SUN3Jk+paMwaIDCQr7miUAxQYd8vT9YZNfnlLPuyPVimBV7hSxqyMROZ\/ZaDxKREYzJSBPJn578tkOqPbLEQom7n5mEHZKcts4\/f3q7ffivgvUenqqrOhG5PwhLEjofqDE5ShWzvzIO2qYAUvkL5wpDsb3ctE6CZvFLCMQOWyx+TsNINSys2XZ+oYvANBHSpqGjj6KiFboBS8lQJwYIJFw+rihBmCiQZUPnhFqQ63kCNqwzM0QUhkTV6P9k8SrZzv\/aUpW1M3BODpq1Ox9CqGoHKWSxjaf00p9fq1JS\/gVC6\/E1rgWfY41BJYAiJWT6x0A+6w5Fs1KDWog++Mjd2dDkHXaWTyjOYBPGrdMVANJIcv29vvkTMfy8IY1ThjDxYP7EsIOsS4Oj1EA0HElMoZ\/X3a7nonZGUtgT0dataB9\/+Jzl4sqlbOduEYCnPe4EGP6ioNrkjutcZ5j9M5DEbL8mQ0lCRqubKN6YEX0qqzdR2bMZPgxOBk4m+oTH6X1M7alU5kI57Q16OrG4m6QtRSueovWpC2P\/tLutRrmnq7cm+SgvBq+R+Fd\/C88TwlSQR5oh\/72RKxhiX3bFFbdnlSxdVYnURsAOR7fZGwOFpaGY51JdKztmPlRnO\/AhGdlHA08X6jgRppYA\/Zh2s8jpksn6CTQHPy\/ZhcE5lXW3cdD670Djtv1zPrDvmw19l62QFb6h1pXVEMa94TafYtyOB+vCwoRrvZwxltVWidhvm39zNpZoe3HCtCrItXzMTz0J777ai9bR2NvVNPxXrH2BpZFwoJbyK9BKTHchNp2KQ1DYTq627+8cB6wA381TK9Si2HZgZAoVydhK4mKynGa84MtKxbyYP5epmO5ny4QqZ8thiQryKynZ+uNk\/wap+kbBT4S3NKTnW6skGfyyDOjCkXOu5LIN80KOW7e9hPRCJRIZszbCbU2EGWi4NRS50ErbX6lQXej9U1ur2ha1mIHn2W8dK4M1m7grx6iJ7xMwkGbhOhk0jwKkAd6KXm4Mc5od8DBAmN6Bif3\/8\/r3owEIZnmIhJls+FeWP3QkOZTVWP2K7ORQTVNZG9X\/4EI8zXnCSb3xHikn2V\/Eq8v6WZf16uP3HNy1pxKah133Pd+EOl5Jsiiz4DAORy3TdbCwQxJnN3I8DpfKIjIuI1QJLr28THG5tWRJKlN1\/+60+6sp+ZUeTnOkMZQVetR+2TLbupbcOn3UTcoGBDYmNVYbs5NxuON6\/onUs0Pr3W8c54359iOg78PHtc9vOj4g+etU73OHI2eApThbgrtA1dcLg8FW8liab8KsI9mw4vhwcIifI+zPKDA7CfjWkrk8HVnJdiCsv44iuJumLO+dm7xyWBgmMbFkYILCLV7pzrdgAZFI359TBmt89GThKMOGBsXORj1UJsr5z635VlVdbe99l15Ry+Zg7uT7g21R6HbB7E+1dI458Mc8hxScftJq72OyxowIujmD4m1r9LVZceQy\/eFu\/mQ9o4+xhR\/NDdT4UE7KBLvxg7tMFa6CV5Gj9MJTA1Lp6sqq5g8AqiExortOzDHuk580IT8EJx8MB\/uDfAhfzEAyNJzZXww6qDL4EPZjxSX7mTHtmQs8beXtnrafEfXd0keCmsIZNls5B0AgXjXbRQfGEzEEwkXIqM2r3Kub0PVjhCA26PjyzAVvJ73ymxGk5F0mj\/cYWankKsfd9rFU+oewm3Wc4+umwKDZK0acuNwsy7oTn08Z8k+AqwA\/Gdt9IIkM\/KfksdXvDhMzcILP6+JlXytiA6075DrtMgCs7y\/80cqeIWJ0x+ZSRSlkWjCT0UXWRv2bWOqIGWLpxtgW4ztOzuewkb2vupt2P57nluFAPrxruOTKJd4Yl39GyW9IBe5lQNNEWBm1TUIz0v7a\/Sg2FL9bok9lI0vR1WBUm061osKDFTOhycMOhcKqo0mFWj5WRPfx0W0FnFqbD6fKGXiQAckeOCEEOqSxdFhvSCSKPiATdLLKZBOS5dpOm4rQnhELtMFZnePilXv5dxE6el7S0x2bkYkiUPMQcDn3pAixAYZGGz8EPAL6c\/HhN\/Upi\/KvvXTv7khkhtQLniozV7L9aNaS7IfDlmJ26TeQ1MBdnXdxRctbXEUFpoD9b0sQRXy7mrCbjukfJzpfk595BItWONif+qT63wasTjlfVfUqs5pMnVvsn01cRoUJkN5RNIAbTjJK9xdlHopN+qi7RcP76HxjEg0oAwqzC2ogRNh62fSQyKdLPMeXo3JQASunm5FeE8bokOQTdawzCqJsBk7XyobS3657aW7ijI\/1qyLhEyJN5U9pjp5JXI9I0izEEJTRh3epP\/EFg92f4\/g71i4mszo3cf67A8PsCuq0r2MLQngaqLUIDnHUVZakGeoN+SDOS0S7NN\/en1cVnckwRjPAi\/tbPB6kFr2vuHH6ynVTTa5WV0fsEikaFKAl7ByJw4Ht\/n2vQTXAZoTkM7MySC0tWUtgy1lnB5er3YT2kZiIcFyb6SCyMYzKEfqsFtozhTodugL5\/tO4sT7ErWGcbCOLKZjw0xEJwafd6LyMJQ4QSh\/Yp\/Glhat2CECjaP+Bt2fnja2Qdru7rGSkliQcUzt4uSaZNH7RLDwgqQops6EreXX73JIyW8ppmNMSXxKP\/UGHh+Ri8SMCgMWTv7y8Ns6PVhFSK+RbqeMaKiYov2xbZcPv08oo+EB+9k1XjBDJJEuPf5szYnJ2x\/xKBz59hXML\/1L8xIpw0csnNjC6DBJnl8ZPU\/OH1787IgXtHldLnwAxyALpYfDOwI81NAILk1NDoJ27AeBYE1qtFyR7Lvg9cLFSy0sS23302ov4DssJkXhiUDld9tUZn2NXIYOO7\/rrvw\/Z2vQxCzfkAR\/5MfulxUaiCdwNRyNjlmQTCDCgLfjYXqW4Y8b\/7rEPtaOEp0IhVeyPLbB+CgIKTsncEfonyaX0TknB4qI5So8BzY\/\/P87h+QjNZwqHgUa5TLDzkS9BkZReYFeml6mj3c8ydHMN3BEXCwNtz7jMW5ZHLL2QisF2poMkD+qJtKleP9E73\/NHNTpaEyfhrbDgkYS6gIMiL62V53gqdtHhLwNuhvtInRP\/Pr\/t6S7MbsRK5GLQL5C6pBAMUpTnQ9fH\/LJ4pdUgei6VguD7od0hnH2vtEbDeaONqpEVMUiqPPMX2pqGOOK9ZIKIU0eLbJ5ZkmQBO+X9rIjSuQrR87Py15ewIZRF8MA95Kr+hlQW+SESVb1ice9hIdIvrfyRplpU2E8nlnr0aYYHFXY4EhNOLaCiW6Lenw76vZedJ4667wL07rSJ1Q8\/lVO92j9WSnveTxRsitsyyPHUg3LqFKg5g4RqNdsakRvcPrCD","iv":"89f4da3be31005725126a6af2f7dab82","s":"d33112dff25cc3c4"}
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