Retail
March 11, 2022
China is expected to become the world’s largest luxury market by 2025. But these five predicaments could block its path. Image credit: Shutterstock
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","iv":"24952195e7f0a04bb676051c1e39997f","s":"4bc030c115223dfa"}
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