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":"79235182ea63054508bd306a0c7961cd","s":"aba24e2eb38a7806"}
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