Research
March 9, 2023
China's wealthy favor luxury items that increase in value, such as Birkin Bags and Rolex watches, while younger HNWIs spend to reward themselves. Image credit: Shutterstock
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","iv":"313722a18b8f77e2e5837f7acc50ba5f","s":"0d4b0511181afe6b"}
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