Marketing
November 13, 2018
Luxury in India just got less expensive. Image credit: Jimmy Choo
By Sarah Jones
HONG KONG – Both Chinese and Indian consumers are price- and currency-conscious in their spending, which impacts both where and what they buy.
{"ct":"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","iv":"b84862402a953172c30d50f45b859b86","s":"20b1e02b2034adbe"}
Share your thoughts. Click here