All eyes on China for luxury’s recovery, but no guarantees of future success
Posted By a Luxury Daily columnist On In Columns,Featured,Industry sectors,News,Opinion,Research,Retail | No 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","iv":"a2b720bd7ddb1e7e43eedf8c616790fc","s":"2aedda0783a29074"}
Power of China's economic empire: Shanghai skyline at night