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":"6f9ca48a0881aed3df495b55845874f1","s":"75ebd40e12ada5ff"}
Power of China's economic empire: Shanghai skyline at night