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":"99372e8e7d890e159274d0914670d006","s":"1316b4e32f21a057"}
Power of China's economic empire: Shanghai skyline at night