All eyes on China for luxury’s recovery, but no guarantees of future success
Posted Bya Luxury Daily columnistOn In Columns,Featured,Industry sectors,News,Opinion,Research,Retail | No 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","iv":"372671e75d573bcc635c3df7945957d7","s":"fb8f16ba10add61f"}
Power of China's economic empire: Shanghai skyline at night