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":"93037f13eb4c2f6de24f2643a3ccc2ef","s":"98de613eca9e951b"}
Power of China's economic empire: Shanghai skyline at night