China’s crackdown on a wide range of businesses shows Beijing is changing its strategy. But can luxury brands take advantage of this shift? Image credit: Shutterstock
Can luxury leverage China’s new direction?
Posted Bya Luxury Daily columnistOn In Featured,Government,Industry sectors | No 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","iv":"cdb92b4df75fb7d3f345f79fe38f0dc8","s":"fd00030f9acd7b67"}