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":"836f62aa47a3c611aa207c4274c7a45e","s":"32775bad2a35b12d"}