Retail
January 24, 2022
The growth of China’s luxury market slowed in 2021 versus 2020, but certain drivers should keep it buoyant long-term. Image credit: Shutterstock
{"ct":"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","iv":"14300249d28d859c5511e65410dfeb42","s":"270a08d9784012fc"}
Share your thoughts. Click here