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":"0544f44987b2534b4ee78111fbfa4fba","s":"56edb999722cff20"}
Share your thoughts. Click here