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China’s affluent households keep fueling luxury consumption

“Hurun Wealth Report 2020” reveals China’s burgeoning affluent families will further drive luxury consumption despite the COVID-19 crisis. Image credit: Diana Lu Wang “Hurun Wealth Report 2020” reveals China’s burgeoning affluent families will further drive luxury consumption despite the COVID-19 crisis. Image credit: Diana Lu Wang

 

By Wenzhuo Wu