Retail
November 18, 2020
Asia Pacific was the first region to face COVID-19, with the virus first emerging in Wuhan, China in late 2019. Image credit: Euromonitor
By Ellen Kelleher
Although consumer confidence has rebounded during the ongoing COVID-19 crisis, many continue to adapt their budgets as safety perceptions shift and spending priorities evolve amid persistent financial uncertainty.
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","iv":"f935c24203822c65afed62f69ee5afa9","s":"4b1c300ffe27f302"}
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