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":"66512218e34cf9fd4c291b002622c6c6","s":"ec0816967c4dd0c6"}
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