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":"d73c6075c50a2a489e3e4cddd757cb17","s":"65cf77ff49dd67d8"}
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