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How will China’s frugality code affect its luxury market?

Posted Bya Luxury Daily columnistOn In Featured,Government,Industry sectors,Legal and privacy,Retail | No Comments
With 15,799 Chinese officials being punished in July for violating China’s frugality rules, will China’s post-COVID-19 luxury market take another hit? Image credit: Shutterstock With 15,799 Chinese officials being punished in July for violating China’s frugality rules, will China’s post-COVID-19 luxury market take another hit? Image credit: Shutterstock

 

By Adina-Laura Achim