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
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{"ct":"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","iv":"2b1281390c2a4b07cd4159dbc1473234","s":"712229151aabba67"}