At first sight, U.S. inflation might seem like a win for China. But the reality is that everyone loses from it. Image credit: Shutterstock How will US inflation impact Chinese luxury?
Posted Bya Luxury Daily columnistOn In Featured,Government,Industry sectors,Retail | No Comments
At first sight, U.S. inflation might seem like a win for China. But the reality is that everyone loses from it. Image credit: Shutterstock {"ct":"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","iv":"a49fcb82858aa3ea5c8a3eac5882168c","s":"c9e19ab97154ba58"}