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Is China’s ‘618’ shopping fever cooling down?

Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No Comments
The revenge consumption that emerged in 2020 is hard to replicate in 2022, as Chinese consumers have become more rational and cautious. Image credit: Shutterstock The revenge consumption that emerged in 2020 is hard to replicate in 2022, as Chinese consumers have become more rational and cautious. Image credit: Shutterstock

 

By Wenzhuo Wu