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Financial services

Is China’s curb on “excessive income” actually good for luxury?

August 18, 2021

China wants to curb “excessive” incomes and focus on moderate wealth for all. What does this mean for luxury brands banking on the country’s elite? Image credit: Shutterstock China wants to curb “excessive” incomes and focus on moderate wealth for all. What does this mean for luxury brands banking on the country’s elite? Image credit: Shutterstock

 

By Julienna Law

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  3. Kering to acquire jewelry manufacturer Raselli Franco Group
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Dolce & Gabbana debuts Devotion fragrance film
  6. Lamborghini heads to French Alps for women-led driving series
  7. Ennismore picks Bangkok site for first-in-region SLS Residences
  8. Exclusive Resorts purchases Inspirato for $59M
  9. Laura Burdese to succeed Bulgari CEO
  10. Luxury Unfiltered: The luxury market will lose the middle ground in 2026
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