Retail
January 19, 2021
China’s rising national debt levels will eventually hamper economic growth and create a market with less disposable income for luxury. Image credit: Shutterstock
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","iv":"6dd422177f4d516ba1dbc467a108579f","s":"d3cc62cf55c99419"}
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