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Dec. 5, 2025
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Retail

Why China will become the driving force of luxury

August 11, 2020

Since China’s population and its projected economic growth will outpace the United States and Europe’s, its increase in global luxury consumption seems inevitable. Image credit: Balenciaga, Haitong Zheng Since China’s population and its projected economic growth will outpace the United States and Europe’s, its increase in global luxury consumption seems inevitable. Image credit: Balenciaga, Haitong Zheng

 

By Daniel Langer

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