Retail
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
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","iv":"b20a82422936b0a4c38a54ef70919d6f","s":"6afea8e47e952dd2"}
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