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Why China will become the driving force of luxury

Posted By a Luxury Daily columnist On In Featured,Industry sectors,Marketing,Retail | No Comments
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