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 Why China will become the driving force of luxury
Posted Bya Luxury Daily columnistOn 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 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","iv":"ccce7cddc8bb15a150422781518c07c8","s":"60d984538b9e1338"}