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 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","iv":"b21c241e2fb5b9f54e103a0a39074d6a","s":"d1004d961df3433d"}