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Why China’s high unemployment is bad news for luxury

Posted Bya Luxury Daily columnistOn In Featured,Industry sectors,Retail | No Comments
China has prioritized GDP growth over unemployment, while official statistics minimize this by offering an unreliable snapshot of China’s unemployment data. Image credit: Shutterstock China has prioritized GDP growth over unemployment, while official statistics minimize this by offering an unreliable snapshot of China’s unemployment data. Image credit: Shutterstock

 

By Adina-Laura Achim