Retail
September 10, 2021
Rising incomes, dynamic lifestyle aspirations, and high consumer confidence have helped boost the China market. But there’s another emerging factor: consumer credit. Image courtesy of Apple
By Glyn Atwal
China’s luxury market continues to deliver positive returns and outperform market analyst expectations.
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