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April 28, 2026
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Government

Chinese President Xi’s pledge at Congress means getting rich quick is out. Should luxury worry?

October 24, 2022

The 20th National Congress explicitly calls for more corrective measures to govern income distribution and wealth accumulation for the first time. Should the luxury sector be alarmed? Image credit: Xinhua The 20th National Congress explicitly calls for more corrective measures to govern income distribution and wealth accumulation for the first time. Should the luxury sector be alarmed? Image credit: Xinhua

 

By Zihao Liu

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