Research
March 31, 2016
Chinese affluence
By Sarah Jones
Chinese consumers are becoming more selective in their purchases, trading up from mass to premium labels as their confidence grows.
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","iv":"340705a178ffcdbd5d65213641aaefc6","s":"ec22efa877703229"}
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