Marketing
November 5, 2021
Most Chinese millionaires expect to increase their luxury spending in early 2022. Image credit: Valentino
By Sarah Ramirez
While China’s affluent have led luxury’s recovery from the COVID-19 pandemic, their optimism seems to be waning nearly two years after the start of the global health crisis.
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","iv":"eb822f04a67457dfeb9d374ae37bcf09","s":"19028172b9d234dc"}
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