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":"a0f9d27e0308ce6c88724bfc12a2445e","s":"3d038d4866ce4f3d"}
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