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":"3a8df87a50485fcf07b78e3dc29db9ce","s":"f54af37d49c45856"}
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