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":"bbf0c05518d9666f1e0addfed8ca9219","s":"e3801d80cdee3402"}
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