China is expected to become the world’s largest luxury market by 2025. But these five predicaments could block its path. Image credit: Shutterstock
5 things that could keep China from becoming the largest global luxury market
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"935eb5ed8978fb9108b33a146e0ff20e","s":"6119165eff6945ea"}