Research
March 31, 2016
Chinese affluence
By Sarah Jones
Chinese consumers are becoming more selective in their purchases, trading up from mass to premium labels as their confidence grows.
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","iv":"870009b20709c1096293f8fc91d37093","s":"f97c97e83efa2e41"}
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