Retail
August 11, 2020
Since China’s population and its projected economic growth will outpace the United States and Europe’s, its increase in global luxury consumption seems inevitable. Image credit: Balenciaga, Haitong Zheng
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","iv":"152e62448729a3a90d0765d2508219c9","s":"e97e6c583bb1204b"}
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