Retail
November 18, 2020
Asia Pacific was the first region to face COVID-19, with the virus first emerging in Wuhan, China in late 2019. Image credit: Euromonitor
By Ellen Kelleher
Although consumer confidence has rebounded during the ongoing COVID-19 crisis, many continue to adapt their budgets as safety perceptions shift and spending priorities evolve amid persistent financial uncertainty.
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","iv":"8362036f9db895b95f3eb99ea282bb33","s":"cf4079675f7d62a4"}
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