Retail
March 29, 2021
A confidence crisis in the Chinese leadership or a new policy such as China’s anti-corruption policy from 2012 could stem the tide of luxury spending. Image credit: Shutterstock
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","iv":"80aca28c93b320bbe4aa460e2652b34a","s":"d126ab663527be31"}
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