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":"dffa46ff5c2f8dacc40acc1893c19bb0","s":"fc71850d64deeba2"}
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