Marketing
June 14, 2021
Chinese consumers are approaching pre-pandemic levels of confidence. Image credit: Getty
By Nora Howe
Since the onset of the COVID-19 pandemic last year, affluent consumers in mainland China and Hong Kong have regained confidence, indicating an upcoming boost in the luxury market.
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","iv":"a045e8f0597b1602fe1557fcb1338c3c","s":"0e27062187947b13"}
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