Marketing
November 5, 2021
Most Chinese millionaires expect to increase their luxury spending in early 2022. Image credit: Valentino
By Sarah Ramirez
While China’s affluent have led luxury’s recovery from the COVID-19 pandemic, their optimism seems to be waning nearly two years after the start of the global health crisis.
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","iv":"aa40cb34d7e25890aca3db6f830e5f46","s":"cd2e8c14b45cf6f2"}
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