Research
March 9, 2023
China's wealthy favor luxury items that increase in value, such as Birkin Bags and Rolex watches, while younger HNWIs spend to reward themselves. Image credit: Shutterstock
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","iv":"c748a34672ddbd98879abd32a613db88","s":"adc26ab45ad4c397"}
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