China’s crackdown on a wide range of businesses shows Beijing is changing its strategy. But can luxury brands take advantage of this shift? Image credit: Shutterstock
Can luxury leverage China’s new direction?
Posted By a Luxury Daily columnist On In Featured,Government,Industry sectors | No Comments{"ct":"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","iv":"055d589351fa4a33a4f70469ab0175bc","s":"e2558c64b13c32ed"}