The growth of China’s luxury market slowed in 2021 versus 2020, but certain drivers should keep it buoyant long-term. Image credit: Shutterstock
China luxury: More ups than downs, says Bain report
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Retail | No 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","iv":"7068b8de8c5f362b19a3bd686600b68e","s":"3ade0db55e71e018"}