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Day’s wrap: China vs. US affluents, Watches of Switzerland and Walpole

Chinese affluent consumers are more optimistic than their U.S. counterparts post-pandemic. Image credit: Agility Research & Strategy Chinese affluent consumers are more optimistic than their U.S. counterparts post-pandemic. Image credit: Agility Research & Strategy

 

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US versus China: The affluent consumer’s mindset post COVID-19
When it comes to luxury consumption, no other countries are as important as the two major wealth and luxury powerhouses: China and United States.