With 15,799 Chinese officials being punished in July for violating China’s frugality rules, will China’s post-COVID-19 luxury market take another hit? Image credit: Shutterstock
How will China’s frugality code affect its luxury market?
Posted By a Luxury Daily columnist On In Featured,Government,Industry sectors,Legal and privacy,Retail | No Comments{"ct":"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","iv":"935099c58ecf3b113e4c1ecbc44a0fd7","s":"c12d93511e089e50"}