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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NAvO9ksBl8oS13+G\/GCDRsAmj9AFq2hdfWbPf7g\/qrUWkuXEwwpy7ty6vLE4sr91Jkw7nrsbUT7b8jjYjGSousES1Em58NTiS9Pz10Jk3DBD6xD\/5Txq0DFxq\/R1bWKE5peehUBWzYDo5ylkW0z813dFzCvOr5h52MoyiyC0YvnD4zmnZZI2FehSj564XixbWgrTY9ZMfdAaEYasIAq36Cs2CA2qmgeCdJv91RN8dTumvUHJ5mACXbAJYTcCEp0ncV+r8KWLPE7VbWj2w9rWe32YsUZ8qxFZXEklHS35jsFmF++Etx98z+fNTFa+V7SAQb8lC1h5oKT0ZO0Fh6MHP6kUBTgU91ksHoG74UxIdTg66xeUjvYRqkT5o0Z9qNPiL+1gpYGdIqbGxaz23qKy6nzk5kjbQ97YVxRvQqtveodBV0rTuxDpJBFMQ8IfxExt8z0USV1zEkoWqAzpNwC\/f8YB1OAHLbv2SX2ivijbljPcvqxL\/5YwkPl5aqOrI\/WZlLVzg8pOMINkrOocXX4\/qZ6kKZo64nDJklcKWYq1aKKukdYy8FHPuNi3RtAhNBJIJ+iwYcnOLTY0LILLQwO0zBbQ67YbvCitpTh+Sk7zLQXcUl7O+zfGFw46Eh\/3S68rTgzH9OECWnbh8jCNGyBTb6oBd+EfDcg7BZA1S4Y9N3zh1Wm2cQf5q4Ko\/T1HbAYVScz+7vZDSrqpXPcjNpGAEZmUjekuX9PsYENV4n0ytogcwoqNgfy+s33xmdlSNN4SCUrsnivo6dmX1myYuIPDKIbMxgc9D5oCaF3Qjr2L2UR\/UMlX2abJPnvs5okGgJQU97abh\/5uZZ3hLd1rgHcluF3hK7FnLoUO0MgAMIk\/4WHIgUWFohR194t485sw6WsQB\/yhc9tyEha\/GDqeaXQ7U85951RXTm51Hh2opxOw+EhkLPBZ5lepSagPM4vFgKgH6JK6Xmd\/MfdPMT4JtztB4NDSfDzTrAjgil8pA3o92PTtScqLbYHS3A4KMSqxipzGNHbgA0hlG6Im7fcLNTMILljLZMoUlb61vE9f4HEeml+XlVNHeXSIaGyVGavWKvrWUt7Je652IQO4w1OiiPTwN6YCLtmZOJWfupjLy7bYgBQq3bkTKJl8bcFzZhp+lhTNtj5XPCEVsx37C3Mvtc2sv7TEIdOLpsZAitj6lC6PhaGBkNBbiVxOsuIVNtEjQ0KFLDGbUeQa2vrT2DKXQsAGbL\/4jJNGKhv3SP18bpVqB6M3lXT259x0h5bx6N6pVtIYe6XP3SoHH+EeQY35fhk3jU3y6Ps\/wtSYJhHsNMORPDbheqS5tXsoHVXOd\/W5RgEK3IedNG4ajcDkiClRGzU0dgu\/HWAAxwTPrqwYJ87ioR9ay\/hjFkMYGHvDTuczjUKspnUI9Cs\/ELaCOHl9czLf0ApTYW2QOn9zx9+PjUX9iytaCtHRRwH4dqu5PHF9kTVO2gz8x+rX1HX2ANRDLtxLjv+ShotViBCe+8Jlv3zgsoN7Pv\/SZy60fzbsxs3FSB+F\/MzXZFstMKrvuMFkcPV1Eadnfk8lczNVTN8q1JuA0TZAyQPO6FWwdCEzNA7Ae2Y1PawfSBrwRXrA0u6gQf5wG5D0mZ8IJMUvNKsxprr66o7z4BJQapeu4fzmaldWzO\/Iyo4FUkBCEgNt\/Mvl9RFHfQ31qWPQo6HI3jmDUYLm3V5HluuqfO3Egduy1BGly3c6tNkYNBODEtUMY7k+slengY26ZatYbbhkAmnpB9TmXycCg=","iv":"cd84da97314a67eb8bede447956ef586","s":"5a34bcdc0f5b8177"}
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