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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","iv":"4032cbd0e7e56e5f4bfac0ca87a4db20","s":"e5b8f59550db6a66"}
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