Retail
January 19, 2021
China’s rising national debt levels will eventually hamper economic growth and create a market with less disposable income for luxury. Image credit: Shutterstock
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","iv":"7f2ee46db82ebc5461c0d6c413ce10d4","s":"b34aef345d90b039"}
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