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":"39e0fb6d4c6b3d5aacc33ef367655815","s":"86b8e83792edf539"}
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