Retail
April 3, 2019
Louis Vuitton is among the luxury brands that have cut prices in China. Image credit: Louis Vuitton
By Sarah Ramirez
With cuts in China’s value-added tax now in effect, luxury brands are reportedly responding by lowering their prices as the government hopes to reinvigorate the world’s second-largest economy.
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","iv":"83e3ddb56912f4bcd19d2d3ee8804fa4","s":"79f325c9d5f78289"}
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