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What happens to luxury if Chinese consumers cut back?

China’s consumers are cutting back on spending as the country struggles with recent economic challenges. But what will this mean for luxury brands? Image credit: Net-A-Porter's Weibo China’s consumers are cutting back on spending as the country struggles with recent economic challenges. But what will this mean for luxury brands? Image credit: Net-A-Porter's Weibo

 

By Adina-Laura Achim