Retail
August 11, 2020
Since China’s population and its projected economic growth will outpace the United States and Europe’s, its increase in global luxury consumption seems inevitable. Image credit: Balenciaga, Haitong Zheng
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","iv":"957c193f45ba208f96cba0e4c2a45e77","s":"e08accf8ad053455"}
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