In the 1980s, Shenzhen was a forgotten fishing village. But today, it is challenging Hong Kong as China’s top luxury hotspot. Image credit: Shutterstock
Why Shenzhen – not Hong Kong – is luxury’s new golden ticket
Posted By a Luxury Daily columnist On In Featured,Industry sectors,Real estate | No 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","iv":"2ad6cd07d10ba10c8639075fac8001dc","s":"f983782e0895d107"}