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The uneven recovery of luxury spending in China: A tale of contrasting consumers

As China's recovery proves to be less robust than expected, a contrast emerges in the spending patterns between high-net-worth individuals and the middle class.

The uneven recovery of luxury spending in China: A tale of contrasting consumers
As China's recovery proves to be less robust than expected, a contrast emerges in the spending patterns between high-net-worth individuals and the middle class. Photo: Louis Vuitton

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