Wealthy Chinese dial back spending on luxury: Hurun survey
Report shows China’s affluent consumers reined in their spending on luxury last year, though bright spots emerged.
Spending on health and travel surged last year in China as affluent individuals pivoted to experiential and wellness-oriented luxuries. Photo: Shutterstock
Spending on health and travel surged last year in China as affluent individuals pivoted to experiential and wellness-oriented luxuries. Photo: Shutterstock
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