16/11/21 -"Will luxury brands be victims of the storm of policy shifts in China?"
The incredible purchasing power of Chinese consumers has prompted Western investors to invest their free cash in luxury stocks.
However, recent crackdowns in a number of main industries, the cooling of the property market, and President Xi’s ambition for “Common Prosperity “have raised concerns about luxury spending in China.
Will luxury brands be victims of the storm of policy shifts in China?
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