China stresses the luxury segment with duties and a future yet to be understood

China stresses the luxury segment with duties and a future yet to be understood

China’s red numbers on luxury and a future yet to be deciphered. The stock market fears that European high-end goods will be subjected to duties by Beijing. Analysts categorically rule this out. At the same time, however, they argue that a definite upswing in luxury shopping among Chinese consumers is not around the corner. China…

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