The dark April of Beijing: the risk of a recession threatens the luxury segment

The dark April of Beijing: the risk of a recession threatens the luxury segment

Lily Huang, Chinese product manager of 27 years of age, has for the first time in her young life, has started experimenting with savings. She did so after a few of her colleagues were let go. It’s a testimony to what is happening in China, where some newspapers are mentioning a “big production shock”. Profits…

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