With official releases pegging China's third-quarter GDP growth at 6.5%, the "world's factory" is hitting its slowest pace in nine years and if the luxury goods industry continues to depend on the market for revenue growth, it would a recipe for disaster.
The post The Illusion of Chinese Wealth, Chinese Luxury Goods Consumption and the China Hustle appeared first on LUXUO.
from LUXUO
No comments:
Post a Comment