Jan
28
6 China Luxury Trends to Watch in the Year of Horse
Posted in: UncategorizedChina is about to usher in the Year of the Horse, leaving behind the Year of the Snake — a turning point for many luxury brands, and one they’d rather forget.
The government has pushed an anti-corruption campaign for public officials, cracking down on extravagant gift-giving, fancy banquets, high-end hotel stays and even over-the-top funerals. Watch companies and foreign liquor brands have suffered badly.
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