The luxury market won’t reach 2019 levels until 2022 or 2023, but 2021 is still in question since the second wave of Covid is threatening the recovery that started in the second half of this year.
( read original story …)
Home BUSINESS China Is Headed To Be The World’s Largest Luxury Market By 2025, But American Brands May Miss Out
ADVERTISEMENT
Categories
Beijing
22°
overcast clouds
humidity: 21%
wind: 1m/s SW
H 22 • L 20
Weather from OpenWeatherMap
Recent Posts
- China Vanke expects up to $1.7 billion net loss in H1 15/07/2025
- X Financial: An In-Depth Look At This Dirt Cheap Compounder 15/07/2025
- China Stimulus, Inflation, and a Warning for Stocks | Macro Money 15/07/2025
- Western brands still carry cachet in China’s lower-tier cities. So that’s where they’re turning their attention. 15/07/2025
- Nvidia to resume H20 GPU sales in China 15/07/2025
- Beijing just yanked Ant Group’s IPO to show Jack Ma who’s … – CNN 15/07/2025
- China’s Q2 GDP Slows Amid Trade Tensions and Property Slump 15/07/2025
- Pentagon Is Pressuring Key US Allies About Potential War with China: Report 15/07/2025
- China’s economy set to slow in Q2 as pressure from US tariffs mounts 15/07/2025
- China launches new spacesuits, other supplies to Tiangong space station 15/07/2025
- 3 Made In China Coins to Watch in the Third Week of July 15/07/2025
- China is the Pentagon’s top challenge. Here’s what the Army says it’s doing about it. 15/07/2025