Drum Tower: China’s appetite for luxury goods is changing

economist.com/podcasts/2025/05/27/chinas-appetite-for-luxury-goods-is-changing

2025 was tipped as the year when China would become the world’s biggest luxury goods market. For years the country’s growing middle class had been a mainstay of luxury goods sales, snapping up everything from high-end handbags to pricey skincare products. But last year purchases…

This story appeared on economist.com, 2025-05-27 16:11:54.
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