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Will Change in Leadership Boost Luxury Sales in China?

Posted: Nov. 2nd, 2012  |  By DailyLuxe News

Apparently, there is a gridlock in China with consumer on high-end spending that is expected to break with a change in government. Bloomberg reports the wait-and-see period ends November 8, when the leadership transition begins.

 China’s economy expanded at its slowest pace in three years in the third quarter and consumers are still slow to spend. 

Read More on bloomberg.com
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