around-the-turn
No price like home: Big spenders reappear in China
December 4, 2016 by publisher · Leave a Comment
SHANGHAI/BEIJING (Reuters) – China's wealthiest shoppers are spending at home again, roused from a three-year slumber by a weaker yuan, lower prices and a crackdown on overseas sales agents – a welcome boost for the world's luxury brands. China's rich make up almost a third of the world's luxury shoppers, up from only 2 percent around the …
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No price like home: Big spenders reappear in China