Luxury Product Sales Slow in China

Sales of luxury goods in China have slowed dramatically compared to last year.
Luxury Product Sales Slow in China
A woman walks past a luxury watch store in the Wangfujing shopping street of Beijing. Mark Ralston/AFP/Getty Images
Valentin Schmid
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Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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