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China still ‘beating heart of global luxury’ as French giant LVMH signals faith in market

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French luxury giant LVMH has expressed full confidence in the Chinese market despite sluggish consumption in the world’s second-largest economy, promising continued investment in what it calls “the beating heart of global luxury”. “The future of luxury is being shaped here, in China, with China and with our Chinese clients,”…

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Click here to read the full story: South China Morning Post

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