The end of pandemic-era restrictions has unleashed a luxury spending rebound in China. Which Western brands are coming out on top? NYTimes New Year’s Eve https://www.nytimes.com/2023/05/02/business/china-luxury-spending.html Elizabeth Paton and Keith Bradsher Original Source: NY Times >>
Tag Archives: Shopping and Retail
Why China’s Economy Faces a Perilous Road to Recovery
Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers. NYTimes New Year’s Eve https://www.nytimes.com/2023/01/02/business/china-economy-covid.html Keith Bradsher Original Source: NY Times >>