'Luxury shame': China's rich shy away from flaunting their wealth amid economic jitters

China's rich are cautious about flaunting their wealth as the economy faces headwinds, putting the country's luxury market under pressure.

Jul 16, 2024 - 09:00
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'Luxury shame': China's rich shy away from flaunting their wealth amid economic jitters
China's rich are cautious about flaunting their wealth as the economy faces headwinds, putting the country's luxury market under pressure.