Luxury stocks may be a risky China stimulus bet

Chinese consumer spending once powered luxury companies to all-time highs. With sluggish economic growth, the outlook for the sector might not be the same.

Oct 20, 2024 - 05:00
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Luxury stocks may be a risky China stimulus bet
Chinese consumer spending once powered luxury companies to all-time highs. With sluggish economic growth, the outlook for the sector might not be the same.