China’s luxury spending seen boosting global sales in 2026 despite headwinds

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Source: South China Morning Post
Published: 2026-04-05 20:00 UTC+10:00
Section: Prada
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Energy, Economy & Finance, China, Financial Markets, Tax & Budget, Property & Housing, World News, Business & Economy, Asia Pacific
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Snippet:
Affluent Chinese consumers are expected to splurge, though a volatile property market and oil price shocks pose challenges, analysts say
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