Hainan luxury sector
Weekly News Wrap: Chinese consumers splurge on luxury in Hainan; Reliance Retail opens first 7-Eleven store in India
Weekly News Wrap: Chinese consumers splurge on luxury in Hainan; Reliance Retail opens first 7-Eleven store in India
And Meituan was fined $530m for breaking China’s anti-monopoly regulations.
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This 11.11, the real battle lies in shopper confidence – not the biggest discount