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China’s Ban On Public Spending On Luxury Goods And Services

China’s Ban On Public Spending On Luxury Goods And Services

In the lead up to this October’s once a decade leadership change in China, growing public resentment of corruption has led to increasing scrutiny of extravagant spending by government officials in China. As a result, new measures were recently introduced to curb public spending on luxury goods and services. The following is a curated list of articles covering the potential impact this recent ban will have on China’s luxury sector.

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