Luxury Product Sales Slow in China

Sales of luxury goods in China have slowed dramatically compared to last year.

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Luxury Product Sales Slow in China — A woman walks past a luxury watch store in the Wangfujing shopping street of Beijing. Mark Ralston/AFP/Getty Images

By Valentin Schmid

8/3/2012Updated: 10/1/2015

<a><img class="size-medium wp-image-1783812" title="A woman walks past a luxury watch store" src="https://www.theepochtimes.com/assets/uploads/2015/09/120716145.jpg" alt="" width="350" height="262"/></a>

Valentin Schmid

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Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.

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