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Jun
2013

Guangzhou: Editor’s view

As one of the most developed cities in China, the luxury market in Guangzhou has not developed as quickly as other comparable locations. Relatively, there are few high end shopping malls and department stores, and the major luxury brands have also been very controlled with their expansion strategy in Guangzhou. It is widely believed in the industry that this pragmatic approach to luxury and the geographic proximity to Hong Kong and Macao have limited the development of local luxury market.……
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