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Mar
2013

The waiting game is over; well almost

Well, the waiting game is over. The party congress took place earlier this month, and luxury brands and market observers alike waited for ‘the’ policy announcements to be made, in particular related to consumption taxes and controls of the purchase and receipt of luxury goods by government officials and state owned enterprises. The problem was that there was nothing concrete said, which perhaps isn’t surprising, and the waiting must continue.…..

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