China Leads Global Recovery of the Luxury Watch Market, After Years of Decline

Photo: Claudia K/Shutterstock Before the anti-corruption campaign, high-end timepieces were one of the most sought-after luxury items by rich (and corrupt) Chinese government officials looking to flaunt their power. The campaign, initiated in 2014, largely curbed that demand, causing the whole market to decline. But the global luxury watch industr...

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