Luxury sales plunge in China as tax push hits rich shoppers
International Business News: Global luxury brands are facing a deepening sales slump in China, as the country's campaign to tax offshore wealth sends ripples from stock markets to.
China’s luxury market slumps as tax crackdown on offshore wealth hits spending by the country’s richest consumers Global luxury brands are facing a deepening sales slump in China, as the country's campaign to tax offshore wealth sends ripples from st... [1373 chars]