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More Chinese seek bargains at Beijing market as confidence in economy wanes

Luxury executives have been banking on China to help boost overall sales in 2023, but the new-found thriftiness of the middle class, which companies from LVMH to Gucci-owner Kering have courted for years, could pose a problem. ....

Becky Liu , Marius Zaharia , Gucci Owner Kering , Winni Zhou , Miral Fahmy ,