The content originally appeared on: CNN Xi's push to redistribute wealth in the world's second-largest economy has unsettled some luxury market investors. The sector still bears scars from a sweeping government crackdown on corruption several years ago and is now relying on Chinese consumers more than ever. Shoppers in mainland China are vital to brands such as LVMH, Hermes and Gucci. Last year, as the coronavirus pandemic took hold worldwide, China's case numbers remained relatively low and the country's share […]
