Jeff Meng, a 25-year-old watch lover from a well-heeled family in China’s Guangdong province, had 160,000 yuan (US$22,800) burning a hole in his pocket. He could not find the Rolex Daytona watch he wanted, dubbed “panda” for its black-and-white face, anywhere in China.The coronavirus pandemic has halted travel and disrupted networks of parallel importers, so […]
Luxury shoppers in China stymied by travel disruption buy second-hand and from local stores as shortages bite
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