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  "documentTitle": "A New Generation of Chinese Consumers Reshaping the Luxury Market",
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      "text": "80% of counterfeit products come from China. According to European Union Intellectual Property Office, the luxury industry loses 60 billion euros annually. The impact is more than financial; brand image is also impacted.",
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      "text": "China has a long tradition of luxury. The 1990s however is the beginning of the luxury in contemporary China. Since this decade, the Chinese luxury market has grown rapidly every year.",
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      "text": "In the eyes of Chinese luxury consumers, Prada, Chanel or Hermès are much more desirable, they are brands that don't lose their character. — Alexis Karklins-Marchay, partner at Ernst & Young",
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