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Business trends

Europe's luxury brands buoyed by Chinese spending

But trade war expected to rear its head in second-half results

A couple shop at a Louis Vuitton store in Shanghai.
A couple shop at a Louis Vuitton store in Shanghai.   © Reuters

GENEVA -- European luxury brands thrived in the first half of 2018 thanks to brisk demand from affluent Chinese consumers spurred on by a government that sees domestic consumption as crucial to keeping cash in the country.

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