The China Luxury Downturn Is Real – Global Luxury Brands Must Adjust
- Friday, January 17, 2014, 11:54
- Entrepreneurs
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吃苦 (chī kǔ): To Eat Bitterness. For centuries Chinese people have used this term to teach and remind themselves and their children that it is important to endure hardship, to develop a thick skin and to keep persevering no matter how many obstacles are put in your way, and ultimately you will get through tough times and succeed.
http://www.forbes.com/sites/michaelzakkour/2014/01/17/the-china-luxury-downturn-is-real-global-luxury-brands-must-adjust/