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The virus has trapped US$111bil of luxury spending in China; shoppers turn to e-commerce, livestreaming
Jeff Meng, a 25-year-old watch lover from a well-heeled Guangdong family, had 160,000 yuan (RM97,483) 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.