{
  "id": 16169124,
  "title": "Even China’s wealthy are cutting back, deepening slump for Hermes and Cartier",
  "url": "https://urgent.news/2026/10/23/even-chinas-wealthy-are-cutting-back-deepening-slump-for-hermes-and",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-23T08:41:58.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/even-chinas-wealthy-are-cutting-back-deepening-slump-for-hermes-and-cartier"
  },
  "original_language": "en",
  "account": null,
  "summary": "Big-spending customers and aspirational shoppers are both spending less on luxury items.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}