Posted inChina, Shanghai

China’s economy stumbles just like ‘flaunt your wealth’

Flaunt your wealth, or “falling stars,” has become an online craze in China. Posing in bizarre situations as if tripping from their luxury cars, rich kids are jostling to be photographed surrounded by their money, designer brands and jewelry. As an analogy of the broader economy, it has merit. Official data points to a distinct […]

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