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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "China's Common Prosperity Agenda could Destroy Luxury Brands" video.
It will have more effect on private individuals with seizeable assets.
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Wut?
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China driving growth of luxury goods? That quite a revelation as the vast majority of luxuries in China are knockoffs or completely fake. At the same time, even Chinese of modest means will buy luxury items just to show off. Chinese influencer culture is also not about fitness and friends like its western counterpart, but about wealth and romance. It should highlight how hollow China's alleged growth is.
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