“I’m mentally working on a shopping list,” says Zeng Rong, 34, a Beijing-based auditor who is looking forward to her upcoming Hainan trip. “I’d like to buy a Bottega Veneta bag as well as a coat and a down jacket from Moncler before the weather gets cold.”
Lavish events are also back. Louis Vuitton menswear designer Virgil Abloh held a Spring/Summer fashion show before a live audience in Shanghai last month. Prada hosted private viewings of its new collection last week - also in Shanghai, the country’s fashion capital which has begun to replace Hong Kong as the favoured shopping haven for domestic tourists.
“Mainland China has become the place where all the purchase power is trapped,” said Mauro Maggioni, Asia Pacific CEO at Italian luxury sneaker and apparel brand Golden Goose which has 21 stores in mainland China. It also opened stores on China’s top e-commerce sites last month and plans a new shop in Hainan soon.
Helping stoke domestic demand, the Chinese government has long sought to bring some of the money splashed abroad by its citizens overseas back home.
There is no doubt that China has been very successful in containing the virus. Hope China has produced effective vaccines too.
Liberalism won't stand a chance until it realizes consumers are the working class and the working class consumes more when they earn proper wages for their work.
The grantee is the one who responsible for this 👇
All by design, thanks to this scamdemic and Dem traitors
Nice. They destroyed our lives spreading the virus. Now they deserve partying, shopping, all the best. I trust they will get eventually what they really deserve. Poor world will not make them rich.
Naomba mnifikishe a thousand Subscribers 🙏😭🇰🇪🇹🇿🇺🇬 atleast nimonetize channel yangu inisaidie Hali ya music industry ni ngumu Sana tangu 2015👇👇 Inaitwa 2022 bado tu Subscribers 221🙏
Shame on these luxury brands. Why are they not concentrating young nation India ? Indians are fond of luxury brands .
BoycottChineseProducts