Why are China's elites going for "quiet luxury"?
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Published 2024-07-02
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All Comments (21)
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Rich men spend like poor men, and poor men spend like rich men
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The portrayal of wealthy Chinese individuals mirrors the fishbowl phenomenon. Essentially, Chinese people are experiencing a phase of wealth stabilization and self-awareness similar to what Westerners have already gone through. In time, they'll become just as concerned about organic food and plastic cups as yoga moms were in the West a decade ago.
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The way you deliver your narration in both English and Mandarin with ease deserves 2 thumbs up 👍 👍
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because the government told them to tone down the flaunting on the media, for general public's morale
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How am I supposed to spot Chinese tourists without them wearing Balenciaga t-shirts and sporting Chanel handbags?
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This a trend for all rich people around the world. High quality clothing is important, ostentatious luxury is outdated.
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There used to be a time when if you wore a tee shirt provided by a brand for free, you would be considered a walking billboard. Worst is when you pay so much to be their advertisers. Glad people are slowly waking up to their senses.😊
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Have they ever tried no luxury if they are gonna pretend to be humble?
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Because everyone is tired to see word BALENCIAGA and BAPE on everyones clothes
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At least she knows Chinese. Some improvements.
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Yes, I felt that when I was in China recent times, people more look for the quality of textile, comfort and tech of cloth, something as simple as no edge underwear ( the edge and label all gone because the extra skin rub discomfort from them)
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We have something like this in America. The bourgeoisie and the proletariat.
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Quiet luxury: Amazon Essentials= more money in your account.
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brand is for people to look rich
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Soon Chinese parents will look at their children at dinner time and say ： "If you don't study hard, you will only be able to drive a Mercedes-Benz and a BMW in the future."
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Which probably explains why the top 1% is now giving up "quiet luxury" for "no luxury at all"
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Not the China Chinese in Australia!! Wears 'Chanel' and heels to the supermarket and shopping malls!
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Maybe now they prefer quiet washing machine than loud noisy washing machine.
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China with the population of 1.5 billion has 969 billionaires is not more than US which only have 350 million people yet 691 billionaires. If you switch over to percentage.
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china should impose 100% tariff to these luxury brand from EU and US in retaliation to them.
