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Government

China denounces money worship to luxury’s chagrin

November 17, 2021

The Chinese Communist Party recently denounced the country’s money worship, extreme individualism, and corruption. But will that affect luxury there? Image credit: Shutterstock The Chinese Communist Party recently denounced the country’s money worship, extreme individualism, and corruption. But will that affect luxury there? Image credit: Shutterstock

 

By Adina-Laura Achim

According to a document published by People’s Daily, The Chinese Communist Party (CCP) recently denounced the “money worship, extreme individualism,” and corruption it says has blossomed since the country opened 40 years ago.

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  1. Hermès beckons consumers to storybook world of Della Cavalleria
  2. Dior reinvigorates Miss Dior with latest floral romance
  3. Dior goes for gold with flashy J'adore campaign
  4. Day’s wrap: LVMH, Fendi, L’Oréal, WeChat Pay and luxury real estate
  5. Burberry transforms customer experiences through digital innovation
  6. Free Webcast on Dec. 16: Luxury Real Estate Outlook 2021
  7. How luxury brands can win Gen Z and millennial shoppers
  8. Gucci offers consumers stylish avatars in gaming collaboration
  9. Men spend more on luxury, but shop the same amount as women: report
  10. Audi offers vision of progress in Janelle Monáe campaign
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