China And Luxury

Recent days I read a large amount of news about the high purchasing ability of Chinese people.They travel all over the world,purchasing luxuries and even become a kind of new industry.

As the news in The Global And Mail showed,despite economic turmoil,Chinese still top buyers of luxury goods.After the financial crisis in 2008,the economy in China developed in a high speed and more and more opportunities come out for citizens to earn money.The strong purchasing ability is one of the symbols of the development of the economy,but all the facts are hiding below the surface which means the existing question in China called unfair allocation brings many negative effects.

Luxuries are not the necessities but many wealthy Chinese people regard them as necessities to satisfy their vanity.Secondly,many universities students even start to earn money by joining a kind of marketing model called micro business.They usually offer the service about helping buyers who are in China to buy luxuries overseas.

In my opinion,it’s not a good phenomenon for not only Chinese people but also for the business all over the world.We are likely to publish some method to solve this problem

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