China’s Running Out of Money, Rich People Sell Luxury Goods, Even Hermès Struggles to Sell
China’s Running Out of Money, Rich People Sell Luxury Goods, Even Hermès Struggles to Sell
Udumbara
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One person commented that this woman’s story is a powerful example of how economic changes are deeply affecting how people spend. Going from high-end luxury brands to Pinduoduo’s 17-yuan bags isn’t just a downgrade — it’s a way of coping with financial pressure and reevaluating what really matters.
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