Financial ill winds ruffle some feathers ...
By Tan Yingzi and Wang Hongyi | China Daily | Updated: 2008-10-30 07:39
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This photograph taken a year ago shows the craze among people in Nanjing to buy a Louis Vuitton. But with the global financial crisis prompting Chinese white-collar workers to cut expenses, the capital of Jiangsu province is unlikely to see such a sight at least this year. Song Qiao |
Their lifestyle is totally different from their parents'. They rarely hesitate before picking up a luxury product. They are part of the country's growing middle class, mostly white-collar workers - the big spenders and compulsive buyers.
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