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☆ China's richest people are leaning hard into quiet luxury, wielding stealth wealth like a weapon and scorning their flashy, label-chasing peers
▼ + stars: | 2023-08-26 | by ( Mary Hanbury | Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +12 min

And rich Chinese people are leaning in, ditching "logo hunting" in favor of elegance, experts say. In a similar vein to the US and Europe – the "quiet luxury" aesthetic has emerged as a reaction to the economic climate. Chinese social media's got quiet luxury down to a sciencePeople have posted tutorials and photos on the “laoqian” style on China’s Pinterest-like site, Xiaohongshu. XiaohongshuTo be sure, there's being rich and looking rich, and the latter is where it's at on Chinese social media. WeiboSome influencers have also uploaded video tutorials on the "laoqian" style, to guide people on how best to dress for success.

Persons: that's, Dior, Gucci, Louis, Rich, Tom Wambsgan, Chukrut, you've, Javier Gonzalez Lastra, it's, Xi Jinping's, Milton Pedraza, Pedraza, media's, you'll, Richemont, Louis Vuittons, Thomaï Serdari, Joe, they're Organizations: Service, Bain, Co's, Burberry, Louis Vuitton, Getty, West, Ivy League, China Morning Post, Crazy, Luxury Institute, Twitter, NYU's Stern School of Business Locations: China, Wall, Silicon, America, bucketloads, Shanghai, Europe, Tema, Nanjing, Nikada, Beijing, Weibo

☆ China state media says developed nations not shunning Belt and Road Forum
▼ + stars: | 2023-08-12 | by ( ) www.reuters.com time to read: +2 min

[1/2] Chinese President Xi Jinping attends the joint press conference of the China-Central Asia Summit in Xian, Shaanxi province, China May 19, 2023. REUTERS/Florence Lo/Pool/File PhotoBEIJING, Aug 12 (Reuters) - Chinese state media on Saturday rejected a Western claim that developed nations were shunning the country's Belt and Road Forum, while saying most of the leaders invited this year were from developing nations. Critics see the ambitious Belt and Road initiative - billed as recreating the ancient Silk Road to boost global trade infrastructure - as a tool for President Xi Jinping's China to spread its geopolitical and economic influence. Italy, the sole Group of Seven nation in Belt and Road, said the decision by a previous government to join had been "atrocious". Russian President Vladimir Putin intends to visit China in October, coinciding with the Belt and Road Forum, Russian state news agency TASS reported.

Persons: Xi Jinping, Florence Lo, Xi Jinping's, Xi, Vladimir Putin, Ryan Woo, William Mallard Organizations: Central Asia Summit, REUTERS, Forum, Street, Times, Thomson Locations: China, Xian, Shaanxi, BEIJING, Xi Jinping's China, West, Beijing, Italy, France, Germany, Russia, Africa, Russian

☆ US intelligence thinks China's protests will likely fizzle out because they are disorganized and leaderless: Politico
▼ + stars: | 2022-12-02 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +2 min

US officials think the protests in China are unlikely to gain momentum, Politico reported. Politico saw government communications on how the protests have been leaderless and disorganized. That's according to government communications from Tuesday seen by Politico that described the movements as disorganized and mostly leaderless. Some protesters in Shanghai described being pulled from the crowd indiscriminately, and being beaten and hung upside down by police officers. Protests in Shanghai and Beijing have largely died down, though there were still clashes between protesters and police in Guangzhou on Tuesday night.

Xi Jinping consolidated his power in China with a reshuffle of the politburo standing committee. He also used the event to unveil the new members of the politburo standing committee. He is a new entry to the standing committee, and at 60, is its youngest member. He is another new member of the politburo standing committee and will help lead the central commission for discipline inspection. He previously worked as the party leader in Yan'an, which once served as the headquarters of the party before it took control of the whole country.

☆ Video: Xi Jinping's China dream explained
▼ + stars: | 2022-10-16 | by ( ) edition.cnn.com time to read: 1 min

In just ten years, Xi Jinping has irreversibly changed China. The grand strategy underpinning it all is to restore the country to his imagined vision of a strong, powerful China. CNN's Selina Wang breaks down Xi Jinping's legacy.

Search resuls for: "Xi Jinping's China"

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