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China denounces money worship to luxury’s chagrin

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.