China’s Running Out of Money, Rich People Sell Luxury Goods, Even Hermès Struggles to Sell

Video Description

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. Join this channel to get access to perks: https://www.youtube.com/channel/UCT2kPBcD6tXn8TP_aV7BmgA/join #chinaobserver All rights reserved. ⭐You can support us at: https://donorbox.org/china-observer-supporting-independent-news ⭐For business cooperation, please contact us: [email protected]