spot_img

Portfolio


In China they call them fuerdai, literally speaking "the second-generation rich". they are young and hugely wealthy, the sons of the businessmen who partook of the Chinese economic boom. Cars, luxury holidays, clothes, watches and especially high-tech gadgets.
The fuerdai show off their status on the social networks (especially Weibo, the Chinese Instagram) and are truly hooked on the internet, spending at least 14 hours a day on the web. A social phenomenon that has got even President Xi Jinping worried. He has invited their parents to teach them the value of the money they flaunt so brazenly.

If you want to read it all, purchase the entire issue in pdf for just three euro

 


Continue reading this article and all other Eastwest and eastwest.eu content.

Subscribe for 1 year and gain unlimited access to all content on eastwest.eu plus both the digital and the hard copy of the geopolitical magazine for € 45, or gain 1 year of unlimited access to only the website and digital magazine for € 20

Subscribe

Do you have a PREMIUM or DIGITAL+WEB subscription? Login to your account



- Advertisement -spot_img

Uzbekistan and Kazakhstan: the shapers of Central Asia

Afghanistan, the indomitable land

AUKUS: friends and nuclear submarines

The disaster of the Aral Sea and the risk of new water wars