Analysis: Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall
- Posted on September 24, 2024
- By CNN
- 3 Views
Analysis: Goodbye Louis Vuitton. China’s Gen Z leans into ‘dupe economy’ as growth prospects stall
China’s economic slowdown means people are spending their more limited funds on so-called “pingti” products, high-quality replicas of branded goods known in English as dupes.