How China’s ‘Crystal Capital’ Cornered the Market on a Western Obsession
- Posted on January 20, 2026
- By Wired
- 2 Views
How China’s ‘Crystal Capital’ Cornered the Market on a Western Obsession

Decades ago, Donghai was a backwater county. Today, thanks to an army of 24/7 livestreamers, it orchestrates a multibillion-dollar global industry.