Tiongkok are pluging internet post on Celebrating Wealth and Fame...why hah?

[k1976]

https://sg.yahoo.com/news/china-wants-nepo-baby-rich-042727876.html

• China's social media is cracking down on influencers trying to get famous by showing off wealth.
• Some of its biggest platforms said they've removed thousands of posts of luxury flaunting.
• All of the companies announced bans on the same day, indicating an industry-wide push for reform.

Wealth-flexing for clout is now officially bad behavior in China.

China's biggest social media platforms launched a synchronized crackdown on parading wealth last week, removing thousands of posts and punishing dozens of influencers for promoting "bad values."

 

[k1976]

https://sg.yahoo.com/finance/news/6-countries-where-millionaires-moving-172201484.html

• An estimated record 122,000 millionaires moved to new countries in 2023, up 45% from 2022.
• Henley & Partners data shows Australia topped the net inflow of millionaires, outpacing the US.
• China faced the highest net loss of millionaires, followed by India and the UK.

Millionaires are leaving China and the UK, and flocking to Australia and the United Arab Emirates.

That's according to data from Henley & Partners, a firm that advises the wealthy where to move to protect and grow their wealth.

The firm says a record number of millionaires moved to a new country in 2023. While the US remains the home to the most HNWIs — high net worth individuals — it is not the country seeing the biggest influx.

 

[k1976]

Again...SG is under Good Hands


Singapore

Singapore.Annice Lyn/Getty Images for the Commonwealth Games Federation
2023 estimated net gain of millionaires: 3,200

2022 net gain of millionaires (rank): 2,900 (3)

According to Henley & Partners, most millionaires migrating to Singapore come from other Asian countries.

 

[Leongsam]

https://sg.yahoo.com/news/china-wants-nepo-baby-rich-042727876.html

• China's social media is cracking down on influencers trying to get famous by showing off wealth.
• Some of its biggest platforms said they've removed thousands of posts of luxury flaunting.
• All of the companies announced bans on the same day, indicating an industry-wide push for reform.

Wealth-flexing for clout is now officially bad behavior in China.

China's biggest social media platforms launched a synchronized crackdown on parading wealth last week, removing thousands of posts and punishing dozens of influencers for promoting "bad values."

Flaunting wealth has been deemed to be unacceptable but if you have a big dick are you allowed to show it off?

 

[syed putra]

It's a communist state plus I figured uncle xi wants Chinese to stop splurging on luxury brands.

 

[k1976]

It's a communist state plus I figured uncle xi wants Chinese to stop splurging on luxury brands.

Good Hands created alot wealth de woh
Many many Posche, Masarati on PIE

 

[laksaboy]

Because political stability is of utmost importance to the CCP regime. With China's economy going to hell, it wants to minimize the chances of social unrest.

 

[BigBlackCock]

Flaunting wealth has been deemed to be unacceptable but if you have a big dick are you allowed to show it off?