, Columnist
While Americans Cut Back, China Goes Full Bling
Beijing's economic revival is fueling a fashion renaissance like no other, and mega-luxury vendor LVMH is a big beneficiary.
Shopping in Shanghai.
Photographer: VCG/Visual China GroupThis article is for subscribers only.
This is Bloomberg Opinion Today, a forthcoming debate about Bloomberg Opinion’s opinions. Sign up here .
Okay, you tell me: Is this a coincidence? Just days after President Emmanuel Macron “kowtowed” — as Andreas Kluth put it — to President Xi Jinping of China, a flood of French protesters stormed the Paris headquarters of LVMH, the world’s largest luxury vendor … which happens to be heavily reliant on Chinese business. Symbolism, baby! It’s a beautiful thing.