Creating a harmonious society has now been declared to be the goal of the Chinese Communist Party.
Well, still some way to go Comrades!
While around 23 million Chinese still live below the poverty line (that’s the Chinese one, which is much lower than the international recognized level of one dollar a day), the Top Marques Shanghai 2006 exhibition was held in Shanghai last week.
It turned out to be a glittering showcase of the most expensive luxury goods such as Ferrari, Porsche and Spyker cars, Zitura and Girard-Perregaux watches and anything in between and beyond that could captivate one of China’s 15 billionaires or its numerous millionaires.
Now that the UN Security Council has outlawed the sale of luxury goods to North Korea, China will also have to take in their part to protect the world’s luxury industry from collapsing.
The UN, however, didn’t give a definition of ‘luxury goods’. Will poor Kim now be deprived of his favorite XO-cognac?
Why doesn’t the Security Council just ban the production of luxury goods altogether and divert the investment to the Grameen Bank, the winner of the 2006 Nobel Peace Price?
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