Fake Rich of China: The Secret Lives and Lies of 'Shanghai Socialites' | China Economy | Internet
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The 'Shanghai Socialite' Illusion
A blogger infiltrated a 'Shanghai Socialite' group, revealing that members often fake their wealth by sharing luxury items, hotel rooms, and even intimate apparel to create an illusion of affluence. The group requires a membership fee and proof of assets, yet its core function is resource pooling for appearances rather than genuine luxury.
