Fool’s Gold?
Laopu Gold, a homegrown jewelry brand that defied the consumer slowdown, is hailed as China’s Hermès. But some are raising doubts over whether it can sustain its success.
Rachel Cheung is a staff writer for The Wire China based in Hong Kong. She previously worked at VICE World News and South China Morning Post, where she won a SOPA Award for Excellence in Arts and Culture Reporting. Her work has appeared in The Washington Post, Los Angeles Times, Columbia Journalism Review and The Atlantic, among other outlets.