People are more willing to spend on small indulgences such as cosmetics.
Fang Jinqi, 32, said the most urgent thing for her at the moment is to develop a more thrifty lifestyle because her job as a property agent business is stagnating.
The big fan of Hermes bags who used to buy a new one almost every two months said she has not done so for at least six months.
To make up for the loss of her hobby, Fang is now turning to cheaper cosmetics, such as lipsticks, which she said “can be easily picked up from chain stores such as Sephora”.
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Shi Jing via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/8EkEtWS9Cjc/
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