News That Stays News

On the Chinese Mistress February 18, 2011

1. An advertising analyst explains China’s mistress culture in Culture8. He also explains why Chinese men make up most of the luxury market:

Male consumption is the largest source [of luxury purchases], with much of it coming from man to man gifting for business purposes  – you could call it trust facilitation. That’s one of the things that makes the luxury market in China absolutely unique; men buy a lot more luxury products than women do, and this is largely to smooth business transactions.

2. That article led me to discover what a “chav” is- apparently it’s a lower-class British person with a penchant for fake Burberry. This did a good bit of damage to Burberry’s brand in Britain, and they started changing their designs to compensate.

3. Babbage from the Economist on Watson.

4. An Egyptian Post-mortem:

a. US Egyptians consider going back.

b. Niall Ferguson blasts American Grand Strategy in Newsweek

c. Lexington: summing up.

Credits: The Browser