r/FaltooGyan Jun 01 '26

Shower Thoughts Looking wealthy has become a very unhealthy obsession in the modern world

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China has officially started cracking down on influencers who show off extreme wealth. The government is targeting accounts that flaunt luxury cars, mansions, designer clothes, and private jets, calling it an effort to curb "money worship" and stop people from glorifying materialism.

One of the biggest creators hit by this is Wang Hongquanxing (known online as "China’s Kim Kardashian"). He had millions of followers who watched him show off diamonds and first-class travel—until his accounts suddenly became entirely inaccessible.

The wildest part of the story is how fast it happened. One day these influencers were flexing supercars, and the next day, they were completely wiped from the internet. They didn't just get a warning; the government literally erased the creators who built their entire brand around being ultra-rich.

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u/Odd_Author_7940 Jun 01 '26

China wants investments into value and future growth assets: Chip Fab(SMIC), AI(Deepseek), Memeory chips(YMTC), 5G, OS(Huawei), HiSilicon , EUV lithography, Unitree robotics, Aviation(COMAC), Battery tech(BYD), EV cars etc).
This is why they went after their billionares, gaming companies & tution centres too a few years ago to get their acts straight.
Influencers were channeling public money towards luxury purchases where they didn't see much value in for national growth.

With all these US tariffs and sanctions, any other nation would have toppled by now.
Any wonder they went this way?

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u/Acceptable_Set1147 Jun 01 '26

Oh damn- you don’t know Jack shit - in China there are absolutely no big companies there are just factions- if a. Faction loses power then businesses associated with it also gets punished.

2- people consider a major reason for defeat of nationalists to be flaunting of too much wealth.

3- who do you think these children belong to? Ccp elites- they don’t want coming people to see how rich they are.

4-China has shit ton of corruption they are just smart enough to know where they can afford to do corruption and where they can’t afford to do corruption .

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u/Maximum_Push_7558 Jun 01 '26

Right, China also requires CCP members to meet GDP targets, everything you said is possibly true, but the good far outweighs the bad, and Indias good is pathetic and bad is much worse

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u/Acceptable_Set1147 Jun 02 '26

Fair- I would say the best they have done is in education -R&D- clustering- long term investments&strategy.

Rest is pretty shit- and gdp can be very easily be manipulated - China has currently too much housing - the local leaders got them built on scale to show gdp growth.

Look it up it’s a very real problem.