China is going to be one of the next luxury producing countries. It will develop its own brands and will conquer a substantial portion of the luxury market backed by the purchasing power of the ubiquitous Chinese consumer. This is a strong statement, but a closer look at emerging Chinese brands shows the opposite: the typical Chinese entrepreneur has a tendency to imitate rather than create, an attitude which could explain the impressive success of a “sector” that makes up 8% of Chinese GDP: the flourishing counterfeit business. Let’s take a short trip to Shenzhen, the capital of Chinese fashion. Just next to the train station, the naïf western tourist…
