Women in China’s lower-tier cities and towns are increasingly buying gold accessories for investment and prestige
Wang Yuan is a young woman from Xiaogan, a prefecture-level city in Hubei province, with a habit: buying gold.
Ever since she passed the exams to become a civil servant, with each bonus Wang collects from work she rewards herself with gold jewelry. In fact, she spent nearly 3,000 yuan on a birthday present to herself this year: a gold pendant in the shape of a lily of the valley flower.
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