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The Kids Are Not All Right.(China's rich children)

Newsweek International

| October 28, 2002 | Larmer, Brook | COPYRIGHT 2002 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Peering out over her purple-hued Chanel sunglasses, Maggie Cong saunters into China's ritziest shopping center as if she has entered her own private oasis. Huge crowds are jostling for business on the Shanghai streets outside, but Plaza 66 is virtually empty. There are no hawkers shouting. No shoppers bantering. No buses screeching. Just the soothing strains of Muzak wafting across the marble floors, and the hushed entreaties of salespeople eager to please a prized client. Doesn't she just love the little Fendi handbag? How about the Dior dress? Or the Chanel jacket? Plaza 66 is a sanctuary for China's superrich, and Cong visits several times a week to pay homage to the ...

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