LA Times: In China, Alpha Males Carry Designer Purses
Indeed, pricey handbags — power purses, if you will — are often wielded for maximum effect, said Paul French, a Shanghai-based author and chief representative of the market research group Access Asia. The retail analyst said he was struck by the way many first-generation Chinese entrepreneurs used these props, leaving them unzipped just enough to whip out a gold lighter or reveal a brick of 100-yuan notes.