A massive stock of luxury goods are up for auction in Wenzhou, Zhejiang province, after officials were forced to turn over items that had been offered as bribes for their services. A brief perusal of the list includes watches, jewelry, hand bags, and vintage wines, each of which a steady reminder that 1) Chinese officials are incredibly corrupt, 2) Luxury goods are wildly, crazily, insanely expensive.
The South China Morning Post details the good, the bad, and the pricey in Wenzhou’s upcoming sale:
The kickbacks include a Cartier watch with a secondhand value of 20,000 yuan (HK$25,000) and other luxury-brand goods from companies including Dolce & Gabbana, Burberry and Gucci, Xinhua reported. […]
The lowest opening price is 40 yuan for a Dolce & Gabbana shirt. A member of staff at the auction house said the style was outdated and the size meant fewer people were likely to bid.
The Cartier watch’s starting price is 15,000 yuan.
Other items up for sale include stamps, expensive liquor and Chinese medicines. […]
Antiques and paintings will be donated to museums.
While a 15,000 yuan watch may be obscene, there is something bizarrely hilarious about auctioning off a 40 kuai shirt that was previously owned by some corrupt Zhejiang official.