BEIJING, China — In the Xi Jinping era, some of the gaudier icons of contemporary China’s wealth boom — the heirs, the mistresses, the newly minted millionaires who delight and infuriate the public by showing off with gold cars, fairy-tale castles, and pictures of their vast bank balances — may be passé.
The jailing and shaming of ambitious socialite Guo Meimei last week hints that the lifestyle she epitomized — lurid, lascivious and proudly swimming in money — is finally losing some luster.