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Wedding Boom in China pushes up House Prices and inflates economic growth

(Newser) – The biggest wedding boom in history is helping power China's economic growth and may push its housing market into dangerously overinflated territory. Children of China's baby boomers are coming of age in the tens of millions, and as coddled only-children who did not inherit their parents' thrift, are throwing lavish ceremonies, fueling a wedding industry bigger than the GDP of many smaller nations.

"The global financial crisis hit a lot of industries: exporters, banks, insurance. But not only was the wedding industry not affected, it has had even stronger growth over the past year," the head of an industry committee tells Reuters. All those newlyweds buying homes has helped push property prices up more than 80% over the last year and analysts warn that a crash is likely when the current demographic bulge of people in their thirties passes.

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Wedding Designer Donates Fabric

A fashion student from Wrexham will work with celebrated designer Zandra Rhodes after being named the UK's best Young Designer of the Year.

At 18, Yale college student Ceri Evans was the youngest designer in the competition, beating 19 other hopefuls to the accolade.

"I really didn't expect to win. I thought 'I'm at such a low position'," she said.

"My designs were different to everyone else's though, mine were all handmade.

"I even made my own shoes and my own parasol," she added.

The title of the competition was from Monarchy to Mogul, and fashion designers had to draw comparisons between British and Indian cultures.

 

"I was looking at the jewellery from their monarchy and ours," said Ceri.

"I saw a lot of butterflies in the Indian jewellery and I decided to incorporate it.

"I made a gold corset and I handmade 50 butterflies - they were a nightmare to make and took ages."

Ceri, who lives in Wrexham, said she had difficulty finding fabric for her ethnic designs.

"We don't have much access to Indian culture so I struggled to get fabric," she said.

 

After searching Manchester, the teenager managed to find fabric from a wedding design company in Wrexham who donated the material free of charge.

All 20 finalists had their entries shown on a catwalk in Wembley and Zandra Rhodes, with her bright pink hair and theatrical make-up, declared Ceri the overall winner.

She will now work with Ms Rhodes for two weeks in December before finishing her Fashion Diploma at Yale College, Wrexham and applying for university courses.

It has even been suggested that Ceri Evans could do for north Wales what famous designer Julien Macdonald has done for the south.

"That would be my dream," she said excitedly.

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Full Story courtesy of the BBC



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