It's the political season in China, with the dual National People's Congress (NPC) and Chinese People's Political Consultative Conference (CPPCC) swinging into annual two-week sessions. The period is normally a huge gift-giving event and a tremendous boon to the luxury goods industry. Businesspeople hoping to curry favor with officials shower them with preposterous presents, from overpriced cigarettes to "Gucci handbags, Hermès scarves, Montblanc pens and $30,000 diamond-studded Swiss watches" so ostentatious they would make Kim Kardashian blush, as New York Times reported a few years back.
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