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Labubu/Lafufu: Chinese collectibles are the must-have toy of the year. So are the fakes

Labubu/Lafufu: Chinese collectibles are the must-have toy of the year. So are the fakes


Hong Kong and Beijing
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At a busy market in a small town of China’s Hebei province, Labubu is no longer the coveted collectible displayed in glass cases. Here, they’re treated like sweet potatoes or cabbages, dumped by the dozen into large plastic bags, or piled into car trunks waiting for sale.

These…

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