A woman takes a selfie on a yacht.
Kamon Supasawat/Getty Images
- China's social media is cracking down on influencers trying to get famous by showing off wealth.
- Some of its biggest platforms said they've removed thousands of posts of luxury flaunting.
- All of the companies announced bans on the same day, indicating an industry-wide push for reform.
Wealth-flexing for clout is now officially bad behavior in China.
China's biggest social media platforms...