Exchange Logic

Ferraris given as dowry by Xing Libing in 2012

There are many reasons for exchange:

Exchange stabilizes marriages since usually goods must be returned on divorce.

Bridewealth compensates for loss of female labor.

Dowry (sometimes) stabilizes families where land is scarce.

Both bridewealth and dowry increase family control over marriage since these must usually come from family members.

Next: Problems and issues in marriage wealth exchange

picture: Three of the six Ferraris given as dowry by Lianshen Group chairman Xing Libin at his daughter's wedding in 2012. The wedding was reported to cost $11 million. By 2014, Libin's coal mining based financial empire had collapsed and he was in prison charged with corruption.