Although every neighborhood has its own shopping - including hometown newspapers, groceries and delicacies - if you want to buy in bulk, head east (in your car) to Chinatown, located in downtown Los Angeles, which offers the best knickknacks, bags, jewelry and crafts at discount prices.

BBC: Ethnic Los Angeles

U.S.-listed shares of Paris-based LVMH Moet Hennessy Louis Vuitton, a veritable luxury conglomerate in fine bags, booze and jewelry, have also shot to new highs on the Pink Sheets as LVMUY.

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She buys leather bags, woven shawls and jewelry, and sells them to vendors who then sell the goods retail.

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