Qilinmania

The Qilinmania was a period where demand of Qilinian goods exploded in Equestria.

Precedents
After the Equestrian conquest of Iskayntinsuyu, the Equestrian economy grew with the intense demand for labor in the administration of the new territories and the construction of new infrastructure, which in turn took away from the labor pool of other occupations.

In addition, the growing flow of precious metal into Equestria reduced the value of the already devalued and debased bit. Because of this and the increase in prices that followed together with the access to large amounts of pure gold and silver, foreign goods became cheaper in comparison to Equestrian ones.

In this context, typically wealthy Equestrian citizens who had access to the Qilinian markets such as ambassadors or merchants started buying cheaper but highly ellaborate luxury crafts from Qilinia.

Soon, Qilinian crafts such as fine porcelain, lacquerware and jade jewelry became a symbol of status among the growing Equestrian bourgeoisie and the demand for them exploded, although trade restrictions limited the capabilities of merchants to import them.

The Equestrian nobility supported the trade restrictions and promoted the more expensive Equestrian crafts instead, which was harder to afford for the bourgeois. Opposition to the trade restrictions grew among the thriving bourgeoisie, and capitalist thought slowly became a thing in contrast with the mercantilist thought held by the nobility.

As the merchant class threatened to stop the movement of goods from the colonies if their demands weren't met, the Equestrian government agreed to relax trade restrictions. This is what finally allowed Qilinian goods to start entering the Equestrian markets in large amounts and caused the Qilinmania to fully settle in.

End of the mania
The mania toned down as Qilinian goods became commonplace enough, but their inflow remained high.

When Iskayntinsuyu declared independence, however, the supply of precious metal into Equestria became once again a concern and Equestria reverted to strict limitations on trade. It is considered that this event ended the Qilinmania definitively and it was one of the events that lead up to the Equestrian-Qilinian war.