French Luxury Shoemaker Christian Louboutin plans to open two stores in China next year, propelled by the rising incomes of Chinese shoppers. The first-ever Beijing standalone store is slated to open in July 2011, followed by a Shanghai boutique in December 2011. Louboutin said in a recent interview with Bloomberg that he may operate as … Continued
Hilton Hotels has opened the first five-star airport hotel in China, at Beijing International Airport. The luxury hotel, which is close to the airport’s newest terminal three building, will cater to the rapidly increasing number of wealthy travelers in China. It contains 322 rooms and seven restaurants and bars, along with two full-size ballrooms and … Continued
Beijing International Airport has overtaken London Heathrow as the world’s second busiest, in a sign of China’s growing dominance of international travel. In terms of seat capacity, Beijing International is now second only to Atlanta Hartsfield in the US, according to a July 6 report by aviation analyst OAG. Beijing’s business has been boosted by … Continued
With pet ownership on the rise in an increasingly affluent China, savvy entrepreneurs are opening animal spas offering dogs a full makeover — even transformation into a panda. Sun Ruowen opened her pet salon in central Beijing in May. Already, dozens of customers wanting to pamper their pets — mainly dogs — have bought pre-paid … Continued
BMW, Ford and Volkswagen have joined General Motors, Mercedes-Benz and other leading Western brands in unveiling concept vehicles for the Chinese market at the Auto China 2010 motor show in Beijing. Following in the footsteps of German competitor Mercedes-Benz, BMW showed its own four-door coupe, the BMW Concept Gran CoupÃ©. The concept, intended to combine … Continued
Super-sports-car maker Lamborghini surprised audiences at the 2010 Beijing Auto Show with a highly exclusive edition of the MurciÃ©lago LP670-4 SuperVeloce. The LP670-4 China Edition is no different than normal models in term of technicalities, but it comes with a bespoke black and orange stripe and can be had with a special grey color. The … Continued
The Hurun Research Institute published the 2010 Hurun Wealth Report today for the second consecutive year. The report analyses the number and distribution of China’s wealthy across the nation’s major cities and provinces. The report shows that there are 875,000 people with more than RMB 10million (EUR 1.1M / USD 1.47M) in China today, an … Continued
China’s ever-growing taste for luxury goods is extending into the culinary world — and that’s good news for Jean-Marie Vallier, who runs a duck farm and foie gras factory outside Beijing. Two years ago, French group Euralis — the world leader in foie gras production — invested 2.7 million dollars in the facilities, aimed at … Continued
China has unveiled the world’s largest chocolate wonderland in Beijing. Among the 500 life-size figures exhibited in the fair there are chocolate shoes, clothes and also a life-sized BMW 1-series car. According to a report in the official China Daily newspaper, 10 craftsmen needed four tonnes of chocolate and six months to make the car.
China on Saturday unveiled what it billed as the fastest rail link in the world — a train connecting the modern cities of Guangzhou and Wuhan at an average speed of 350 kilometres (217 miles) an hour.
While the rest of the world struggles to bounce back from the global financial crisis, China’s billionaires are living large, snapping up luxury products at a breathtaking pace. Beijing’s Jinbao Street is the must-visit address for billionaires with yuan to burn. Once a maze of alleys, the 800-metre (yard) stretch of road is now home … Continued
A one-off Ferrari on which we reported last month has been auctioned off for $1.77 million, including taxes. The Ferrari 599 China was snapped up by an anonymous, silent auction participant based in Shanghai. The one-off Fiorano was hand painted by Chinese artist Lu Hao with a pattern reminiscent of the sought-after Ge Liln porcelain … Continued
A single Chinese stamp has sold for $332,000 at Zurich Asiaâ€™s â€œStamps and Postal Historyâ€ autumn auction in Hong Kong Friday. The 1897 Qing dynasty stamp was bought by a Beijing collector and set a new world record for a single Chinese stamp. It is an extremely rare 1897 small one-dollar overprint on a three-cent … Continued
Cartier is organizing an exhibition event from September 5 to November 22 at the Palace Museum in Beijing, in a sacred place: the Forbidden City. The exhibition includes more than 350 items, including archives dating from the founding of Cartier to its creations from the 1970s. Partly dedicated to royal jewels, the exhibition will be … Continued
A new report has revealed that Beijing has the maximum number of rich people in China. The latest Hurun Report on China’s wealthiest people said that there are 143,000 (yuan-)multimillionaires and 8,800 billionaires in Beijing. In Shanghai, there are 116,000 multimillionaires and 7,000 billionaires, reports the China Daily.
From famous chateaux ranging from Lafite to Margaux and Mouton, wine lovers had a chance to bid for top French wine in Beijing on Friday at the first wine auction yet on the Chinese mainland. Around 1,000 bottles of fine wine from France’s renowned Bordeaux area were on auction with a starting price of several … Continued
The Mandarin Royal Hotel, a 44-storey luxury hotel in the center of Beijing burned completely yesterday in a massive fire during the final celebrations for the Chinese New Year. The luxury hotel has been under construction for 7 years and was due to open later this year. There are some suggestions that a firework may … Continued
Tourbillon a Swiss-German Magazine announced in its Fall 2008 Issue No15 the winners of the best designed Olympic inpsired timepiece and the Gold was awarded to the House of VOILA for its “BEIJING DREAM” Collection. Pekings new national stadium, fondly referred to as the Birds Nest, was conceived by Swiss Architects Herzog and De Meuron … Continued
A tower of jagged and jutting glass-faced apartments, â€œstackedâ€ nearly 800 feet high, will rise like a giant game of Jenga over Tribeca. The Alexico Group, developers of the $650 million project at 56 Leonard Street, at the corner of Church Street, released renderings of the long-anticipated designs. It is the first residential tower by … Continued
The Olympics opening ceremonies in Beijing was probably the most amazing opening of a ceremony, or opening of anything, that we have ever seen! Some 15,000 performers and 30,000 fireworks launched most expensive Games on record! The Beijing Olympic games is set to be the most expensive ever held, with total costs around 295 billion … Continued