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 producing the delicacy for high-end restaurants under the Rougie brand.
As the tastes and budgets of China’s growing middle class expand, so does the demand for upmarket Western fare served in chic venues, and Vallier is well-placed to profit from the fledgling gourmet revolution.
on 3rd February 2010 | No Comments »
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.
on 26th December 2009 | No Comments »
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 to Rolls-Royce, Bugatti, Lamborghini, Gucci, Cartier, the exclusive Hong Kong Jockey Club and several five-star hotels.
on 6th November 2009 | No Comments »
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 of the Song Dynasty.
A single Chinese stamp has sold for $332,000 at Zurich Asia’s “Stamps and Postal History” 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 Chinese Red Revenue stamp.