The number of golf courses in China reached 500 in 2010 and is expected to double by 2020, according to a China Golf Industry Report from 2011.
One of China’s rarest stamps sold for HK$6.9 million ($890,000) at auction in Hong Kong, the auctioneers said Wednesday.
Swiss watch brand Blancpain has opened its largest boutique in the world in Shanghai. Located in Xintiandi, the 600-square-meter store is the brand’s third in Shanghai and eighth in China.
China may start levying taxes on an increasing number of luxury goods as part of the country’s efforts to push forward economic reform.
The popular Chinese holiday destination of Sanya, on the island of Hainan in the South China Sea, is set to boast the world’s largest duty free complex.
Maserati owner in China has hired a gang of sledgehammer-wielding men to help destroy his Maserati Quattroporte, in protest over poor service from his dealer.
General Motors will build a $1.3 billion Cadillac plant in Shanghai, as it seeks more luxury sales in the world’s biggest car market.
YSL cosmetics owner L’Oréal Luxe is pushing ahead with expansions plan to meet the booming demand for luxury skin care in China.
Rolls-Royce opened its largest dealership in the world this week, spanning 12,916 square feet, located in Shenyang, China.
Mercedes has confirmed that it will be taking the wraps off its latest premium SUV concept, the GLA, at Auto Shanghai.
Christie’s has become the first international fine art auction house to receive a licence to operate independently in mainland China.
French luxury brand Christian Dior is set to re-stage its Spring 2013 haute couture show for buyers and press in Shanghai, China on March 30.
Vera Wang called off the fitting fee policy at her Shanghai store, less than two months after it was established at the newly opened store.
Bridal gown designer Vera Wang recently opened her first Chinese boutique, and brides are being charged to even try on the gowns.
A Chinese bowl that a New York family picked up for $3 at a garage sale turned out to be a 1,000-year-old treasure and has sold at auction for $2.2 million.
China’s Spring Airlines Co., the nation’s biggest privately-owned carrier, is planning to start selling cars onboard its aircraft.
China’s first luxury liner, the Henna, was inaugurated on January 26 at the Sanya Phoenix Island international port.
British luxury brand Burberry has released a new video wishing fans Happy New Year in Chinese alongside a line of special red products.
CTK’s special edition Year of the Dragon watch, with the case made of 24k yellow gold and the dragon and hands with gold plate, is limited to just 18 pieces with a price tag of US$8,100.
Italian menswear brand Corneliani has opened a prestigious new flagship store in Shanghai’s Citic Square.