china-high-speed-train

China unveils ‘world’s fastest train link’

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.

GUCCI-CHINA/

Luxury Brands Still Strong in China

A survey just released in China has lifted the lid on the nation’s obsession with luxury brands and identified just where consumers are spending their money. The 2009 21st Century Deluxe Report (www.21deluxereport.com — in Chinese only) says that China’s love affair with luxury shows no signs of abating. According to one Professor Lu Xiao [...]

golf-hainan

Sun shines on golf’s growth in China’s Hainan

China’s southern Hainan island is playing up its tropical climate in a major plan to position itself as a “golf island”, the capital of the sport in China. Golf courses have sprouted like mushrooms across the country as the sport catches on, but no place has hitched its wagon to the sport’s boom quite like [...]

billboard-lamborghini

What crisis? China’s billionaires live it up

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 [...]

baby-collection-shanghai-tang

Little Lantern Baby Collection by Shanghai Tang

China’s first and leading luxury lifestyle brand, Shanghai Tang, launched a new arrival to their family – the Little Lantern Baby collection. The Little Lantern collection is inspired by the Lantern Festival that takes place in China each year when children go out at night to temples carrying paper lanterns. The festival marks the end [...]

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Chinese Company Buys Hummer from GM

General Motors has reached an agreement to sell its Hummer brand to Sichuan Tengzhong Heavy Industrial Machinery, the company announced Friday. The price was not disclosed, but industry analysts had estimated that the Hummer division would sell for $150 million. The deal would make Tengzhong the first Chinese company to sell vehicles in North America, [...]

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