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.
Hurun Report, renowned for its annual China Rich List of tycoons, has recently hosted Shanghai’s Best Presidential Suites Awards. The awards ceremony was held on 15 June, timed to coincide with the opening of the Asia Luxury Travel Market, the regionâ€™s leading showcase for the luxury travel industry. “Before now China’s luxury consumers have had [...]
Porsche said China may pass Germany as its second-biggest market within three years on rising wages and demand for new Panamera sports sedan. Porsche unveiled the car at the Shanghai auto show in April, the first time it debuted a new model outside of Europe or North America. “All premier manufacturers are showing good results” [...]
In June, the 209-room PuLi Resort and Spa will offer all the trappings of an urban resort, including 24-hour butler service, bathtubs with views of the Shanghai skyline, an Anantara Spa and an exclusive lounge for guests of The PuLi Club. Prices: from $650 (opening specials will be available until the end of September)
‘ Gucci opens it 28th store in China on the 6 June 2009, to mark the occasion Frida Giannini has created a limited edition “Shanghai Dragon Bag”. A version of the sort after Boston Bag in white with two red Dragons facing each other in a symmetrical fashion and the Gucci signature in the middle, [...]
The 2009 edition of the China International Luxury Property Show will be held on September 25-27, in Shanghai, supported by LP â€“ Luxury Properties magazine. For the fourth consecutive year, CILPS will present to Chinese elite and wealthiest investors a selection of exclusive properties for sale from all over the world. More than 4,000 high [...]