How does the Chinese luxury brand owner look like, wondered Rupert Hoogewerf and his Hurun Rich List firm provided a thorough analysis of this successful market, They looked at the Audi, BMW, Mercedes Benz, Lexus, Volvo, Land Rover, Cadillac and Infiniti. A report from the Malaysia Chronicle.Read More →

China’s most famous liquor Moutai is the Ferrari among alcoholic drinks. But when austerity is high on the political agenda, that might actually create a lot of trouble, explains business analyst Shaun Rein to Reuters. Although they might be able to circumvent those measures.Read More →

The Ferrari crash in Singapore by a rich Chinese, killing three including himself, triggers off another debate on China’s moral crisis. Author Zhang Lijia addresses at Channel Asia the issue of people getting rich too fast.Read More →

Luxury good producers like Louis Vuitton and Porsche do not have to panic after Robert Frank’s WSJ article suggesting China’s wealthy stop spending. Frank looked at the lower middle class, argues business analyst Shaun Rein in CNBC. According to his research, the real wealthy Chinese spend more than ever.Read More →