First rich Chinese send their children. Then they invest in real estate. And then other investments and jobs for the locals follow. China Rich List founder Rupert Hoogewerf was the first to discover that trend, and his latest Hurun report shows the UK has been in 2015 a key winner of job creation, led by Huawei, he tells Xinhua.Read More →

The China-led Asia Infrastructure Investment Bank (AIIB) caused much controversy, even before it took off. Such a bank can improve the governance of projects, writes financial analyst Sara Hsu in the Diplomat, although there is no guarantee that will happen.Read More →

Both the US and the UK retain their top positions as a destination for study, reveals the Hurun Chinese Luxury Consumer Survey. They are followed by Australia and Canada. Surprising newcomer is New Zealand at not five, Hurun founder Rupert Hoogewerf tells in the PieNews.Read More →

China has retained a second place on the 2015 Global Rich List, despite the growing number of billionaires. India got bronze, passing the UK and Russia. Hurun founder Rupert Hoogewerf: “Tech has been leading the way again for new billionaires. It’s all eyes on the new economy,” according to the Independent.Read More →

When UK premier David Cameron had a cup of tea with the Dalai Lama earlier this year, the China trade was hit badly. As one UK trade missions are tumbling over each other this month in China, human rights are no longer a popular subject, notes business analyst Ben Cavender in CNBC.Read More →

Paris and Europe in general are losing track as hot spots for buying luxury goods, as the crisis hits China’s middle class, and consumers move from luxury goods to lifestyle, tells business analyst Shaun Rein in WSJ. “Why buying expensive goods, if you cannot have clean water and air?”Read More →