Branding expert Tom Doctoroff explains how luxury shopping is expanding in China. Wealth is branded, unlike in the past. Most millionaires in China are self-made, and they are learning how to behave, he tells in GQ.Read More →
The number of dollar billionaires in China will be larger than those in the US in two years time, estimates China Rich List founder Rupert Hoogewerf in GQ. Why China is the growth market of the futureRead More →
Until last week both Jack Ma of Alibaba and Wang Jianlin were in the race to become the richest man in China in 2014. A poor IPO in Hong Kong spoiled his chances, explains China Rich List founder Rupert Hoogewerf, in the China Daily. But it is not the end of the game.Read More →
Tibetian Buddhism has become popular in the West, but also among rich Han Chinese. Journalist Ian Johnson discusses with author John Osburn the reasons behind this popularity in a two-piece interview for the New York Times.Read More →
For a short while Alibaba´s chairman Jack Ma looked like he was heading for the position of richest person in China in 2014. But at the end of the year, Wanda chairman Wang Lianlin is contesting that position, as he brings two firms to the Hong Kong stock exchange, tells China Rich List founder Rupert Hoogewerf to WSJ wealth editor Wei Gu.Read More →
The pro-democracy protests in Hong Kong might be fizzling out, but its richer residents have started to look for alternatives, writes WSJ wealth editor Wei Gu in the Wall Street Journal. High home prices, costs of living and pollution add to their worries.Read More →
Luxury car brands tell much about the ambitions of their owners, and how people think about them, disclosed the Hurun White Paper on luxury cars last week. In the Global Times an overview of the profiles of the owners of Audi, BMW, Mercedes- Benz, Lexus, Volvo, Land Rover, Cadillac and Infiniti, according to Hurun founder Rupert Hoogewerf.Read More →
The Chinese art collector Liu Yiqian bought a major 600-year-old imperial embroidered silk at Christie´s last Wednesday for US$45 million. He tells WSJ wealth editor Wei Gu how the exiting bidding took place. From the Wall Street Journal.Read More →
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 →
The story China´s rich send their kids abroad is not new, but their numbers are growing and the ages of the kids are dropping, found the latest Hurun report. And says Hurun founder Rupert Hoogerwerf, they go to more different countries, he tells at Yibada.comRead More →
China´s economy is diversifying fast, where some foreign companies win, others lose. WSJ´s weath editor Wei Gu talks with former China economist Ben Simpfendorfer. While growth is still high, some industries do better than others. “There is no longer a single China.”Read More →
Author Mario Cavolo of China: The Big Lie?: The Truth of Trillions in a Culture of Cash explains in the China Economic Review why China and the Chinese are less poor than many expect. China has a cash economy, he argues, where trillions are hidden from the eye.Read More →