Zeng Fanzhi, 50, is China´s best selling artist alive today with sales of US$84 million, according to the Hurun Art list 2014, published earlier this month together with Artron. The list offers an objective benchmark of Chinese artists, says its founder Rupert Hoogewerf in 4Hoteliers.com.
As stories about sky-high debts go around in China, and operational costs rise, WSJ wealth editor Wei Gu discusses with Oliver Rui, co-director of CEIBS Kaifeng Center for Family Heritage, the most important lesson from Asia’s richest man, Li Ka-shing: keep your debts low, especially when rising costs hurt your business.
Sport facilities have become the latest key asset to attract Chinese and their money into property and tourism. Business analyst Shaun Rein tells WSJ’s wealth editor Wei Gu that now Chinese can actually see since January how polluted their cities are, health and wellness are high on the agenda.