Liang Wengen, a former weapon producers, tops China’s rich list thanks to his construction firm, boosted by the country’s building spree, said Rupert Hoogewerf, founder of the Hurun China Rich list to AP. Liang pushed drinks-maker Wahaha-owner Zong Qinghou to the second place.Read More →

The Wall Street Journal has more details of the earlier released Hurun report about how China’s rich spend their money while traveling. Tension with France have been forgotten, as Paris has become their most favorite destination. The Hurun report is produced by Rupert Hoogewerf.Read More →

The 88-year old French designer Pierre Cardin held a fashion show at the former Soviet aircraft carrier, docked in Tianjin, hoping to lure Chinese buyers for his firm. A smart move, Shaun Rein tells AFP.Read More →