Chinese have spent last year 13 billion US dollar on luxury goods, but only 40 percent in China itself, says Shaun Rein in CNBC. Because of the high tariffs luxury goods, including cars, are 20-30 percent more expensive on the mainland. “They are shooting themselves in the foot.”Read More →

Hurun by Fantake via Flickr Chinese women and retailers might be doing well on the Hurun rich list, compiled by Rupert Hoogewerf, but real estates tycoon saw their wealth shrink by 25 percent, writes the People’s Daily and attributes this to successful government efforts to cool down the industry. TheRead More →

Retail galores via Wikipedia Real estate might be dominating much of the economic debate in China, retail seems increasingly a good way to become a billionaire as consumption grows, shows the latest Hurun Rich List, composed by Rupert Hoogewerf. Real estate is still the largest wealth creator, despite the change.Read More →

Oprah: beaten by Chinese women via Wikipedia Rich Chinese women are not only leading China’s rich list, but worldwide, says Rupert Hoogewerf or Hurun, composer of the Hurun China Rich List today in the Strait Times. MORE than half of the 20 richest self-made women in the world are Chinese,Read More →

Jim Rogers is the Chairman of Rogers Holdings and Beeland Interests, In and Co-founder of the Quantum Fund He travels from Singapore Two decades ago Jim Rogers moved to Singapore as he emerges as a major bull on Asia. Since then he stuck to his guns as a successful investor, made sureRead More →

Rupert Hoogewerf is founder and compiler of the Hurun China Rich List. The list is the flagship product of Hurun Report, a luxury publishing and events company founded by Hoogewerf in 1999, which produces 20 Chinese-language magazine issues a year aimed at China’s wealth creators. Hoogewerf’s close personal relationship with many of China’s leading entrepreneurs provides the basis for the company’s busy calendar of events. He travels from Shanghai.Read More →