China’s economy is not under threat of a bursting property bubble, says Shaun Rein in CNBC. Property is being sold to people who can afford those assets, and can even stand a severe drop in value, unlike home owners in the US.Read More →

Rupert Hoogewerf The number of Chinese millionaires has increased in one year time by almost 10 percent, to 960,000. The number of super rich, those have over US§15 million in assets, went up 9 percent to 60,000, according to the latest Hurun Report, produced by Rupert Hoogewerf. From eFinancialNews: WhereRead More →

Rupert Hoogewerf Despite government measures to curb housing speculation, property kept on creating wealth for China’s millionaires, says Rupert Hoogewerf or Hurun in the Shanghai Daily, as he publishes his latest report on the country’s rich. One in 1,400 Chinese owns over 10 million RMB (1.5 million US dollars) in assets.Read More →

Shaun Rein by Fantake via Flickr Shaun Rein addresses at CNBC China’s largest nightmare, inflation, as real estate prices and wages go up. But he remains optimistic about the country’s consumers, who keep on buying for the coming six months. Shaun Rein is a speaker at the China Speakers Bureau.Read More →

Image by Getty Images via @daylife The Swedish furniture retailer IKEA has become a public attraction comparable to Disneyland in the small number of stores they have in China, writes Shaun Rein on the CNBC website. When you are too popular as a foreign brand, it is not only goodRead 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 →