millionaires
Yes to quiet luxury, Paris and Hong Kong — China’s millionaires have spoken
Post-pandemic, China's affluent prefer Hong Kong and France for luxury shopping, valuing exclusive experiences and limited edition items. Read More
Middle East Moves Up Wealthy Chinese Travelers’ Wishlist, Agility Survey Finds
A jump in the number of big-spending Chinese consumers planning overseas trips is good news for luxury businesses. But are brands' resources deployed in the right places? Read More
Second-Tier Multimillionaire Growth Leaves Beijing, Shanghai In Dust
China's first-tier cities may still have the country's most multi-millionaires, but a new study says lower-tier centers like Chongqing are catching up fast. Read More
Good News For Global Luxury: Ranks of China’s Super-Rich Still Growing
Unsurprisingly, a new report finds that the number of millionaires in China rose dramatically in 2012, which bodes well for luxury companies looking to the future. Read More-
Price Still “Biggest Obstacle” For Luxury Consumers In Beijing
Luxury brands are expanding faster than ever in Beijing, but according to Wang Yao, deputy secretary-general of the China General Chamber of Commerce, China's stiff luxury tax is leading more… Read More
