Trends in luxury consumption in China

Chinese luxury spend Set to accelerate Asian ultra high net worth (UHNW) individuals wealth is expected to grow by 7.9% annually for the next five years with China contributing to the bulk of this growth, according to the Wealth-X World Ultra Wealth Report 2012- 2013, a provider of detailed intelligence on ultra high net worth … Read more

Growing appetite of the China’s super-rich for luxury air travel

Chinese private jet dealer’s sales take off China’s private jet owners haven’t really been able to enjoy the thrill of flying, as every private flight requires a lengthy approval procedure under strict regulations. And it remains inconvenient for the super-rich to fuel, park or repair their new toys as the jet services sector is still … Read more