What are the favorite gifts of China’s rich, and where do they like to vacation?

Australia has become the international luxury destination of choice for wealthy Chinese tourists, according to a recent report.

A Chinese businessman paid $38,000 for a rare golden snapper Thursday in the Bangladeshi port city of Chittagong, a leading fish trader said.

Thousands of rich Shanghai residents have turned China’s most cosmopolitan city into the luxury capital of a country that is expected to become the world’s largest market for the sector between 2012 and 2015. Shanghai topped China’s luxury market in 2010-11 with 18% of overall sales, ahead of Beijing’s 16% and the eastern city of […]

They’ve become one of the world’s most influential social groups and now a little more light has been shed on the makeup of China’s rising band of rich. The HSBC corporation and international research company Nielsen have just released their findings into a survey that attempts to dissect the makeup of the richest 10 percent […]

A series of auctions of high-end goods from fine wine to Imperial Chinese ceramics goes into full swing this weekend in Hong Kong, as the city challenges the dominance of New York and London. The multi-million-dollar auctions are looking to cash in on the vast wealth of China’s growing number of millionaires keen to show […]