Archive for the 'luxury' Category
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11.15.07
China, Socialism & Consumer Behavior: Part II
"As the number of millionaires continues to grow in China, the country attracks more and more events targeted for the rich and famous: the annual Top Marques luxury fair returned to the Shanghai International Convention Center in Pudong yesterday with nearly 300 rare exhibits including roadsters, yachts, works of art and antiques. The four-day event is expected to attract more than 30,000 visitors, mostly customers invited by the exhibitors and senior staff from wealthy companies in banking, energy resources and IT, according to Sheng Lei, the general manager of the event organizer, Borrison Expo..." read on
posted in automobile, china, consumer behavior, luxury, market, shanghai, socialism, wealth -
09.01.07
China, Socialism & Consumer Behavior
"With the opening to new markets and the growth of the Chinese economy, a new social class has emerged -- to some extend, unthinkable in a Communist China: the millionaires. According to a survey from Cap Gemini/Merrill Lynch, the number of millionaires (in US Dollars) in China have reached more than 230,000. The large majority of these new riches choose Shanghai to invest their money and also spend their money..." read on
posted in automobile, brazil, china, consumer behavior, culture, e-commerce, economics, luxury, market, shanghai, socialism, trends, wealth
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