The number of rich and super rich is growing fast in Shanghai, tells Hurun founder Rupert Hoogewerf in The China Daily. But unlike their global colleagues, Shanghai rich tend to be business owners, and to a lesser degree real estate developer.Read More →
Author Shaun Rein of “The End of Cheap China: Economic and Cultural Trends that will Disrupt the World” hits the famous Dylan Ratigan show on his book tour in the US and explains how pollution and food safety haunt Chinese citizens more than a regime change. US consumers will have to pay higher prices.Read More →
The death penalty, especially for economic crimes, is a hotly debated issue in China, especially now billionaire Wu Ying is waiting in death row for illegal raising capital. Author Zhang Lijia joins in The Guardian the rising choir of opponents.Read More →
Author Shaun Rein of The End of Cheap China: Economic and Cultural Trends that will Disrupt the World advised recently Mizuho Securities on key issues when investing in China. In Forbes three issues are summerized.Read More →
The super-wealthy in China get ever more spending power, but very few know what they are actually looking for. Hurun and the Imdustrial Bank asked them and Hurun founder Rupert Hoogewerf shares in the China Daily the results.Read More →
Most seven out of ten self-made female billionaires are Chinese, says the Hurun rich list, and author Zhang Lijia explains in The Guardian why despite that achievement women entrepreneurs still have a long march to go.Read More →
The famous Hurun’ Rich List released its Global edition of 83 individuals with 10 billions US dollar or more in assets, Hurun’s founder Rupert Hoogewerf told news agency Xinhua. Five of them are Chinese.Read More →
The 70 richest members of the National People’s Congress, China’s legislative body, collected more wealth than their US brethren, discovered Rupert Hoogewerf, founder and managing director of Hurun, a Shanghai research body focusing on China’s rich, according to Bloomberg.Read More →
Chinese growing number of millionaires are a different breed compared to those in other parts of the world, tells Rupert Hoogewerf or Hurun, composer of the China Rich List to ABC from Australia.Read More →
Chinese new year is nearing fast, a traditional gift-giving season. Most of those luxury gifts from China’s rich are foreign, European to be precise, says a study done by Hurun, the research company founded by Rupert Hoogewerf, reports the China Daily. Only Chinese liquor moutai makes it into the top-10.Read More →
The purchase of world’s largest yacht-maker Ferretti Group to a Chinese bulldozer maker Shandong Heavy might be taken a another sign of China’s drive to go global, China’s rich still have to discover the excitement of of yachting, tells Hurun founder Rupert Hoogewerf in Bloomberg. China is not a natural home market.Read More →
Luxury good producers like Louis Vuitton and Porsche do not have to panic after Robert Frank’s WSJ article suggesting China’s wealthy stop spending. Frank looked at the lower middle class, argues business analyst Shaun Rein in CNBC. According to his research, the real wealthy Chinese spend more than ever.Read More →