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Everest a Spiritual Trophy for Wealthy Chinese

Wednesday was the 60th anniversary of Edmund Hillary and Tenzing Norgay’s historic climb to the top of Qomolangma, or Mount Everest, whose summit is neatly bisected by the border between China and Nepal. China Daily marked...

Scenes from China’s Consumerist Revolution

A precarious economic outlook and efforts to stem officials’ conspicuous consumption have prompted fears for the health of China’s luxury market. Sales of prestigious Moutai liquor have indeed drooped, but Hermes and...

Aviation Giants Target Chinese Growth

Aviation companies have flocked to Shanghai this week for the Asian Business Aviation Conference & Exhibition as they look toward Chinese businesses and wealthy individuals to offset slumping demand for private jets in the...

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