The UK has started to increase its efforts at attracting tourists, hoping that Chinese tourists in particular will be drawn to spend money and, hopefully, provide a boost to the economy. Whether the incentive is real estate or simply an easier visa application process, it is becoming more appealing and simpler for the Chinese traveler to get to the UK than before.Read More »
China’s Golden Week, is a much anticipated holiday week among retailers worldwide as they anticipate a significant increase in Chinese travelers and shoppers. The recent Golden Week took place from October 1-8, and the results provided for mixed reviews. While overseas travel seems to be as popular as ever, certain destinations are beginning to prove more desirable for the Chinese traveler than others. The articles below give an overview of the week from various perspectives.Read More »
Bloomberg TV recently aired a segment that featured Chinese actress and Affinity China member Betty Ni browsing real estate in Manhattan. Betty is part of a growing wave of Chinese investors buying real estate in New York. Christine Lu, CEO of Affinity China, states in an interview that the prices of homes in New York City are in fact less expensive than those in comparable major Chinese cities like Shanghai, and for real estate shoppers, it makes more financial sense to purchase in the U.S. The segment also suggests that Chinese real estate shoppers believe in a possible gain in property value with the future improvement of the American economy.Read More »
With the recent finding that China is now home to one million millionaires and tens of thousands of the super-rich, both new and established luxury brands are eager to engage with these consumers. The following are several articles detailing the recent spending trends among these wealthy Chinese and the types of products or experiences that characterize their habits as consumers.Read More »
Affinity China has partnered with CILPS - China’s leading international luxury property show to co-host this year’s VIP dinner for 200 invited Chinese guests on September 14, 2012 in Shanghai. We would like to extend an opportunity for brands in the China Luxury Network to sponsor the gift bags at this exclusive event.
The gift bags will be presented to 200 VIP clients who have purchased real estate valued at $5 million and above over the past year. The following are ideas for effective sponsor gifts for each category. We are seeking only one sponsor for each category:
- Hotel - A complimentary night’s stay, spa or dining certificate.
- Women’s Fashion - A small gift insertion or gift certificate.
- Men’s Fashion - A small gift insertion or gift certificate.
- Cosmetics - A full size gift of skincare or cosmetics.
- Perfume - A full size gift of fragrance.
- Luxury Car - A branded key chain and invitation for a test drive.
- Wine - A complimentary bottle of wine.
- Jewelry - A gift certificate.
Please email Affinity China at firstname.lastname@example.org if interested in this sponsorship opportunity.
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Buying overseas real estate is popular among affluent Chinese for a number of reasons. They may be buying property for a son or daughter studying overseas, as a tangible investment or the first step in a long term goal of emigrating to a new country. The following is a curated list of articles that provide insight into the growing trend of Chinese purchasing real estate for personal and investment reasons overseas.Read More »
Despite the rise of the Chinese economy over the past two decades, the combination of a weakening Chinese stock index (currently at a 14 month low) and forecasts predicting sluggish growth over the next few years (5% GDP by 2016, down from 9.5% last quarter) have left many Chinese investors looking for new places to park their cash.
Chinese investors have been increasingly purchasing real estate overseas as the combination of the global economic recession and the higher RMB value create historically attractive buying opportunities for wealthy Chinese.Read More »