China
This Ultra-Rare Patek Philippe Belonged to China’s Final Emperor. It Just Sold for $6.2 Million.
The gorgeous timepiece is one of just eight known to exist.

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The World’s Ultra-Wealthy Population Shrunk Last Year, but Billionaires Are Still Cleaning Up
The number of people making $30 million-plus decreased by 4 percent in 2022, but that trend could reverse drastically in the future, a Knight Frank report says.
China’s Luxury Industry Is Surging After the Easing of Covid Lockdowns
High-end retail is outpacing the rest of the economy.
Austin’s Number of Millionaires Has Doubled in the Last Decade, a New Report Finds
The city known as “Silicon Hills” is now the fastest-growing wealthy city in America.
China Has Reopened, but Visitors Have Been Slow to Return
High fares and infrequent flights are just a couple of reasons tourists haven’t yet returned in droves.
How China’s Luxury Shoe Industry Made It to Savile Row
After a few years of trial and error, a number of the nation’s hand-made brands are starting to gain a global following.
A Porsche Dealership in China Mistakenly Put the $148,000 Panamera on Sale for $18,000
Hundreds of collectors put down reservations for the modestly priced sedan.
Chinese Shoppers Saved $827 Billion During Lockdowns. Now They’re Ready to Spend It.
Chinese consumers are free to spend again as pandemic restrictions ease, and the luxury industry is waiting for them.
Chinese Shoppers Haven’t Returned to Europe for Luxury Goods, Even as Covid Restrictions Relax
Prior to the pandemic, Chinese shoppers made 70 percent of their luxury purchases abroad.