HONG KONG — More than five years after her initial conviction, a new trial for a U.S. woman charged with killing her wealthy husband is scheduled to begin here Tuesday, placing another spotlight on the lifestyles of the affluent in this Chinese territory.
In recent years, Beijing has encouraged the affluent middle classes to invest in Chinese company stocks, in an effort to help stimulate the country's floundering stock exchange.
Affluent urban Chinese families in particular are turning away from depositing money in banks at the extremely low interest rates offered, choosing instead to lend money directly to struggling businesses at double-digit interest rates.
Affluent urban Chinese families in particular increasingly seem to be forgoing the extremely low interest rates offered for bank deposits and lending money directly to struggling businesses at double-digit interest rates.
Six in 10 affluent mainland Chinese (66%), Indians (64%) and Hong Kongers (62%) told surveyors they have a moderate appetite for risk.
Most of the buyers are affluent mainland Chinese tourists in town for some shopping who can't wait to get the iPhone.
As in Manhattan, affluent Chinese fight to gain entrance to top schools from kindergarten onward.
Consumption upgrade, a trend in which affluent Chinese customers are increasingly willing to pay for quality, has dominated China's e-commerce industry in the past few years.
While describing the estimates as an important step toward making international comparisons of economies, they point out that the bank looked mainly at affluent Chinese cities in coastal provinces with big export industries.
The big drivers of rising milk prices in recent years have been rising demand in emerging markets: in simplified terms, newly affluent Chinese consumers started eating yoghurt, while Gulf Arab states developed a taste for European dairy products.
