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China’s rich: Armani or Vuitton?

Deng Xiaoping once proclaimed that to get rich is glorious, but it seems that in China these days to get rich fast is even better.

The country now boasts 1,900 renminbi billionaires – a third more than in 2009, and a stark jump from 24 in 2008 – and 875,000 renminbi millionaires. And so, with increasing numbers of Chinese making more money than they can spend, it’s useful to know: what do they want.

Shanghai-based Hurun report has published the findings of a survey of 401 Chinese dollar millionaires.

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