By Bo Hershey
Photo by livinginchina4now // from the Shanghaiist Flicker Pool
- Chinese real estate company, Soho Beijing owned by Chinese billionaire couple Zhang Xin and Pan Shiyi recently bought a property in Hongkou district for $300 million. The strategic purchase of this property is part of the Soho Beijing’s plan to tap into the newly pocket books of well off Chinese customers who are flocking to Shanghai.
- At the Shanghai Auto Show, a limited edition Aston Martin went for 47 million RMB ($7.21 million)! That’s a lot of cash.
- Chinese transportation officials recently announced that Beijing-Shanghai high speed rail line will not have luxury seats available. The operating speed will also be lowered to better meet the needs of the common passenger. Those who want to take the high speed line will not be able to travel in VIP cabins. Operators are currently changing luxury seating in first class to the standard seat.
- A new documentary is out about the history of the Bund. The documentary explores the life of Ningbo tycoon, Ye Chengzhong. Twenty four years after Ye’s death, Ye Garden was opened to the public by his son, Ye Yiquan. After years of war and political in Shanghai, Ye Garden remains a landscape unto itself in the developing urban landscape of Shanghai.
- Fabric Market has been gaining a reputation as the center for affordable and high quality suits. Getting a suit specially made can be very expensive. So who are the best tailors in Shanghai? Can I get a suit made for RMB 650? If you like the way you dress and want to save some money Shanghai Fabric Market is the place to go.