Fleet growth: over 1,000 yachts registered in mainland China



11:15 PM Wed 22 Jun 2011 GMT
'China (Shanghai) International Boat Show 2010. Shanghai Yacht Club.' Guy Nowell &copy Click Here to view large photo
China's super rich have found one more area - yachting - in which to catch up with their Western counterparts. The mainland's nouveau riche increasingly spend their weekends cruising up and down various waterfronts. Emma An Reports. China has been keeping up with the West on almost every front it seems. And these days, the country's super rich have found one more area where they can do a little bit more catch-up work - yachting. The culture of yachting, a major pastime among affluent Americans and Europeans, is now taking hold in China as the mainland's nouveau riche increasingly spend ...


Click here for full story.


by Emma An, China Daily





Newsfeed supplied by

Live Weather
Nearby
Moruya Airport, NSW
13 kn NE
23°
Montague Island, NSW
18 kn NNE
21°
Windiest in Australia
Cape Leeuwin, WA
32 kn NW
19°
Most Windless in Australia
Latrobe Valley, VIC
Calm
27°
Hottest in Australia
Urandangi, QLD
7 kn WNW
38°
Coldest in Australia
Falls Creek, VIC
9 kn W
9°
Wettest in Australia
Bourke, NSW
12.8 mm