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Super Rich Set To Make Chinese Yacht Market Boom

By National Confidential

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Published 15 May 2011 1:41 pm EST Updated 15 May 2011 1:41 pm EST

“Yacht makers are hoping they will be the latest to benefit from China’s booming economy, which is creating a growing class of wealthy tycoons splurging on luxury lifestyle pursuits. Rich Chinese are already known for spending lavish sums of money on flashy apartments, designer labels such as Louis Vuitton and high-end cars such as Porsches and Rolls-Royces.”

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