Travel China and Beyond

How do the Chinese Rich Celebrate Valentine’s Day and Other Holidays

Living in China you tend to experience all aspects of life including how the rich celebrate and spend….I have seen my share of both advertised and actual New Years banquets / dinners with price tags North of US$2000 per person…Precious abalone, sea cucumbers, puer tea…
Now things are getting even more exciting — even China Daily is reporting on big spenders - the China newly rich who are spending on items like

• a US$5200 Cartier wrist watch ;
• Debauve et Gallais chocolates (made in France, imported) are up to RMB3500 (~$710/box)
  

In general surveys point out to the average Chinese employee spending 1/6 of their annual income on the New Year festival.