Rapid Growth of Luxury Cars in China

Luxury car sales in China soared 66 percent in the first quarter from a year earlier, well ahead of 14 percent growth in the United States and a 6 percent fall in Germany.
According to China’s Hurun Report there are an amazing 8,800 billionaires and 143,000 millionaires in Beijing in March, 2010. Most of wealthy own between a minimum of two to five luxury cars.