Last word in luxury as China’s rich come out to play – Irish Times

    Tuesday, June 12, 2012 CLIFFORD COONAN ASIA BRIEFING: THE LUXURY China fair seemed to cover the whole gamut of expensive tastes in China, encompassing Steinway pianos, handmade Morgan sports cars, bespoke travel adventures in Rome, castles for sale . . . even special techniques for breast enlargement. China is the world’s third biggest market for personal luxury goods, worth at least 160 billion yuan (€20 billion). In the next three years it is expected to leapfrog Japan and the US to take pole position, when the luxury segment is set to expand to 180 billion yuan (€22.6 billion). Jim James, manager of Morgan in China, is showing the Plus 8 and the Aero Coupe (right) for the first time in the country since their launch at the Geneva Motor Show earlier this year. He has just sold two of the new Morgans and...