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China’s affluent harbor pandemic-era pessimism about economy

A study of affluent Chinese released this month by consulting firm Oliver Wyman found that 22% of respondents were negative about the economy when surveyed in May. It just exceeds the 21% seen in October 2022, just before Beijing announced plans to ease its stringent zero-Covid policy. Dukai Photographer | Moment | Getty Images BEIJING … Read more

Affluent Travelers Are Ditching Business Class for Business Jets

That’s changing. With the majority of companies implementing hybrid or full-time office mandates, business travel has resumed and, with that, business jets are back in business. So far this year, worldwide private jet activity has been up year-over-year for 20 out of the past 24 weeks, per WINGX data. According to Qi, VistaJet has received … Read more

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