We got the local report today. The automatic switch malfunctioned therefore they were manually controlling the switches via radio.

I wish they just shut it down, fix the problem and restart. Scheduling for normal operations while there are obvious problems is really stupid. The ride is smooth on long stretches but when you are nearing a train station it stops like somebody suddenly slams the brakes. Just like a newbie car driver who has no idea how to use the brake pedal.

The average age of Ferrari owners in China is 32.
The average time they have had a driver's license is 2 years.

Lhasa-Qinghai line is not D/G, and it is a great train ride!

Where did you get this info? Funny, one of my co-workers sister works at at Ferrari dealership in Beijing, she says average age of buyer these days is low 20s...

Well, based on my limited data set of the Ferraris and Lhamborginis in my neighborhood (around 10), most of the drivers are quite young, but I have a feeling that "daddy" footed the bill in more than one case, which would help bump up the average. Watching those kids attempt to parallel park their cars never fails to generate a chuckle (gears grinding, jerky movements, and they typically give up around 1.5 meters away from the curb... a parking ticket typically follows shortly thereafter). I wonder what a Ferrari transmission costs to replace in Beijing.

Average age of buyers now might be early twenties, average age of owners
is 32. Stats from Ferrari press releases.

Was at Super Car Sunday, SF Valley last weekend, and its was a Ferrari/Lambo event. Noticed a lot of the Ferrari owners were young
Asians. So its not particular to China...the Chinese money is moving
westward.

I don't doubt the 20 year olds spending half a million USD on a Ferrari
in China are getting the money from rich parents.

Yes, but who is the official registered owner of the Ferrari daddy paid for - the daddy or the daughter?

Also, are Ferraris commonly paid for sugar daddies rather than birth daddies? What do er nais want for their services?

Boys, mostly, because I suppose there are not so many rich homosexuals in China. But how about girls?

What do 6 supercars cost to repair in Shanghai?
In Monaco:
http://www.whatsonsanya.com/news-173...du-casino.html

A Chinese would not be that stupid, for the obvious reason that she may be a female but she would not be blonde.

Back to the rail issues... Monaco´s Place du Casino is full of supercars, but how about parking lots of Hongqiao railport? Driving all the way to Beijing or Fuzhou is a bit tiring even in Ferrari, so the Ferrari owners may prefer CRH, or plane if it is safer....

[QUOTE=chornedsnorkack;16858752]
Also, are Ferraris commonly paid for sugar daddies rather than birth daddies? What do er nais want for their services?
QUOTE]


A third of China’s millionaires are women

China has 11 of the world’s 20 richest self-made women

Mistresses don't drive Ferraris.

Just couldn't resist this fun story from last week....speaking of blondes. :D

ETA: oops, just saw link chorned posted above for same thing.

I met two of them last week... both were "off the market".

Doesn't appear they got rich by their looks.

http://www.chinadaily.com.cn/busines...t_11752664.htm

From my limited experience in Chinese society, I'd think supercar buyers there tend to be of modest, rural backgrounds. There is no more obvious way to show off the new wealth and gain face back in the home village than drive your Ferrari righ up to the parents porch.

People born and bred in Shanghai hide their wealth, as do many older rich Chinese. And not just from their peers but also the tax office. ;)

Agree fully that the 20 yo's are spending parents' $$.

I can pretty confidently state that super-wealth achieved through mainland real estate was obtained with unimaginable amounts of dirty dealing and corruption. There's no "clean" honest real estate mogul in the PRC, male or female. Zippo, nada. Ugly business. I can't speak for other industries.

That they are.

http://www.thetycho.com/wp-content/u...rl-china-1.jpg

While I'd be a fool to disagree with you in the general sense, you must realize that land in secondary/tertiary cities was worth next to nothing ~5 years ago. I wanted to grab that stuff, but couldn't because none of the big banks were willing to take on the risk... at least, I have some profitable properties in Tibet :)