China's 10 Most Luxurious Purchases of 2016

By That's, December 27, 2016

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201612/thats-year-review-logo-mini.pngFor many in the West, 2016 will be remembered for Trump, Brexit, terrorism in Europe and an absurd number of pop culture deaths, from Bowie to Muhammad Ali. By comparison, China had an unusually quiet year. Nonetheless, there were still a few goings-on in the world's most populous country. 

In our 2016 Year in Review series, we recap the best (and worst) of China's year in the worlds of technology, social media, sport, fashion, food, arts and more.


A look back at some of China's most lavish purchases of 2016.

10. 20 iPhone 7s used to buy a house

Woman Gets 20 Boyfriends to Buy 20 iPhone 7s, Then Sells Them to Buy a House
Buying a house can be easier than ever before, because apparently all you need is 20 phones and 20 boyfriends. That's supposedly how one woman did it, anyway, in a story that made waves on Chinese social media in November. It's unclear if the story is actually true.

9. RMB100,000 worth of online games

Kid Blows 100,000 RMB of Mom's Savings on Online Games
Over the summer, an 11-year-old used his mom's debit card information to blow more than RMB100,000 on the Chinese social media platform QQ, much of it spent on games. The mother didn't have a clue about what was happening right under her nose until she was notified that there wasn't enough money in her bank account. She later told local media: “I went to ICBC to check my account and then got scared to death. I was missing about RMB100,000.”

8. RMB772,000 Truffle

Da Dong Owner Shells Out $112,000 For Giant White Truffle
We all know that truffles are an expensive commodity. But white truffles are something really special. They are so special that Dong Zhenxiang, the founder and owner of Da Dong Roast Duck, was willing to pay a whopping RMB772,000 (USD112,000) for a giant white truffle at an Italian auction in October.

7. The UK pub where Xi Jinping and David Cameron shared a pint

Chinese Firm Buys UK Pub Where Xi, Cameron Shared a Pint
A Chinese firm bought a Buckinghamshire pub visited by President Xi Jinping last year. The pub, called the Plough at Cadsden, became a symbol of the ‘Golden Age’ between China and Great Britain of 2015, when Xi met there with then-Prime Minister David Cameron. 

6. The RMB20.7 million Song Dynasty Letter

936-Year-Old Song Dynasty Letter Sold for USD31 Million
A Chinese letter dating back nearly 1,000 years was purchased for RMB207 million (USD31.7 million) at an auction in Beijing back in May. The relic was bought by billionaire Wang Zhongjun, chairman of Huayi Brothers Media. 

5. The RMB303 Million classic Chinese painting

Record-Setting Painting Sells for RMB303 Mil at Beijing Auction
A classical Chinese painting entitled Five Drunken Kings Return on Horses recently sold for RMB303 million at an auction, making it the highest amount paid for a single Chinese work of art this year. The artist’s name was Ren Renfa, who was a high-ranking official during the Yuan Dynasty (1271-1368).

4. RMB1 million plastic surgery to look like Jack Ma

Chinese Man Spends 1 Million RMB to Look Like Jack Ma
A young Chinese man reportedly spent RMB1 million in plastic surgery recently to look like Jack Ma. Huang Jian visited South Korea to get the procedure done. The post-90s aspiring entrepreneur allegedly decided to do it following the overnight fame of Fan Xiaoqin, the 8-year-old "Mini Jack Ma" who made international headlines for his resemblance to China's richest man. 

3. Plastic surgery to look like Fan Bingbing

Fake Fan Bingbing on Reality Show Raises Eyebrows
22-year-old "Super Girl 2016" contestant He Chengxi has undergone a string of cosmetic surgeries over the course of eight years to be a doppleganger of superstar celebrity Fan Bingbing, who is widely accepted as the classic Chinese beauty. It's unknown how much He has spent on the procedures, which are likely very costly.

2. Fan Bingbing's lavish new home

Photos of Fan Bingbing's New Luxury Home Leaked
Speaking of Fan Bingbing, the celebrity recently put a payment down a super luxurious home. Photos of the estate leaked online for everyone to judge and admire/envy/hate. Sigh. #housegoals.

1. Ultra luxurious plane

World's Most Luxurious Plane Sold to Mystery Chinese Buyer
We've all heard about private jets, but the latest creation by Kestrel Aviation Management is outrageously kitted out with everything you'll probably ever need. The jumbo jet serves as a high-flying hotel, kitted out with exquisite bathrooms, bedrooms and dining suites. Costing roughly US$325 million (RMB2.1 billion) with a US$100 million (RMB667 million) maintenance fee, the jet was recently bought by an anonymous Chinese person and delivered sometime in August.

Honorable Mention

AC Milan (sale not completed yet)

AC Milan's Chinese Buyers Used False Bank Letters, Lender Says
Football club AC Milan, owned by former Italian Prime Minister Silvio Berlusconi, was in talks to be sold to a group of little-known Chinese investors this year. But the purchase hit a snag when reports emerged that the investors allegedly used false bank letters during initial deal negotiations. The sale has been pushed back to March 2017, the South China Morning Post reports.


For more 2016 Year in Review coverage, click here.

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