Last month Beijing held China's 17th Communist Party Congress. This month Shanghai is hosting the Top Marques Shanghai 2007 exhibition of "extravagant merchandise."

"The show gathers the world's most exotic luxury and supercars, private jets, yachts, watches and jewelleries, fine wine and cigar, and real estate," according to the exhibition's web site. The Marques exhibition originated in the millionaire's playground of Monte Carlo, and first came to Shanghai in 2005. This year's Shanghai event runs November 14th to 17th at the Shanghai International Convention Center.

"Price is no object," shopper Vivian Song told the China Daily as she browsed the exhibition and bought a diamond watch.

According to the China Daily article, in addition to Italian Yachts and sports cars, goods on display include a Swedish mattress worth 800,000 RMB (US$107,000).

From what we've heard from Smacker, there are sure to be some Shanxi province coal mine bosses in attendance, and I guess Warren Buffet's coffeemaker (see picture below) might very well end up in a penthouse in Datong.

Luke @ 16:05 | .(7969) |