Singapore’s Rich Chinese Cut Back on Ferraris and $75,000 Whisky
In Singapore’s boomtime, whisky dealer Manjit Gill used to sell at least a bottle every day to his wealthy Chinese customers, who occasionally splurged as much as S$100,000 ($75,000) in one go on single malt. These days, three sales a week to them counts as a good run. Gone too are the most outlandish purchases. “They’re not […]