Source: news.nationalpost.com - Thursday, March 20, 2014
BEIJING — A Chinese dog breeder said Thursday that a property developer paid him 18-million yuan ($3.2-million) for Tibetan mastiff twins, highlighting how the breed has become a status symbol for China’s rich. The large, slobbery dog with massive amounts of hair used to be best known for herding sheep in Tibet, but has now become a luxury for the ultra-rich who want to spread their wealth beyond stocks and real estate. Breeder Zhang Gengyun said he sold the 1-year-old twin male dogs to a single buyer at a luxury dog fair Tuesday in wealthy Zhejiang province, located on China’s east coast. The sales were reported by the local Qianjiang Evening News. AFP Photo / STR / Getty Images An unidentified man with two Tibetan mastiffs after they were sold at a "luxury pet" fair in Hangzhou, in eastern China's Zhejiang province. One of the Tibetan mastiff puppies (L) was sold in China for almost $US2-million, a report said on March 19, in what could be the most expensive dog sale ever One of the twins — a golden-haired Tibetan mastiff — was sold for 12-million yuan, and his red-haired brother went for 6-million yuan. Zhang said the buyer, from eastern Shandong province, paid him the 18-million yuan with his credit card. Zhang denied the sale was a ploy by breeders to hype the price of Tibetan mastiffs and said he was reluctant to sell the twins. “It’s a real deal,” he said. The more expensive golden-haired dog was 80 centimetres tall and we
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