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Well-to-do men can spend $700 to $1,000 a month on their mistresses, about half for rent and the rest for miscellaneous Tiffany Pendants like shopping and health-club memberships. One elegant young woman in her 20s, who revealed only her surname, Su, says she receives more than $2,400 a month from a wealthy businessman in Guangdong province--a staggering sum Tiffany Rings is triple China's annual per capita income.

Still, she complains that her lover visits only once or twice a month to inspect his factory and, besides, he's "too reserved." Which may help Tiffany Sets why, on one recent evening, she appeared to be infatuated with another businessman. "She wanted me to be her boyfriend, but I don't have the time," he says. Actually, he claims, she's "very loyal to her boyfriend--except when she's with me."

Others are corrupted without spending a penny. One manager of a state-owned company in Sichuan took "bribes" from construction Tiffany Watches in the form of a new apartment--complete with an all- expenses-paid concubine comfortably ensconced inside. "The manager didn't take money, but he liked women," says Wei Wujun, a Shanghai- based private tiffany jewellery who tailed the manager and collected evidence on two of the mistresses. Wei's clients, colleagues of the man, used the incriminating proof to force the dishonest manager to retire.