A Red Tibetan Mastiff puppy has become the world's most expensive dog after being sold for almost £1 million. He is a perfect specimen," said Mr Lu, who runs the Tibetan Mastiff Garden in Laoshan, near the eastern Chinese city of Qingdao. "He has excellent genes and will be a good breeding dog. When I started in this business, ten years ago, I never thought we would see such a price. Mr Lu said the details of the sale were confidential, but revealed that the buyer, who payed 10 million yuan (£945,000), was a multi-millionaire coal baron from the north of China.
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