Meet Alexander Wang. This 27-year-old Taiwanese-American womenswear designer has already established himself as a cult favorite among Hollywood’s most stylish elite.

At age 24, he took home the coveted CFDA/Vogue Fashion Fund Award; and last February, he opened up his very first flagship store in NYC’s trendy SOHO district.

He revealed to StyleList.com that his Manhattan boutique was meant to “replicate what [his] apartment looks like,” and told Women's Wear Daily (WWD) that he “wanted something quite pristine and hard.”

Will he transfer that aesthetic to his Beijing flagship store as well? We're about to find out. Yep, that's right – according to WWD, by early 2012 Mr. Wang is scheduled to open his second-ever store in the world here in Beijing: a two-level space in Sanlitun Village North.

The move is a risky one, but then again, this Parsons School dropout isn't known for playing it safe. One might speculate on why he's choosing China instead of the West Coast (say, San Francisco where he grew up) for his next retail location. But if you take a look at his roots, you'll find his own parents relocated their successful plastics manufacturing company from the US to China two decades ago. Beijing Today claims the move was a result of their belief that "[China's] where the future of big business lay."

And his brands – Alexander Wang and his cheaper, more accessible line T by Alexander Wang – are entirely family-owned. We have no doubt his parents played a role in his decision to come to Beijing. (Thank you, Mr. and Mrs. Wang!)

If you’re unfamiliar with his work, check out his website here. His designs – which he’s called the “off-duty model” look – mostly sport a nonchalant, androgynous edge, drawing from a combination of ‘90s grunge and French chic. See how the celebs wear Alexander Wang below.

Photos: Beijing Today, Vogue.com, InStyle.com