Audemars Piguet is releasing a new Royal Perpetual Calendar and for the first time ever, the watch has been constructed in full titanium. Exclusive to China, the watch features a 41mm titanium case and a titanium bracelet. The bracelet will also be complemented by an included grey alligator strap and a red rubber strap. Additional details include hits of red and a limited edition run of 88 pieces that are a subtle nod to Chinese culture. The watch's movement is the complex, 374-component Calibre 5134, which features a perpetual calendar with week indication, day/date, astronomical moon, leap year, and a 40-hour power reserve.