Vale of Eternal Blossoms, a zone for max-level players, is home to eight of the rare champions of Pandaria. Just like in previous zones, there are one of each type (Pandaren, Mantid, Saurok, etc.) and they all count toward the achievement Glorious! Being the final (and therefore highest level) zone, these rares hit harder and have more health than any of the ones I've covered yet.
The rares in this zone are all level 91, with health pools a little over 4M. They each have a 100% chance to drop an item level 440 bop cloak with random stats and a small chance to drop a Small Bag of Goods. They also each have a chance to drop some very fun vanity items, or some useful items as well. Each of the items they can drop are listed below next to the rare that drops it. You can also see some screenshots of each of these items in action in this post: Sneak Peak: Special drops from Rare Champions of Pandaria.
Also note that many of the rares in this zone are affected by phasing. If you can't see Ai-Ran, Major Nanners, Mold One-Eye, Urgolax or Kang it's because you haven't done the opening quest line to unlock the Golden Lotus dailies This quest line starts in Kun-Lai Summit at the Temple of the White Tiger with the quests Temple of the White Tiger (Alliance) or Temple of the White Tiger (Horde). Following these quest lines will open the gates into the Vale and eventually change the phase so that you will be able to see all of these rares.
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Ai-Ran can be found meditating in the small cave just east of Mistfall Village beneath the Tu Shen Burial Ground.
Like other Pandaren Ai-Ran's three abilities are Chi Burst, Healing Mists and Spinning Crane Kick. The most important thing to know when taking him down is to interrupt Healing Mists, and run away from Spinning Crane Kick. Ranged players should also stand within 15 yards of him to avoid his Chi Burst which deals some pretty massive damage.
Ai-Ran has a small chance to drop Essence of the Breeze. This is a curious item that when used will give you a ten minute buff called Gentle Breeze. While under the effect of this buff, each time you jump you will be propelled a few yards forward. One great use for this item is untangling the plants on your farm much more quickly!