China virus hits travel and car industry
BEIJING/SHANGHAI – Thousands of passengers and crew on two cruise ships in Asian waters were placed in quarantine for China’s coronavirus on Wednesday as airlines, car manufacturers and other global companies counted the cost of the fast-spreading outbreak. China said … Continue reading China virus hits travel and car industry
BYTON M-Byte Receives iF Design Award 2020
Munich – BYTON, manufacturer of smart premium electric vehicles, has received the iF Design Award in the discipline Products, category Automobiles/Vehicles. The iF Design Award is one of the world’s most prestigious design awards and has been honoring outstanding achievements … Continue reading BYTON M-Byte Receives iF Design Award 2020
GBTA: Corona virus Causes Massive Disruption
Alexandria – Concerns about the spread of the coronavirus and its effects on business travel are widespread among travel managers, according to the Global Business Travel Association. In a flash survey the organization conducted last week, 80 percent of the nearly … Continue reading GBTA: Corona virus Causes Massive Disruption
Hong Kong rejects to close border despite virus fears
Hong Kong – Hong Kong leader Carrie Lam rejected calls from a medical union on Friday to close the border with mainland China to contain the spread of the new coronavirus, and urged health staff not to go through with … Continue reading Hong Kong rejects to close border despite virus fears
Corona virus: Airlines take security measures
Bangkok – Passengers on some flights to China will have to make do without hot meals, blankets and newspapers, as airlines step up measures to protect crew and travelers from a new virus that has killed more than 130 in … Continue reading Corona virus: Airlines take security measures
China: Central bank raises limit on small payments
Beijing – China’s central bank said on Friday it would temporarily raise the upper limit on small bank batch payments to 500 million yuan ($72.42 million) from Friday until Jan. 30, to ease fund transfers amid a coronavirus outbreak. The … Continue reading China: Central bank raises limit on small payments
LOT plans to expand flights to China
Warsaw/Beijing – Poland’s national airline PLL LOT wants to increase its presence on the Chinese market and, within at least the next ten years, to fly to both airports in Beijing on a daily basis, LOT CEO Rafal Milczarski has … Continue reading LOT plans to expand flights to China
Cambodia: Influx of Chinese Investment
Phnom Penh – Ever since the state visit of Cambodian Prime Minister Hun Sen to Beijing in 1996, ties between Cambodia and China – or, more accurately, between Hun Sen’s ruling Cambodian People’s Party and the Chinese Communist Party – have grown only stronger. Political … Continue reading Cambodia: Influx of Chinese Investment
China to build over 4,000 km of new railway tracks
Beijing – China plans to build at least 4,000 kilometers of new railway lines this year, including 2,000 km of high-speed lines, the country’s top rail operator said on Thursday. The planned development of new railways this year is part … Continue reading China to build over 4,000 km of new railway tracks
China halts Shanghai-London stock link
HONG KONG/LONDON – China has temporarily blocked planned cross-border listings between the Shanghai and London stock exchanges because of political tensions with Britain, five sources told Reuters. Suspending the Shanghai-London Stock Connect scheme casts a shadow over the future of … Continue reading China halts Shanghai-London stock link