Cathay Pacific making profit again
Hong Kong – Hong Kong’s Cathay Pacific Airways Ltd projected its annual profit at more than double analyst estimates as its turnaround plan designed to cut costs and boost revenue pays off, sending its shares surging nearly 9 percent on … Continue reading Cathay Pacific making profit again
China-U.S. trade talks ‘making a final sprint’
Shanghai – Chinese state media on Saturday expressed cautious optimism over trade talks between the United States and China, a day after President Xi Jinping said a week of discussions had produced “step-by-step” progress. Xi made the comments at a … Continue reading China-U.S. trade talks ‘making a final sprint’
Xinjiang foreign trade with B&R countries rises
Urumqi – The foreign trade volume between northwest China’s Xinjiang Uygur Autonomous Region and countries along the Belt and Road (B&R) totaled about 291.5 billion yuan (43 billion U.S. dollars) in 2018, up 13.5 percent year on year. The figure … Continue reading Xinjiang foreign trade with B&R countries rises
Northern China: Pollution up 16 percent
Shanghai – Air pollution in 39 major northern Chinese cities rose 16 percent on the year in January, official data showed, with surging industrial activity making it increasingly unlikely they will meet their winter emissions targets. Average concentrations of small, … Continue reading Northern China: Pollution up 16 percent
ITB: Chinese travel industry to meet European partners
Berlin/ Shanghai – On 5 March 2019, one day before ITB Berlin, the World’s Leading Travel Trade Show, more than 20 senior travel representatives from China will be making initial contacts and be able to collect useful information about the European … Continue reading ITB: Chinese travel industry to meet European partners
Thailand: Princess disqualified from prime minister bid
Bangkok – Officials have disqualified a Thai princess from running for prime minister in next month’s general election after her brother, King Maha Vajiralongkorn, said her nomination would be “inappropriate.” Thailand’s Electoral Commission announced on Monday that the “monarchy must … Continue reading Thailand: Princess disqualified from prime minister bid
Vietnam welcomes second Trump-Kim summit
Hanoi – Hanoi welcomes the second U.S. – North Korea summit, planned to take place in Vietnam by this month-end, the spokesperson of the Vietnamese foreign ministry said on Wednesday. In his State of the Union address on Tuesday night, … Continue reading Vietnam welcomes second Trump-Kim summit
China remains export hub for Volvo Cars
Beijing – “China is still an export hub for Volvo Cars. Currently, the majority of cars sold in China were built in China, it’s a very good degree of localization,” Hakan Samuelsson, the company’s president and chief executive told Chinese … Continue reading China remains export hub for Volvo Cars
Emirates Codeshare with China Southern Airlines
Dubai/Guangzhou – Emirates and China Southern Airlines (IATA code: CZ) have signed a Memorandum of Understanding (MoU) to progress a comprehensive reciprocal codeshare agreement, which is set to open up new destinations for passengers travelling between China and the Middle East … Continue reading Emirates Codeshare with China Southern Airlines
The Trade Wars: The Pain and the Gain
Geneva – Neither protagonist in the U.S.-China trade war stands to benefit from their standoff, the U.N. said Monday, suggesting others could cash in instead, with the EU possibly winning big. In a report, the U.N. Conference on Trade and … Continue reading The Trade Wars: The Pain and the Gain