China: Yuan sets new low against USD
Beijing – The Chinese yuan has hit another new low versus the U.S. dollar since starting its recent depreciation against the greenback in mid-January.The People’s Bank of China set the yuan’s mid point at 6.1610 on Tuesday, 19 bips lower … Continue reading China: Yuan sets new low against USD
60 Greater China Industry Leaders Reign at the 7th Annual TTG China Travel Awards
Shanghai – Nearly 1 in every 2 of TTG China Travel Awards 2014 winning organisations brought home the awards’ signature 24K gold-plated Hermes trophy for the first-time tonight.Among this year’s 27 inaugural winners were Air Canada and Mandarin Oriental Hotel … Continue reading 60 Greater China Industry Leaders Reign at the 7th Annual TTG China Travel Awards
Chinese bank launches “Pretty Mom” credit card
Beijing – The Agricultural Bank of China (ABC) issued a new type of credit card on Friday targeting China’s young mothers, a growing group known for their love of shopping and their greater say in the family budget.The cards focus on … Continue reading Chinese bank launches “Pretty Mom” credit card
China eyes new energy projects for greener development
Beijing – China will launch a number of major projects to restructure its energy layout and achieve a greener development with cleaner energy.China will push forward reform in energy production and consumption, and make energy use greener, said Premier Li Keqiang … Continue reading China eyes new energy projects for greener development
ASEAN: No timeframe for South China Sea code of conduct
Chonburi, Thailand – The drafting of the South China Sea code of conduct (COC) is a working process without a timeframe, the director-general of the ASEAN Affairs Department of Thailand’s Ministry of Foreign Affairs told Xinhua Monday.“We need to use … Continue reading ASEAN: No timeframe for South China Sea code of conduct
Auto China 2014 opens in Beijing
Beijing – The 2014 Beijing International Automotive Exhibition, or Auto China 2014, opened to the public on Monday. This year’s show hit record highs for the number of debut models and new vehicles.More than 2,000 automakers from 14 countries and … Continue reading Auto China 2014 opens in Beijing
Chinese companies bear losses caused by unrest in Ukraine
Beijing/Kiew – In crisis hit Ukraine, the country’s economic woes are not only impacting Europe’s economies, it’s also wreaking havoc on Chinese companies that have operations in the country.Song Feng is the head of a private colour plate company in … Continue reading Chinese companies bear losses caused by unrest in Ukraine
Corporate Travel World (CTW) To Establish China Edition
Shanghai – From 2015, Chinese Corporate Travel professionals can finally look forward to a much anticipated Conference dedicated to building the body of industry knowledge and cultivating best practices relating to China’s business travel policies and decision-making process.Branded and modelled … Continue reading Corporate Travel World (CTW) To Establish China Edition
“Trails of Indochina” nominated for World Travel Award
Ho Chi Minh City – Trails of Indochina have been nominated for the “World Travel Awards” for the second consecutive year in the category of Asia’s Leading Destination Management Company. The “World Travel Awards” serve to acknowledge, reward and celebrate … Continue reading “Trails of Indochina” nominated for World Travel Award
China’s first quarter GDP grows 7.4 pct
Beijing – China’s economy outpaced market estimates in the first quarter of 2014, but economists cautioned that downward pressure remains, and targeted measures are needed to ensure growth falls within a proper range. The nation’s gross domestic product (GDP) rose … Continue reading China’s first quarter GDP grows 7.4 pct