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
Asia Pacific: Most tourists from China
Between 2018 and 2023, the Asia Pacific region is expected to enjoy a steady 5.5% average increase in international visitor arrivals (IVAs) per year. With this growth, the IVAs are predicted to reach a record high of almost 900 million … Continue reading Asia Pacific: Most tourists from China
More Chinese provinces cut growth targets
Beijing – More Chinese provinces have cut their annual growth targets in 2019 than the year before, a sign of deepening pessimism among local governments amid weakening domestic demand and an prolonged trade dispute with the United States. The lower … Continue reading More Chinese provinces cut growth targets
Macau’s casinos experience revenue drop
Macau – Gambling revenue in the Chinese territory of Macau dropped 5 percent in January, the first drop in more than two years, as appetite for gambling waned amid slowing economic growth and increased headwinds from the Sino-U.S. trade war. … Continue reading Macau’s casinos experience revenue drop
Venture capital: Chinese market more polarised
Beijing – Investors are pouring capital into China’s more mature, later-stage tech companies, polarising the tech scene into established “decacorns” – private companies with valuations of US$10 billion or more – versus capital-hungry, start-ups. Unlisted technology giants are attracting bigger … Continue reading Venture capital: Chinese market more polarised
Chinese tourists: Thai income crosses 2 trillion Baht
Bangkok – A sharp resurgence in Chinese visitor arrivals in December helped Thailand close 2018 with a total of 38.27 million arrivals, generating tourism expenditure of just over two trillion Baht. The final arrivals count released by the Ministry of … Continue reading Chinese tourists: Thai income crosses 2 trillion Baht
ITB China: ATTA becomes official Adventure Travel Partner
Shanghai/ Berlin – The Adventure Travel Trade Association (ATTA) has been confirmed as the Official Adventure Travel Partner for the upcoming ITB China, taking place from 15 – 17 May 2019 in Shanghai. For the very first time the association will … Continue reading ITB China: ATTA becomes official Adventure Travel Partner
Thailand Yacht Show & RendezVous 2019
Phuket – Having brought all the disparate previously competing parties together in a single Phuket boat show, the fourth Thailand Yacht Show & RendezVous (TYS) offered an all-embracing event at the Royal Phuket Marina for yachting enthusiasts and wealthy lifestyle-seekers from … Continue reading Thailand Yacht Show & RendezVous 2019