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
Chongqing sees booming rail trade with Europe
Chongqing – Chongqing, a dynamic metropolis in China’s southwest, saw booming trade through railway with European cities, according to its government work report on Sunday. China-Europe freight trains to and from Chongqing surged over 50 percent to over 1,000 trips … Continue reading Chongqing sees booming rail trade with Europe
Vietnam, Thailand head toward $20 billion in trade
BANGKOK — Việt Nam and Thailand have agreed to implement measures to boost economic co-operation with the aim of reaching US$20 billion in two-way trade turnover by 2020 at the meeting of their Joint Committee on Bilateral Cooperation in Thailand … Continue reading Vietnam, Thailand head toward $20 billion in trade
Huawei under pressure from Trump
San Francisco – Top U.S. universities are ditching telecom equipment made by Huawei Technologies and other Chinese companies to avoid losing federal funding under a new national security law backed by the Trump administration. U.S. officials allege Chinese telecom manufacturers … Continue reading Huawei under pressure from Trump