The Global Business Travel Association, considered the world's premier business travel and meetings organization, is predicting that China will exceed the United States to become the world's largest business travel market by 2016.
The latest data from private property developers confirm that new home sales accelerated considerably in October following the government's stimulus policies, but doubts remain whether the upswing can be maintained until the end of the year.
Peer-to-peer services gain favor among those who want to buy apartments, reports Bloomberg.
Top economic planner satisfied issuance plan is working as intended
Advanced features help operation in South China Sea's tough weather
Activity in Hong Kong's private sector fell by its biggest margin in three years in October, a private survey showed on Wednesday, offering a first glimpse of the impact the street protests are having on the economy and signaling a further slowdown.
Hui Ka Yan's property company is among the Chinese builders whose bonds are slumping as investors highlight weakening finances, limited creditor protection and record debt maturities.
Factoring has become increasingly popular among online lenders as a tool to improve risk control, experts said.
Real estate giant hopes to cash in on boom in Asia's travel industry
Spring Airlines Co, China's first low-cost carrier, plans to start an aircraft-leasing business to reduce costs and increase usage of its fleet as travel demand rises.
Prime Capital Management Co, the Hong Kong-based hedge fund, is scaling back its wager on 500.com Ltd, which analysts said underlined its concern about the online bookmaker's viability.
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Raymond Zhou
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