Individual business and leisure travelers will provide the much-needed growth momentum for Chinese hoteliers, even as prospects in the high-end segment continue to be bogged down by the government's austerity measures, a new industry report said.
Cambodia made its biggest international order of the Chinese MA60 "Modern Ark" twin turboprop aircraft on Thursday after the newly launched Cambodia Bayon Airlines signed a procurement contract for 20 MA60s with Xi'an Aircraft Industry Group under China Aviation Industry Corp.
Royal Caribbean's newest cruise ship, Quantum of the Seas, will have its home port in China.
The information technology authority of Beijing municipal government signed a strategic partnership agreement with its counterpart in Hebei province on Thursday to build a cloud computing industrial park in Zhangbei county, where the largest data center in the region is expected to set up and offer services to the capital's high-tech firms.
Investors in Hong Kong and the Chinese mainland are taking profits after the recent rally, although they said they have remained unfazed by talk of an interest rate rise in the United States.
Member economies of the Asia-Pacific Economic Cooperation are working on a blueprint that seeks to boost regional interconnectivity and other trade facilitation measures, a top Chinese official who participated in the meetings said on Thursday.
Chinese pork products will replace banned pork exports from the West, which are unlikely to win back their place in the Russian market even if the present ban is lifted, according to Russia's meat products watchdog.
Ebola epidemic casts a shadow over Africa's largest economy, and many firms have put expansion on hold, reports Li Lianxing in Nairobi.
US e-commerce giant Amazon.com Inc seems ready to capitalize on the massive purchasing power of Chinese customers, as it kicked off a planned foray into the China (Shanghai) Pilot Free Trade Zone, where innovative policies are expected to boost cross-border online trade.
Proposed regulations should consider construction quality in underdeveloped areas, experts say
Analysts: Pharmaceutical retailers may face technology-driven shakeup
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Raymond Zhou
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