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News

  • 01/12/2012
    China experienced growth in inbound, outbound and domestic tourism in the first 11 months of 2011. The latest data released by the China National Tourism Administration (CNTA), reported by Xinhua, showed that from January to November 2011, 52.7 million tourists spent at least one night in China, up 3.2% yearon- year. Meanwhile, 63.9 million...
  • 01/06/2012
    Profit growth among Chinese airlines is expected to slow in 2012 as passengers opt for high-speed train travel instead. According to the Civil Aviation Administration of China, profits for the airline industry are expected to raise by 5.1% percent to CNY45.6 billion (US$7.2 billion) this year, a far cry from the 300% surge in 2010. "In...
  • 01/06/2012
    China is lining up another record infrastructure project with plans to build the world’s highest airport in Nagqu, Tibet. At an altitude of 4,436m above sea level, construction is due to begin later this year and the facility is scheduled for completion in 2015. Authorities have conducted a feasibility study which have assured operators and...
  • 01/04/2012
    Intercontinental Hotels Group (IHG) is to launch a new upscale hotel chain in China within the next six months and eventually export the brand across the Asia Pacific region. In an interview with Dow Jones Newswires, Jan Smits, Chief Executive of Asia, Middle East & Africa Operations, said the company is looking to become a favored choice...

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