Malaysia targets a record 5 million Chinese visitors in 2024 as part of its efforts to accelerate post-pandemic recovery www.aljazeera.com/economy/2024/3/22/malaysia-sees-chinese-tourism-boom-on-horizon-after-pandemic-slump
MBTA to pay $148M more to Chinese-owned trolley manufacturer: Under the updated terms, the MBTA will pay as much as $148 million more to account for ...
bostonherald.com/2024/03/28/mbta-to-pay-148m-more-to-chinese-owned-trolley-manufacturer/
China’s Biggest Airlines Post Loss on Slow International Return: China’s three biggest airline companies reported annual losses for 2023 as international traffic ...
bloomberg.com/news/articles/2024-03-28/china-s-biggest-airlines-post-loss-on-slow-international-return
Recovery among Asia-Pacific airlines continues as traffic rises in February 2024
aerotime.aero/articles/aapa-traffic-figures-february-2024
Hong Kong’s Cathay Pacific insists it must stick to prudent spending, holds off on passenger perks
scmp.com/news/hong-kong/transport/article/3256295/hong-kongs-cathay-pacific-insists-it-must-stick-prudent-spending-holds-passenger-perks
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Scoot to add 6 more Taipei-northeast Asia flights per week from April - Focus Taiwan
focustaiwan.tw/business/202403210020
Cathay Pacific still expects its first 777-9s in 2025 as recovery continues: Cathay Pacific still expects its first of 22 Boeing 777-9s it has on order to be ...
aerotime.aero/articles/cathay-pacific-777-9s-recovery-continues
Hong Kong’s flagship carrier Cathay Pacific is delaying its target for returning to pre-Covid capacity despite posting its first annual profit for four years ...
Oil extends fall as China's economic reforms underwhelm investors: Oil prices fell for a second day on Tuesday as pledges by China to transform its economy amid ...
reuters.com/business/energy/oil-extends-fall-chinas-pledge-transform-economy-fails-impress-2024-03-05/
Chinese tourism to Canada still lags behind pre-pandemic levels, data shows - National | Globalnews.ca
trib.al/0AG4Ov3
Business travel: Graphics show how the crises of recent years have changed business travel
wiwo.de/unternehmen/dienstleister/pandemie-ukrainekrieg-inflation-wie-sich-dienstreisen-veraendert-haben/29697878.html
Lunar New Year: China tourism spending tops pre-Covid levels: The figures mark some rare good news for the world's second-largest economy.
bbc.com/news/business-68334683
Quick Glance: China's Travel Spending Surpasses Pre-COVID Levels
- Tourism revenues during Lunar New Year surged by 47.3% year-on-year, surpassing 2019 levels.
- Domestic tourism spending reached 632.7 billion yuan, a 47.3% increase from the previous year.
- Domestic trips grew by 34.3% to a total of 474 million.
- International trips reached 13.52 million, 2.8 times higher than the previous year.
Growth in China: The road ahead for a powerhouse: China's economic development has been remarkable. Over the past 25 years, China’s real gross domestic ...
thestar.com.my/business/insight/2024/03/08/growth-in-china-the-road-ahead-for-a-powerhouse
China scraps Premier Li Qiang's briefing, breaking years of convention: This year's annual legislative session will run from Tuesday to March 11 ...
business-standard.com/world-news/china-scraps-premier-li-qiang-s-briefing-breaking-years-of-convention-124030400662_1.html
Quick Glance: Surprise: China Cancels Premier's Annual Press Conference
- China announced the discontinuation of the premier's annual press conference, a rare opportunity for questioning top Chinese leaders.
- This move suggests a decline in the premier's authority and that of the government bureaucracy, as the Communist Party and leader Xi Jinping consolidate control over the nation's affairs.
- During the weeklong meeting of the mainly ceremonial congress starting Tuesday, Li is expected to present an annual report including the government's economic growth target for 2024.
- The spokesperson emphasized that China remains open to foreign business and investments, reassuring that recent changes to national security laws are not aimed at normal business, scientific, or academic activities.
U-Committee: Behind the screen you can look under the cloth
falter.at/maily/20240306/u-ausschuss-hinter-dem-paravent-wird-unter-die-tuchent-geschaut
Chinese tourism to Australia still in the doldrums after pandemic travel bans: Tourism industry disappointed but hopeful Chinese holidaymakers could return by ...
theguardian.com/business/2024/mar/04/china-tourism-australia-numbers-since-pandemic-travel-bans
China becomes a two-faced economy these industries are booming: China is weakening. But in the midst of the crisis, new industries are already booming ...
businessinsider.de/wirtschaft/china-wirtschaft-der-zwei-gesichter-in-der-krise-boomen-bereits-neue-industrien/
Foreign direct investment in China has fallen amid geopolitical uncertainty, and the world’s second-largest economy is struggling to recover from the pandemic: ... Show more
Post Covid-19, More Chinese Are Leaving China: Big Take Podcast: A new wave of Chinese people are leaving China, and they’re headed to places that aren’t ...
bloomberg.com/news/articles/2024-03-01/post-covid-19-more-chinese-are-leaving-china-big-take-podcast
Hong Kong Sevens almost sold out, officials say, as tournament prepares to bid farewell to city home
scmp.com/sport/rugby/hk-sevens/article/3253800/hong-kong-sevens-almost-sold-out-officials-say-tournament-prepares-bid-farewell-city-home
Thailand wants to woo Chinese tourists with cultural experiences: The removal of visa requirements is expected to increase visitor arrivals from China to 8 ...
channelnewsasia.com/asia/thailand-chinese-tourists-chiangmai-yee-peng-festival-4162171
Chinese airlines can boost US flights to 50 per week, US says: Chinese passenger airlines will be allowed to boost their weekly round-trip U.S ...
reuters.com/business/aerospace-defense/chinese-passenger-airlines-can-increase-number-us-flights-usdot-2024-02-26/
Gov't must look at other markets beyond China to boost PH tourism: think-tank: Gov't must look at other markets beyond China to boost PH tourism: think-tank
news.abs-cbn.com/business/2024/2/27/ph-urged-to-look-beyond-china-for-tourism-boost-1843
US allows Chinese airlines to boost flight to 50 per week: Chinese passenger airlines will be allowed to boost their weekly round-trip US flights to 50 starting ...
english.alarabiya.net/business/aviation-and-transport/2024/02/27/US-allows-Chinese-airlines-to-boost-flight-to-50-per-week
Economy: Export sentiment brightens: Rising demand from China and the UK boosted exporters at the start of the year. However, only a few sectors are still ...
handelsblatt.com/politik/konjunktur/konjunktur-exportstimmung-hellt-sich-auf/100018395.html
Singapore air show kicks off amid travel rebound, supply constraints: Singapore on Tuesday kicked off Asia's biggest air show - the first in six years unaffected ...
reut.rs/3wufLbg
Spring Festival brings China tourism boom: During the holiday week, statisticians recorded approximately 474 million domestic trips, an increase of 34 percent ...
diepresse.com/18171237/fruehlingsfest-beschert-china-tourismus-boom
China’s Lunar New Year spending surpasses pre-Covid levels, as authorities attempt to boost growth
hongkongfp.com/2024/02/19/chinas-lunar-new-year-spending-surpasses-pre-covid-levels-as-authorities-attempt-to-boost-growth/
Tourism: Tourism boom in China: China's domestic tourism exceeded the level of 2019, the year before the coronavirus pandemic, with millions of trips during the ...
ahgz.de/hotellerie/news/tourismus-tourismus-boom-in-china-311293
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Chinese prices deflate amid wider pressures on the economy: Consumer prices in China are deflating rapidly as the country’s economy struggles to right itself ...
thehill.com/homenews/4455659-chinese-prices-deflate-amid-wider-pressures-on-the-economy/
China gears up to ring in Year of the Dragon with expected record 9 billion trips
cnn.com/2024/02/09/china/china-lunar-new-year-travel-intl-hnk/
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The focus of the first edition since 2019 is on electromobility.
👉 You can find the full report here: brnw.ch/21wGpzn
Commentary: Visa waiver deal puts Singapore in good stead to attract the coveted Chinese tourist
channelnewsasia.com/commentary/singapore-china-visa-waiver-tourist-attractions-4111601
China’s Chronic Zero COVID Trauma: More than a year after China scrapped its zero-COVID policy, it has become clear that most analysts underestimated the adverse ...
thediplomat.com/2024/02/chinas-chronic-zero-covid-trauma/
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China’s domestic travel takes off, but foreign visitors yet to make a comeback: China expects domestic
scmp.com/news/china/article/3251808/chinas-domestic-travel-takes-foreign-visitors-yet-make-comeback
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Taiwan plans incentives to close tourism deficit with Japan - Focus Taiwan: Taipei, Feb. 13 (CNA) Taiwan is planning to provide incentives to attract 2 million ...
focustaiwan.tw/business/202402130004
Beijing empties out as migrants head home for first ‘real’ CNY after Covid-19 pandemic
straitstimes.com/asia/beijing-empties-out-as-migrants-head-home-for-first-real-cny-after-covid-19-pandemic
Taiwan stops new group trips to China amid tourism, air route spat: TAIPEI — Taiwan told its travel agents on Wednesday (Feb 7) to stop organising new group ...
asiaone.com/asia/taiwan-stops-new-group-trips-china-amid-tourism-air-route-spat
For China's new globetrotters, group tours are out and Northern Lights are in: Yuwei Zhangzou represents a new type of Chinese tourist.
reuters.com/world/china/chinas-new-globetrotters-group-tours-are-out-northern-lights-are-2024-02-08/
Pharmabranche: Qiagen will nach Corona-Delle 2024 wieder zulegen: Die eingebrochene Nachfrage nach Coronatests bekommt der Diagnostikkonzern deutlich zu spüren ...
handelsblatt.com/unternehmen/industrie/pharmabranche-qiagen-will-nach-corona-delle-2024-wieder-zulegen/100013383.html
China's economy in a 'historically rapid' housing bust: IMF: Housing starts have plunged by more than 60% compared to pre-pandemic levels and more pain is still ...
businessinsider.com/chinas-economy-housing-market-imf-real-estate-investors-forecast-finance-2024-2
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China’s growth enigma : Divergence between official data on the economy and other sources is rising as an issue for business
ft.com/content/bed06ac8-6fe6-4b82-b5c5-652c18e38732
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Number of foreign visitors to China in 2023 down more than 60% from pre-pandemic levels
cnn.com/travel/china-foreign-visitor-number-2023-intl-hnk/
China’s Travel Economy Is Slowly Coming Back. Here’s Where It Stands.: Over a year after China opened its borders following the pandemic, international trips are ...
nytimes.com/2024/01/23/business/china-business-travel.html
Why Nicole Kidman’s 'Expats' Isn't Streaming in Hong Kong: Nicole Kidman’s ‘Expats’ won't be shown in Hong Kong, where it was made and is set ...
variety.com/2024/tv/news/nicole-kidman-expats-hong-kong-not-available-1235892888/
Singapore visitor arrivals up 115% to 13.6 million in 2023: The number of visitors to Singapore in 2023 is about 71 per cent of pre-pandemic levels.
channelnewsasia.com/singapore/singapore-tourism-increase-visitor-arrival-136-million-2023-stb-4091076
Roger Bate: A pandemic treaty will double down on all the bad ideas from COVID-19
chicagotribune.com/2024/02/02/ct-opinion-pandemic-treaty-world-health-organization/
China is trying to save its economy - so far without success: China's economy is struggling to mount a convincing recovery from the pandemic ...
businessinsider.de/wirtschaft/international-business/china-versucht-seine-wirtschaft-zu-retten-bisher-ohne-erfolg/
Hong Kong GDP Growth Disappoints in 2023 on Slow Recovery: Hong Kong’s economy grew at a slower-than-expected pace last year, underscoring the challenges facing ...
bloomberg.com/news/articles/2024-01-31/hong-kong-s-economy-growth-disappoints-in-2023-on-slow-recovery
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The Chinese are missing on the Jungfraujoch: A problem for tourism?: The heyday of Chinese mass tourism in Switzerland may be over. Individual tourists should ...
nzz.ch/wirtschaft/auf-dem-jungfraujoch-fehlen-immer-noch-die-chinesischen-reisegruppen-ist-das-ein-problem-fuer-den-schweizer-tourismus-ld.1775752
U.S. Widens Economic Lead Over China: Last year, the US outpaced China with a 6.3% GDP growth, showcasing strong consumer spending and a quick recovery from the ...
riotimesonline.com/u-s-widens-economic-lead-over-china/
Quick Glance: China's Hard Power Preference Creates Major Challenges for Beijing
- Taiwan's election results indicate a broader trend: China's ineffective use of soft power is damaging its reputation.
- The Chinese Foreign Ministry's response was expected, and Nauru's de-recognition of Taiwan was not surprising.
- There has been a shift from a relatively optimistic view of China's peaceful rise to a more nuanced and cynical perception of Chinese objectives.
- China's increased influence and material power would have global benefits and provide a non-Western perspective and economic strength to shift the international political economy towards the Global South.
Global economy set for weakest growth since pandemic, warns World Bank: Concerns over interest rates and Middle East mean the World Bank expects growth of just 2 ...
bbc.com/news/business-67914707
Quick Glance: World Bank Warns of Weakest Global Economic Growth Since Pandemic
- Forecasted growth of just 2.4% in 2024, with higher interest rates as a major factor.
- Global trade and investment to be stifled by conflicts in Ukraine and the Middle East, according to the World Bank.
- Growth of 2.4% would be the weakest since the 2008-2009 financial crisis, excluding the pandemic.
- Resilience of the US economy likely to result in 2.6% growth last year.
Air Travel Demand Returns For Most Of Asia, But China Lags: Most Asian air travel demand should catch up this year, but China is still lagging.
aviationweek.com/air-transport/airlines-lessors/air-travel-demand-returns-most-asia-china-lags
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When the bobby car becomes a luxury: European toy manufacturers like Simba Dickie suffer from cheap imports from the Far East. But there is hope: adults playing.
sueddeutsche.de/wirtschaft/spielzeug-simba-lego-maerklin-1.6339896
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EXCLUSIVE: Hong Kong on track to restore passenger traffic to pre-pandemic levels by end of year, senior Airport Authority official says
scmp.com/news/hong-kong/hong-kong-economy/article/3250019/hong-kong-track-restore-passenger-traffic-pre-pandemic-levels-end-year-senior-airport-authority
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Riot Games lays off over 500 employees: After the pandemic, many companies have announced large waves of redundancies. There are still plenty of such ...
stadt-bremerhaven.de/riot-games-entlaesst-ueber-500-mitarbeiter/
Quick Glance: Tencent's Riot Games to Cut 11% of Global Workforce
- Riot Games announces cutting 530 jobs, accounting for about 11% of the global workforce.
- Teams outside of core development at Riot in Los Angeles will be most impacted by the layoffs.
- Last year, companies like Amazon, ByteDance, Epic Games, Ubisoft, and Niantic also downsized.
- Tencent has held a majority stake in Riot Games since 2011 and also holds a stake in Epic Games.
Asia-Pacific flights return for U.S. carriers, but profit concerns linger: NEW YORK -- Top U.S. airlines have restored most of their capacity in the Asia ...
asia.nikkei.com/Business/Transportation/Asia-Pacific-flights-return-for-U.S.-carriers-but-profit-concerns-linger
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China’s Economic Slowdown Is Costing the Airlines, Travel Industry $130 Billion: For the full experience visit: China’s Severed Air Links Drain $130 Billion From ...
bloomberg.com/graphics/2024-china-international-travel-slow-return/
Nvidia CEO makes first post-pandemic visit to China: On Jan.20, Nvidia China employees shared photos on social media of Jensen Huang, the company’s founder and ...
technode.com/2024/01/22/nvidia-ceo-makes-first-post-pandemic-visit-to-china/
Hong Kong air traffic recovery continues in 2023 as December sees post-pandemic new heights
aviation24.be/airports/hong-kong-hkg/hong-kong-air-traffic-recovery-continues-in-2023-as-december-sees-post-pandemic-new-heights/
Column: Taiwan held an election. War didn't break out. That's good for California
latimes.com/politics/story/2024-01-22/mcmanus-column-taiwan-election-china
The big pandemic review: Was that it with Corona?: The first Corona case in Germany was exactly four years ago. The big review from different perspectives: Was ...
noz.de/deutschland-welt/politik/artikel/der-grosse-pandemie-rueckblick-wars-das-mit-corona-46284136
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China's Premier Li to address Davos as its economy struggles: Chinese Premier Li Qiang is set to address global investors and politicians in Davos on Tuesday ...
reut.rs/3tTPTVv
Air China resumes flights between Munich and Shanghai: Air China has resumed flights between Munich Airport and Shanghai after a nearly four-year hiatus due to ...
aviation24.be/airlines/air-china/air-china-resumes-flights-between-munich-and-shanghai/
Chinese tourists slow to return to France following the Covid-19 pandemic: The drop in visitor numbers comes as a result of delays in obtaining visas ...
lemonde.fr/en/economy/article/2024/01/18/chinese-tourists-slow-to-return-to-france-following-the-covid-19-pandemic_6445235_19.html
China hid COVID-19 details weeks before it became pandemic, US documents show: China hid COVID-19 details weeks before it became pandemic, US documents show
wionews.com/world/china-hid-covid-19-details-weeks-before-it-became-pandemic-us-documents-show-681102
Japan Equities Are Fast Recovering the Ground Lost to China: Japan equities are rapidly recovering the ground they lost to their Chinese peers in the early years ...
bloomberg.com/news/articles/2024-01-18/japan-stocks-are-gaining-on-china-as-world-beating-rally-extends
China confirms GDP rose 5.2% in 2023 on higher government spending: SHANGHAI -- China's economy grew 5.2% on the year in 2023, the National Bureau of ...
asia.nikkei.com/Economy/China-confirms-GDP-rose-5.2-in-2023-on-higher-government-spending
What we really know about the global economy: From demography to technology, we must pay attention to the forces that will certainly shape our future
ft.com/content/41bc7747-63b9-41e5-a341-6c953be511ac
Tigerair Taiwan gives 10.8 months of wages as bonuses on average - Focus Taiwan: Taipei, Jan. 15 (CAN) Budget carrier Tigerair Taiwan announced Monday that it ...
focustaiwan.tw/business/202401150025
Hong Kong’s Cathay Pacific signs up 100 new mainland Chinese cabin crew as it rebuilds post-coronavirus
scmp.com/news/hong-kong/transport/article/3248537/hong-kongs-cathay-pacific-signs-100-new-mainland-chinese-cabin-crew-it-rebuilds-post-coronavirus
Quick Glance: Cathay Pacific Expands Flight Attendant Team from China
- Cathay Pacific expands the flight attendant team by hiring over 100 flight attendants from mainland China.
- The company plans to hire a total of 1,500 flight attendants from China by 2025 and will hold more recruitment fairs in China.
- According to Cathay’s job description, applicants from Hong Kong must be proficient in English and an Asian language such as Cantonese, Mandarin, or Japanese.
- Candidates from mainland China with knowledge of a third language will be given priority for the recruitment program.
Biotech production: Wuxi is competing with Lonza and Siegfried: As a partner of Moderna, Lonza ensured the rapid production of vaccines during the pandemic ...
nzz.ch/meinung/biotech-produktion-wuxi-macht-lonza-und-siegfried-konkurrenz-ld.1773757
China tries to lure foreign tourists with expanded visa-free scheme after weak post-pandemic bounce back
cnn.com/travel/china-visa-free-foreign-tourist-intl-hnk/
Quick Glance: New Policy: Visa-Free for Chinese Tourists in Thailand Starting March
- Thailand lifted visa requirements for Chinese citizens to increase tourist arrivals.
- This move received a strong response as Thailand was losing its appeal to Chinese travelers.
- The Tourism Authority of Thailand anticipates up to 3.5 million Chinese visitors by the end of 2023, falling short of the 4 million target.
- China has also waived visa requirements to attract tourists.
Logistics: China's electric car exporters are running out of ships: BYD, Polestar and Co. are pushing into new markets in Europe. But freight capacities have ...
handelsblatt.com/unternehmen/industrie/logistik-chinas-elektroauto-exporteuren-gehen-die-schiffe-aus/100005470.html
China: Six percent growth is expected in the Year of the Wooden Dragon: The transformation from China's economy, which was recently very export-dependent ...
freitag.de/autoren/michael-kraetke/china-im-jahr-des-holz-drachens-wird-mit-sechs-prozent-wachstum-gerechnet
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