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...The rating agency pointed to “declining contracted sales”, which it estimated had fallen 40 per cent in the first two months of the year from a year ago to Rmb34.5bn ($4.8bn) and “rising uncertainties over...
...Additional reporting by Wang Xueqiao in Shanghai...
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...The letter to ABB’s chief executive Björn Rosengren, highlights increasing scrutiny by US legislators of international companies with operations or interests in China....
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...Coupled with disruption caused by the pandemic, which all but halted international air travel, Boeing suffered a heavy blow allowing Airbus to dominate the narrow-body market....
...The rating agency also warned that the situation at Country Garden “may exacerbate weakness in [Chinese] homebuyers’ sentiment”....
...Rory Boland, travel editor at the consumer group Which?...
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...I count 16 lamps before I finally drift off, wondering what such numbers say about the travel industry, the city and the country....
...Additional reporting by CK Tan in Shanghai A version of this article was first published by Nikkei Asia on September 6. ©2023 Nikkei Inc. All rights reserved....
...“Today’s trends reflect more of a continuing widening of wealth disparities than a quest for common prosperity,” Pooky Lee, fashion curator and co-director of Shanghai-based creative agency Poptag, writes...
...The Moules family Grand Tour on European railways was a success, and you will be able to read the details soon in the Financial Times’ travel section. One more thing . . ....
...And there are more structural problems, such as clubs playing second fiddle to international teams. Clubs are still fighting for survival....
...A space-travel anime game, Honkai: Star Rail is miHoYo’s second new title since the breakout success of Genshin Impact....
...Fitch, the rating agency, said this week that offshore sentiment towards China’s property sector “remains weak” and that the primary markets are “out of reach for almost all Chinese developers”....
...Also attracting investors is Shanghai-based Fu Shou Yuan International, China’s biggest funeral services provider and seller of burial plots....
...AgodaO: 7; L: 8; I: 6; Total: 21The online travel agency’s legal team developed a framework to anticipate how developments in artificial intelligence might potentially result in differing regulatory obligations...
...in attracting an international audience by making Macau a global tourism destination....
...Cheng Lin, an accounting professor at China Europe International Business School in Shanghai, said while audit quality had long been problematic at foreign and local firms, the “main drivers” were Beijing...
...A manager at one Shanghai travel agency, who asked not to be named, said his company was already preparing....
...The rating agency has highlighted fears of contagion spreading through Fosun’s vast business interests which extend across China, Europe and the US....
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