Tag: yuan
China Air Transport Association: 737 MAX fiasco to cost Chinese airlines $579 million
The China Air Transport Association (CATA) said it estimates losses at Chinese airlines caused by the grounding of Boeing's 737 MAX aircraft will reach around 4 billion yuan ($579.32 million) ... Read More
China announces Great Wall “emergency repair” over next 5 years
China's government has formulated an emergency work plan to repair dilapidated sections of the Great Wall in the next five years, according to the municipal cultural heritage authorities. The work ... Read More
Airline suing passenger who threw “good luck” coins into plane’s engine
Chinese airline has filed a lawsuit against a passenger who threw coins into the engine of the airplane "for good luck". As the passenger admitted that he threw the coins ... Read More
Tourism Ministry: Foreign tourists spent $73.1 billion in China in 2018
Foreign visitors made 30.54 million trips to China in 2018, a 4.7 percent increase than that of 2017, according to China's Ministry of Culture and Tourism. Travelers stayed at least ... Read More
197 million visits: Winter tourism booming in China
A new report showed that about 197 million visits were made by Chinese travelers for winter activities in the 2017-2018 winter - a year-on-year increase of 16 percent. During the ... Read More
Asia thumps New York fashion
According to the Business of Fashion Report (McKinsey & Company 2017), “The West will no longer be the global stronghold for fashion sales.” Read More
Lotte Duty Free Guam Live Music Festival features world-class international lineup
TUMON, Guam - Nine international music artists are slated to perform at the inaugural Lotte Duty Free Guam Live International Music Festival next month at Paseo Stadium in Hagåtña, Guam. Read More
China Eastern Airlines’ profit soars 79%
China Eastern Airlines Corp., the nation’s second-largest carrier by passenger numbers, saw first- half profit increase 79 percent as Shanghai’s World Expo spurred travel and a stronger yuan cut t Read More
Tourists should take dollars to Olympics
Tourists heading off to the Olympic Games in Beijing, China next week have been urged to take additional funds in US dollars. Read More
Yuan boosts airline
As the mainland's export sector has been grappling with the yuan's appreciation, the currency's growing strength has helped China Southern Airlines, one of the largest passenger carriers, overcome rising jet ... Read More
Taiwan wants Chinese tourists, yuan convertibility: official
TAIPEI — Taiwan's incoming Kuomintang government wants to attract more mainland tourists and make it easier to convert the Chinese yuan on the island by July, a senior party official ... Read More