Malaysian budget carrier AirAsia plans to start new routes connecting smaller mainland Chinese cities with Southeast Asia to tap a recovery in the country’s travel market, as consumers become more budget conscious.
The Year of the Dragon may have signalled the return of the overseas Chinese tourist, with preliminary data from Alipay showing a 7 per cent increase in transactions this year compared with 2019.
HANGZHOU, China, February 16, 2024--Data from Ant Group shows a robust rebound of consumer spending during the first back-to-normal Chinese New Year (CNY) travel season after the Covid-19 pandemic, especially in cross-border tourism.
JNT Group, one of Poland’s major wine producers, importers and wholesalers, has signed an agreement to take over the majority stake in Domeniile Boieru winery of Ciumbrud, Alba county.
The credit-scoring company appears to be headed for official approval to begin operations after a wait of more than two years, with the People’s Bank of China guiding its application, official says.
In an interesting development in the very lucrative and competitive online shopping market in China, JD.com has reportedly won a lawsuit against rival Alibaba Group in the High People’s Court of Beijing.