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Sino-US travel hit by trade war, Tencent to buy $400m stake in Meituan IPO, and more

09/03/2018|10:51:01 AM|

Chinese tourists to Russia increased by 150% in January-July 2018. Weekly travel bookings from China to the US dropped by 8.4%. Meituan is to go public in Hong Kong on Sept. 20, and Tencent plans to buy $400 million worth of shares in the IPO.

ChinaTravelNews Briefing: Tencent vies for railway WiFi service, Meituan denies funding and more

04/20/2018|2:48:41 PM|

Both Tencent and Alibaba are eyeing a stake in Bullet Train Networks, Ctrip joins a consortium in a bid for car rental firm eHi’s privatization, and more in this week’s Briefing.

Tour operator Xband secures 63.5 million yuan, backed by CYTS fund group

04/03/2018|8:44:56 AM|

After the latest capital injection, Xband Club plans to expand its homestay business to build an inventory of 10,000 guest rooms in five years.

China sees 10.7% more travelers on National Day holidays

10/12/2015|10:43:52 PM|

A total of 526 million trips were made nationally in China over the National Day holidays and RMB421.3 billion was spent during the period, up 10.7% and 17.9%.

China’s State Council to fully support development of national tourism industry

08/12/2015|11:05:27 AM|

China’s State Council reiterated support for the tourism industry in a recently published directive.

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