The offshore duty-free business rose to approximately USD 5 billion by the end of 2020.
Europe’s medicines watchdog has started reviewing China’s Sinovac coronavirus jab; China's first comic-themed park opens.
May 4 saw Macau record 28,500 tourist arrivals, and May 5 brought 23,000 tourist arrivals.
‘Red tourism’ in China appears rampant; HNA Group assets attract interest from Fosun, Air China.
Some bidders could team up for an investment, and the structure of any potential transaction hasn’t been finalized.
China market sees high-end hotel travel boom and motorized travel is on the rise.
Air China and Air New Zealand announced this week that they are extending their strategic alliance partnership by a further five years until March 2026.
The airline has carried 17 million passengers thus far this year.
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