Shanghai Transportation Commission has issued Uber and Yongchewith a RMB100,000 fine each last week which neither car-hire apps have paid yet.
Merlin Entertainments Group will target education obsessed Chinese parents when it opens Shanghai Legoland Discovery Center in the Spring of 2016.
The group believes e-commerce is the future of selling. And it has chosen to re-engineer its internal processes and is demanding a higher level of expertise from PSS to enhance its IT capabilities.
Uber is seeking to raise its funding up to US$2.5 billion for its China operations. The funding scale is twice as much the total capital it has raised in China so far.
China has sealed a partnership with Boeing, paving the way for setting up a Boeing assembly and large parts manufacturing plant in China as well as plane purchases.
HNA Group is making a strategic investment in the Series C financing round of Chinese overseas rental platform Zhubaijia.
CYTS Shanshui Hotel Investment & Management Company is speeding up preparations for a listing on the New Third Board.
ChinaTravelNews talks to Alan Chang, Airbnb’s managing director for Northeast Asia about the Chinese traveler and Airbnb’s goals in the country.
