Shiji Technology’s investment in Galasys is part of its venture into the theme parks and attractions segment.
Intercontinental Hotels announced the launch of its “China Ready” programme in its hotels and promotes its “Welcome Chinese” CTA collaboration.
Hainan Airlines plans to make a private offering of 6.593 billion shares at a minimum of RMB3.64 per share to raise up to RMB24 billion.
Utour reported stable growth, with 46.92% y-o-y growth in revenue for its wholesale operations and 42.03% growth in retail operations for 2014.
Airbus said it will again deliver more than 100 aircraft to China this year, and estimates more than 5,300 aircraft will be required by China in the next 20 years.
The Australian government will extend the validity of multiple-entry visas for Chinese from one year to three years.
China Southern Airlines has made more in the first quarter of this year than the whole of last year, reporting estimated net profits of RMB1.8-2 billion for Q1.
Baidu and Sequoia Capital have been investing in both Tiantian Yongche and 51 Yongche, making a showdown between the two startups imminent.
