According to Club Med’s development plan, China will become the second largest market after France for Club Med by 2015.
Beibuwan Tourism has launched subscription for its 54.06 million shares and is set to publish its IPO at Shanghai Stock Exchange on March 11.
Jiuhuashan Tourism is issuing 27.68 million shares is a Shanghai IPO on March 12 trading as Jiuhua Tourism.
The establishment of Jiangxi Airlines with RMB2 billion registered capital has been approved by the CAAC East China administrative bureau.
Jinjiang Holdings purchase of Starwood Capital Group’s Louvre Hotel Group is its latest move to surpass Hilton Hotels globally in five years.
Starwood Hotels plans to open 20 hotels in greater China in 2015, including two luxury hotels, 12 high-end hotels, and six select boutique hotels.
eHi will leverage its resources to try to take the lead in the domestic car sharing market with its newly launched online P2P car sharing platform called “hi”.
Singapore-based Temasek Holdings has confirmed its US$10 million investment in the Jiqing high-speed rail line that connects Taiyuan with Qingdao.