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Search results for “Double 12”
Chinese outbound spending up by 16.7%, buying 46% of global luxury goods
04/08/2016
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8:31:11 AM
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Global tourism has experienced growth for six years in a row, contributing 10% to world GDP and creating 9.5% of jobs globally, according to WTTC.
Overcapacity hits major airlines on rapid expansion
04/05/2016
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10:11:44 PM
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China's three state-owned airline companies saw declining yields on international routes last year, despite rosy annual performance reports amid record-low oil prices
Didi Kuaidi claims 40% more rides in 2015 than Uber has ever made
01/13/2016
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5:12:11 PM
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Didi Kuaidi announced in an email that it had surpassed 1.43 billion rides. The claim would mean Didi is the largest ride sharing company in the world.
Dominant airlines in China take USD 2.5 billion currency hit
03/31/2016
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2:00:13 PM
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China's three major state-owned airlines combined suffered about USD 2.5 billion in foreign-exchange losses last year after the country unexpectedly devalued the RMB in August, squeezing passenger yields and limiting profit gains from cheap oil.
Aviation giants confident in Chinese market's growth potential
02/19/2016
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8:37:36 AM
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Boeing says Chinese airlines will require about 6,330 new planes worth around 950 billion U.S. dollars over the next two decades, which accounts for about 17 percent of the global total; meanwhile, Airbus expects China to require about 5,400 new planes, comprising 40 percent of deliveries for the whole Asia Pacific region.
Double-digit growth in Chinese outbound travelers continues for the 12th year
01/30/2016
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4:05:17 PM
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China remains a leading force in the global market of outbound tourism with Chinese outbound visitors increasing at a double-digit rate for 12 years in a row.
Disney Resort expected to bring realty-and-retail boom to Shanghai
02/01/2016
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11:42:36 AM
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Shanghai Disney Resort, which will open in June, is expected to transform the metropolis' economy.
Chinese consumers buy nearly half of world's luxury products
02/16/2016
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7:07:20 AM
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Chinese consumers spent RMB 1.2 trillion (about US$183 billion) abroad last year, buying nearly half of world's luxury products.
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