China Economic ReviewHoliday Inn is the largest international hotel chain in China, with hotels as far flung as Urumqi and Kunming. We talked to Bernd Riegger, vice president for China operations, about the group’s progress and its bid to win the custom of the local Chinese.
Though China is one of the last places on earth still building locomotives, plans are afoot to introduce the bullet train on a new line being built in Fujian. We look at China’s ambitious efforts to upgrade its inadequate rail infrastructure and assess the impact the changes will make.
Xiamen (formerly Amoy) in Fujian province is traditionally known for its fishing industry and busy port. Now, as one of China’s Special Economic Zones, its industrial output is dominated by its light industries, and it is the recipient of a large amount of Taiwanese investment. We take a closer look at this coastal town.
The China International Trust and Investment Corporation, CITIC, has been a major force in China’s economic opening up. Now, this US$8 billion powerhouse is undergoing change, with the outgoing of its powerful chairman, Rong Yiren, and in the face of increasing competition. We profile the conglomerate, its latest operations in China and around the world and its focus on profit.
The establishment of the Great Wall Group’s office in Johannesburg is one of the most positive signs of the opening up of relations between China and South Africa. Bruce Allen reports.