China totally dominated the Asian Games. Next stop: the 2012 London Olympics. China won the Asiad for the eighth straight time – garnering 199 gold and an impressive 416 total medals – both Asian Games records. China did amazingly well at the 2008 Beijing Olympic Games where it topped the United States and Russia in […]
Category: Travel & Leisure
Guangzhou’s Asian Games is scheduled to finish Saturday, with the city spending more for the two-week event than London’s budget for the 2012 Olympics, Bloomberg reported. The city spent some US$18.3 billion in preparation for the games, including infrastructure such as metro lines, roads and stadiums. Total spending was equivalent to 13% of its GDP […]
InterContinental Hotels Group (IHG), which operates brands including Intercontinental, Holiday Inn, Crowne Plaza, Staybridge Suites and Candlewood Suites, predicts "an era of unprecedented opportunity and sustained growth." Its hopes are raised by favorable socio-economic trends in high-priority markets such as China. The company believes it is "wonderfully placed" to take advantage of economic trends in […]
Chinese tourists are major shoppers, particularly since prices of luxury merchandise overseas are about a third of those in China. But this may soon end because of new duties being introduced. Chinese Customs recently introduced steep new duties on any merchandise brought back into the country for personal use that exceeds RMB5,000 (US$751) in value. […]
A year ago the government classified Hainan as an "International Tourism Island." Now Hainan province is undergoing massive tourism development, both in infrastructure construction and policy. Lu Zhiyuan, director of the Hainan Provincial Tourism Development Commission, said the Hainan East Ring Intercity Rail from Haikou to Sanya will open on December 5 while the West […]