China Economic ReviewAnother luxury hotel in Beijing opened last month – the 10-storey Marco Polo Beijing in the city's financial district. The hotel contains 296 guest rooms and suites and is located at Xidan intersection close the headquarters of the Bank of China. The Marco Polo Hotel Group, a subsidiary of The Wharf (Holdings), has seven properties […]
The Hong Kong-based luxury hotel group Shangri-La Asia plans to invest US$400m in China over the next four years in new hotels and an expansion of its existing property in Pudong. New hotels are planned in the Puxi area of Shanghai and in Fuzhou, capital of Fujian province. "The Chinese economy is seen as quite […]
The November meeting of the World Trade Organisation in Qatar, approved the applications by China and Taiwan to join the organisation. China's trade minister, Shi Guangsheng, said that China was determined to play by WTO rules and that its membership would provide more and better opportunities for exporters and investors worldwide. The full procedure for […]
In response to mounting domestic criticism of its programme of official development assistance to China, the Japanese Ministry of Foreign Affairs has adopted a radical new policy, Nikkei said. The current multi-year loan package will be replaced by a system of single-year financing of projects that better serve Japan’s interests. In addition, the ministry wants […]
China and Japan held three rounds of talks in November to try to resolve their trade dispute but still failed to reach an agreement. The dispute started in April 2001 when Japan imposed temporary emergency import tariffs on three agricultural products to protect Japanese farmers from cheaper Chinese imports. China responded by imposing punitive tariffs […]