Korean Air has added four new China destinations to its network – Jinan, Yantai, Xiamen and Shanghai. The increase in services is in response to a surge in the number of air travellers between China and South Korea – from 588,000 in 1998 to 1.615m last year. Japan Airlines launched a service between Tokyo and […]
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Angst-free art scene
Nanjing has become a thriving base for a clutch of modern artists, drawn by the city’s relaxed atmosphere and its cultural and historical roots. Until early summer, Nanjing is often veiled in a mist of drizzle. The contours of the city are indistinct, the high-rise buildings seem dwarfed and the people blurred. This damp ambiguity […]
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Fiat motors ahead
Fiat’s two automotive joint ventures in Nanjing are among the most highly valued overseas investments in the former Chinese capital and they play an important role in attracting other foreign companies. Anticipating a surge of cheaper imports fuelled by WTO tariff reductions, Chinese automobile manufacturers are cutting prices in a race for market share. The […]
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China tightens legislation
Foreign investors in China cannot afford to take a lax approach towards compliance with environmental legislation. The law is becoming much more comprehensive and is applied stringently to international firms. Over the last 10 years, the Chinese government has devoted substantial resources to environmental protection and has greatly enhanced the regulatory framework. However, the beneficial […]
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Exploiting sports brands
Already the world’s biggest production base for sporting footwear and apparel, China presents a vast opportunity in sporting goods and brand exploitation, according to a report published by SportBusiness Group. China is becoming a battleground for both foreign and domestic sporting goods, properties and brands. Chinese athletic footwear manufacturers accounted for a remarkable 76.4 per […]