Hollywood's Motion Picture Association (MPA) signed an agreement with China's Ministry of Culture and the State Administration of Radio, Film and Television to protect foreign films from DVD piracy during their first run at the cineplex, the Wall Street Journal reported. The first deal between the American trade association and the Chinese government doesn't change […]
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Private airline flies
Spring airlines, China's second private carrier, made its inaugural flight yesterday from Shanghai Hongqiao airport to Yantai, offering a low budget challenge to China's big three state carriers at a time when they are posting losses due to high fuel prices. Three other private carriers have received government approval to move forward with operations.
China Shipping Development Co has delayed the spin off of its dry-bulk cargo carrier operations into a new company to be listed on the Hong Kong Stock exchange, citing both regulatory requirements in the mainland and weak market conditions, the Wall Street Journal reported. The slump in dry-bulk shipping rates, the value of the shipping […]
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Tourism grows in Beijing
A record 1.67m overseas tourists poured into Beijing in the first half of this year, a 26% increase from the same period last year, state media reported. Visitors from Japan, South Korea and the US accounted for 40% of the visitors, while there was a 30% increase in British, French and German tourists.
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China to combat obesity
China will combat a growing obesity problem by standardizing nutritional regulations and by raising awareness of the medical dangers of obesity, state media reported. In China's larger, wealthier cities like Shanghai and Beijing, severe obesity affects 16-20% of the youth. At least 200m people in China will suffer from obesity within ten years if current […]