Asia and China are facing a shortage of great resorts, and China’s Hainan island is likely to help fill that gap, Starwood Hotels CEO Frits van Paasschen said in a remarks to the Shanghai Foreig…
.
Your one-stop source for retail intelligence in Asia
Search Results For: hainan
Chinese duty-free shops to spur local luxury spending
It’s not just the international companies pursuing Chinese shoppers. Chinese cities are in hot pursuit of them as well.
In a bid to promote domestic tourism and spending, cities around China are…
Ownership permits Starbucks to rise fast in China
Starbucks Coffee International will acquire full ownership of more than half of its retail stores on China’s mainland from joint venture partner Maxim’s Caterers Ltd under its strategy to …
Mandarin Oriental Sanya launches Spend & Save promotion
In celebration of the new duty free tax policy that visitors to Hainan Island can benefit from, Mandarin Oriental, Sanya has now made a visit even more attractive with their Spend & Save promotion…
Hilton signs China agreements for a Waldorf Astoria and 2 Hiltons
Hilton Worldwide has signed three management agreements with New Huadu Industrial Group for a Waldorf Astoria-branded resort and a Hilton Hotels & Resorts property in Hainan and a Hilton Hotels &a…
High rubber prices through 2011
Short supply has pulled up natural rubber costs to an all-time high in China. Quotes are expected to continue increasing this year, albeit at a slower rate.
The cost of natural rubber has soared subst…
Hu looks to boost China’s consumption, imports
Chinese President Hu Jintao said the country will boost consumption and imports as part of efforts to restructure its economy, and pledged to invest more in Asian and other emerging markets.…
Shanghai bid for tax-free tourist zone
Shanghai hopes to set up a tax-free shopping zone for tourists beside its Disney theme park – still under construction …
EU still top market for solar
China’s shipments of solar power-related products to the EU have been strong despite reduced subsidies. Although makers are exploring alternative destinations, the EU remains the key export mark…
Shipping costs defy 1Q 2011 projections
Container shipping prices were projected to increase 10 to 20 percent in the first quarter of 2011. The rush to send out orders before the start of the Chinese New Year was expected to boost demand an…