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China´s currency is just around the corner from being fully convertible and the economy´s capital account is already far more convertible than outside institutions give it credit for, said China´s top securities regulator on Wednesday.
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China is one of the biggest countries of self made millionaires and billionaires and it has managed a strong position on financial map of the world. The number of millionaire and billionaire has increased considerably and that has a positive impact on the luxury travel industry of China. |
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Dubai registered in 2012 a 27- percent increase in the number of hotel guests from China, the sheikhdom´s promotional arm Department of Tourism and Commerce Marketing (DTCM) revealed Sunday.
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China’s high-end travel market might enter an industrialized and standardized era after two influential companies in the fields established a partnership on Saturday.
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Chinese tourists have spent an estimated 196.4 billion yen (about 2.43 billion U.S. dollars) in Japan in 2011, accounting for almost a quarter of the total spending by foreign travelers, and rank as the largest spenders by country, according to data from the Japan Tourism Agency.
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As foreign luxury brands compete to carve out portions of China´s fast-growing market, experts are predicting that Chinese companies will soon develop luxury brands of their own.
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"China´s cruise tourism market has been growing 30 percent annually, and still has great potential," said the director of cruise tourism at Chinese travel agency Ctrip.
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Los Angeles, CA (PRWEB) May 08, 2012-The 2nd Chinese Investment in the US Real Estate Forum is to be drawing U.S. real estate developers, property owners, financial advisors, attorneys, investment bankers, and industry executives, and venture capitalists, among others, to be educated on the latest happenings in China-US real estate investment.
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China Tourism Authority Warns Of Low-Cost Package Tours :Low-cost package tours often have too many shopping activities and so they cannot guarantee the quality of travels. Tourists should make choice carefully.
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2011/2012 Chinese Media Education Tour was successfully organized by Namibia Tourism Board (NTB) China agent Oriental Gateway, with support by NTB head office. It was first time for NTB to arrange Chinese media to explore Namibia northeast region. The purpose of this educational tour is to expand awareness of Namibia north east region to further diversify Namibia tourism resource, further capture |
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Alessandro Rosso Group, the largest European Group in the Events, Meetings, Incentive Industry, Conventions and Medical Congresses with a staff of over 250 professionals and 20 companies worldwide celebrated the opening of its first office in China through a series of events in Beijing (7th May) and Shanghai (8th and 9th May). |
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May 10,2012 9th World Tourism Expo held opening ceremony at the Shanghai Exhibition Center,The exhibition welcomed 550 exhibitors from more than 50 countries.The number of professional audience reached 7000 as well as 35,000 public audience participated this grand meeting.
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Robin Pope Safaris & African Parks announce Re-introduction of lions to Majete Wildlife Reserve, Malawi
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Understanding the potential of China´s outbound tourism is now made easy by an authoritative new publication which is also available as a free e-book download. |
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Qatar-based hospitality giant announces plans for iconic luxury hotel to be constructed in the new urban district of Lusail. |
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With less than 8% of the world´s intake of tourists region has outstanding growth potential - co-operation, training and product diversification in focus at inaugural UNWTO & ATM regional tourism summit
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Visitor numbers up 7-10% on 2011 figures with new impetus driven by regional industry performance and renewed B2B focus |
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Moderating a seminar on The Rise of the Dragon, focusing on the Chinese outbound market, Lucy Chuang, MD of Global Sino presented its remarkable market potential to regional hospitality professionals at Arabian Travel Market 2012.
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UAE Vice President, Prime Minister and Ruler of Dubai inaugurates ATM 2012 Middle East´s biggest travel and tourism event underscoring importance of sector to regional economies |
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Group marks dedicated Arabian Travel Market debut with announcement of four new hotels for Middle East portfolio; duo of Oman signings, foothold in Saudi Arabia, and exciting four-star property earmarked for Iraq as reconstruction drives demand for quality accommodation |
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