As foreigners travel more and more extensively on the mainland, outlets such as Zhuji, not far from Shanghai, could mean a decreasing number of pearl shoppers for Hong Kong. Even Joanne Larby, headed next to Beijing, decided to hold off on her shopping. "If bargains are this good here," she says, "imagine how great they'll be in China."
SHANGHAI: You can't imagine how many flights there are in China until you've had the experience of waiting for a delayed plane at Shanghai's Hongqiao Airport, and the impression of abundance doesn't come from watching planes take off. China, a state run by engineers, is a builder's paradise, where almost no expense is spared for infrastructure. Lots of Chinese cities, including many the average reader may have never heard of, have smart airports of recent vintage and clean, well thought out design that compare favorably to their American and European counterparts.
HONG KONG -- The Hong Kong shares of mainland flag carrier Air China Ltd. jumped to a record high Wednesday after the company said its first-half net profit would surge more than 20 times, helped by the yuan's appreciation and improved investment returns.
The Beijing-based company's shares rose 17.6% to close at 7.27 Hong Kong dollars (93 U.S. cents) after hitting a record HK$7.33 near the end of the trading session.
July 23 (Bloomberg) -- Air China Ltd., the nation's largest international carrier, will add routes and staff as the 2008 Olympic Games fuel demand for travel to its hub, Beijing. Air China will increase the frequency of flights to Britain, France and Russia, as well as to the U.S., said Zhang Lan, senior vice president of Air China, in an interview in Beijing.
