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☆ Typhoon Talim forecast to hit southern China late Monday
▼ + stars: | 2023-07-17 | by ( Liz Lee | ) www.reuters.com time to read: +3 min

China Meteorological Administration issued an orange alert, saying the typhoon was expected to increase in intensity to become a severe typhoon by the time it makes landfall at night along the southern coast from Guangdong to Hainan. China has a four-tier colour-coded weather warning system under which orange is the second highest alert. Talim is set to be the fourth typhoon this year but the first to make landfall in China, according to weather predictions. The national forecaster urged authorities in Guangdong and Hainan to be on standby to respond to the typhoon. Chinese national weather forecaster said rainfall in several cities in the southeastern Fujian and eastern Jiangsu provinces reached 200-300mm (7.87-11.81 inches) within three hours early Monday morning.

Persons: Talim, Liz Lee, Jessie Pang, Lincoln, Himani Organizations: China Meteorological Administration, Authorities, Sunday, Zhuhai Jinwan Airport, Meilan, Qionghai Boao, Beijing, Thomson Locations: BEIJING, China, Guangdong, Hainan, Zhanjiang City, Hong Kong, Guangxi, Xinhua, Zhuhai, Hainan's, Haikou, Qionghai, Fujian, Jiangsu

☆ China resorts to extraordinary measures to soothe entrepreneurs amid deep retreat of private business
▼ + stars: | 2023-04-17 | by ( Laura He | ) edition.cnn.com time to read: +7 min

Hong Kong CNN —After years of regulatory crackdowns and draconian Covid curbs, private entrepreneurs in China are low on enthusiasm. If anything, the private sector seems to be retreating even more so far this year. State-led investment surged 10.5%, while private investment increased a mere 0.8%. In 2022, state investment rose 10.1%, while private investment ticked up 0.9%. “We always regard private enterprises and private entrepreneurs as people on our own side,” Xi said.

☆ Mistakes by the US's top spies allowed China to turn a deadly mid-air collision into an intelligence coup
▼ + stars: | 2023-03-22 | by ( James Bamford | ) www.businessinsider.com time to read: +36 min

On April 1, 2001, a US EP-3 spy plane collided with a Chinese fighter jet over the South China Sea. One of eleven left in the fleet, the tired 1960s-era spy plane bristled with porcupine-like antennas. Within minutes, however, the fighters had reached the lumbering spy plane, and while Zhao Yu hung back about a half-mile, Wang Wei rapidly closed in. In severe trouble, he immediately radioed the base, telling them he was unable to maneuver and being sucked in by the spy plane. "You are not allowed aboard the aircraft," Osborn said.

☆ China issues heavy fog warnings, some shipping suspended
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +2 min

BEIJING, Feb 7 (Reuters) - China issued dangerous heavy fog warnings for many regions and shipping was suspended in the Qiongzhou Strait, an important economic transport hub near Hainan, according to state and local media on Tuesday. China has a four-tier, color-coded weather-warning system, with red representing the most severe warning, followed by orange, yellow and blue. Multiple areas in China's southeastern Fujian also issued alerts for heavy fog, with ferry crossings between Xiamen and Zhangzhou suspended, according to CCTV. Fog will continue in the mornings and evenings of Qiongzhou Strait until Friday, and conditions for navigation will be poor, CCTV reported citing the national weather forecast bureau. In December, one person was killed when more than 200 vehicles were involved in a pile-up on a bridge in China's central Zhengzhou city due to heavy fog.

☆ Tourism is roaring back in China. But the $6 trillion consumer market is digging itself out of a deep slump
▼ + stars: | 2023-01-30 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +5 min

He's hopeful business improves this year – and allows Rêver to recoup the roughly 35% in revenue it lost last year. Within a retail sales slump of 0.2% to 43.97 trillion yuan ($6.28 trillion), catering sales dropped by a steeper 6.3%. He expects 7% year-on-year growth in retail sales. Hainan's recovery plansHainan, a tropical province aiming to be a duty free shopping destination, announced a goal for 10% growth in retail sales this year. That's after its retail sales fell by 9.2% last year.

☆ China's luxury shoppers free to travel, but many buy locally
▼ + stars: | 2023-01-26 | by ( Alessandro Diviggiano | ) www.reuters.com time to read: +2 min

As a result, Chinese residents have rushed to travel overseas. read moreDespite this, some experts argue that an increasing portion of China's luxury spending will remain inside the country's borders, even though consumers can now travel freely. "A portion (of luxury shoppers) will go back to the original pre-COVID overseas consumption," Yan said. "But, I think the local (luxury market) will be also important for most of the brands." Reporting by Alessandro Diviggiano in Sanya, writing by Josh Horwitz in Shanghai; Editing by Raju GopalakrishnanOur Standards: The Thomson Reuters Trust Principles.

☆ As travel resumes, China's luxury shoppers ask: Paris or Hainan?
▼ + stars: | 2023-01-05 | by ( Casey Hall | ) www.reuters.com time to read: +5 min

"When I would go to Paris, I couldn't ask the Paris sales people to keep a bag for me, but now here we can," she said. Under pandemic travel curbs, China's domestic luxury sales boomed, doubling to 471 billion yuan ($68.25 billion) from 2019 to 2021, according to Bain & Co. Even so, Chinese consumers' share of the global market fell to 21% in 2021 from 25% in 2019. "It will be interesting to see how new luxury consumers will perceive the difference between domestic and overseas luxury shopping," he said. ALTERNATIVESInternational travel restrictions and local policies to spur spending also drove many consumers to China's tax-free island of Hainan as a luxury shopping destination.

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