DIRS.INFO The most relevant business & tech news

☆ US vs. Chinese aircraft carriers: How the world's top flattops stack up
▼ + stars: | 2024-06-01 | by ( Benjamin Brimelow | ) www.businessinsider.com time to read: +16 min

Liaoning and ShandongAircraft carrier Liaoning set out for sea trials at Dalian shipyard with the help of tugboats. A J-15 fighter takes off from aircraft carrier Shandong during the combat readiness patrol and military exercises around Taiwan. Aircraft carrier USS Gerald R. Ford sails in the Adriatic Sea. China has no experience operating carrier catapults on its warships (though it did study carrier catapults when it purchased the decommissioned Australian carrier HMAS Melbourn from Canberra in 1985 under the guise of scrapping). AdvertisementChina's third aircraft carrier, the Fujian, docks in Shanghai with a Chinese flag seen in the foreground.

Persons: —, Kuznetsov, Pu, Gerald R, Ford, George H.W, George H.W . Bush, Smith, Jackson Adkins, John F, Kennedy, Doris Miller, Dwight D, Eisenhower, Jacob Mattingly, Li Gang, Timothy Heath, Heath, China's, Benjamin Brimelow Organizations: Service, US Navy, Business, Shandong Aircraft, Getty, People's Liberation Army Navy, Getty Images Fujian, EA, Jiangnan Shipyard, Getty Images, PLAN, Xinhua News Agency, Nimitz, Ford, Aircraft, Greyhound, Navy, Carrier, USS Enterprise, Pacific Fleet, Shandong, RAND Corporation, US, Global Affairs, Fletcher School of Law, Diplomacy, Modern, Institute Locations: Shanghai, Fujian, China, China's, Liaoning, Dalian, Shandong, Soviet, Ukraine, Taiwan, Xinhua, Getty Images China, George H.W ., Adriatic, Melbourn, Canberra, Sanya, Hainan Province, West

☆ A Chinese airline warned passengers not to throw coins into plane engines after an Airbus A350 was delayed for 4 hours
▼ + stars: | 2024-03-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

China Southern Airlines warned passengers on social media not to throw coins at planes. In a video, a flight attendant tells confused passengers someone threw "three to five coins" into the engine. AdvertisementA major Chinese airline has warned passengers not to throw coins into its planes' engines after an incident last week. China Southern Airlines posted a five-minute video on Weibo explaining how actions like "throwing coins at the plane" can delay flights and threaten safety. CNN reported that it happened on another Chinese Southern Airlines flight in 2017, when an elderly passenger said it was "a prayer for a safe flight."

Persons: —, 📹亡 Organizations: China Southern Airlines, Service, Weibo, Liberty Times, Airbus, Southern Airlines Locations: Hainan, Beijing, Sanya

Analysts see this more than 7 percent increase in the number of drivers as a manifestation of the subdued job market. At least four others have issued warnings of overcapacity, with some saying drivers get fewer than 10 orders a day as a result. Cai said he earns 200-300 yuan a day, driving for Didi Global - China's answer to Uber - from 8.00 am until close to midnight. Up until recently, he made 400 yuan a day plus bonuses, going home before 8.00 pm. Shanghai driver Li Weimin's rationale for working underscores the shrinking job market.

Persons: Zhu Zhimin, Zhu, Wang Ke, James Cai, Cai, Didi, Wang, Nanxun Li, It's, Li, Casey Hall, Xihao Jiang, Marius Zaharia Organizations: Transport, Thomson Locations: SHANGHAI, Shanghai, China, Cities, Sanya, Changsha, Haikou, Hainan, Analysys, Beijing

☆ 44-year-old's laundry side hustle helped her buy a laundromat—now it brings in $24,000 a month
▼ + stars: | 2023-04-06 | by ( Megan Sauer | ) www.cnbc.com time to read: +4 min

Called the Laundry Room, it's profitable, run by four employees and brings in up to $24,000 in revenue per month. Today, she still fulfills 12 hours of laundry requests per day, with her husband and Laundry Room employees filling in the gaps while she's at work. Using the money to buy a laundromatLast year, the laundromat Sanya and her husband tried to buy eight years prior was back on the market. The Laundry Room opened in September 2022 after Sanya and her husband spent an additional $10,000 redoing the floors and freshening its paint. Sanya opened the Laundry Room, which has 40 machines, in September 2022.

☆ Club Med owner is bullish on China's reopening, says resort is ‘definitely not for sale'
▼ + stars: | 2023-03-27 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +2 min

In this picture taken on October 12, 2016 a general view shows the Club Med resort in Sanya. Nicolas Asfouri | Afp | Getty ImagesClub Med is "very optimistic" about China's reopening, an executive from Fosun Tourism Group told CNBC Monday, adding that the luxury resort chain is "definitely not for sale." Bloomberg reported in November that Fosun International is exploring "strategic options" for Club Med as a means to reduce debt. "We are actually happy to see if … partners in different parts of the world can give synergy for us, but definitely Club Med is not for sale," said Xu, who is also the CEO of Club Med China. Hong Kong-listed shares of Fosun Tourism Group rose 0.93% while shares of Fosun International were 3% lower on Monday, marking the lowest levels it's seen since December.

☆ 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.

☆ Most Chinese provinces set growth targets of above 5% in 2023
▼ + stars: | 2023-01-18 | by ( ) www.reuters.com time to read: +3 min

BEIJING, Jan 18 (Reuters) - Most Chinese provinces aim for economic growth of above 5% this year, pledging to focus on boosting consumption following a lifting of stringent COVID curbs, according to local government work reports. Zhejiang province, which is a "demonstration zone" for China's common prosperity campaign, has set a more than 5% growth target this year, after missing its "around 6%" goal by half in 2022. Growth is expected to rebound to 4.9% in 2023, according to a Reuters poll. China is likely to aim for economic growth of at least 5% in 2023 to keep a lid on unemployment, policy insiders said. The tropical southern province of Hainan set an ambitious target of around 9.5% for 2023 growth, after the island's main tourist hub, Sanya, locked in tens of thousands of tourists last August.

☆ China's big cities are starting to look past Covid, while rural areas brace for infections
▼ + stars: | 2023-01-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +4 min

Subway passenger traffic in Shanghai is quickly returning to levels seen before the latest Covid wave, according to Wind data. Subway and road data show traffic in major cities is rebounding, he pointed out, indicating the worst of the latest Covid wave has passed. "The dramatic U-turn in China's Covid policy since mid-Nov implies deeper short-term economic contraction but faster reopening and recovery," Hu said in a report Wednesday. In the last several days, the southern city of Guangzhou and the tourist destination of Sanya said they'd passed the peak of the Covid wave. watch nowChongqing was the most congested city in mainland China during Thursday morning's rush hour, according to Baidu traffic data.

☆ China state media plays down COVID wave severity before WHO meet
▼ + stars: | 2023-01-03 | by ( Bernard Orr | ) www.reuters.com time to read: +5 min

The World Health Organization on Friday urged China's health officials to regularly share specific and real-time information on the COVID situation. The agency has invited Chinese scientists to present detailed data on viral sequencing at a meeting of a technical advisory group scheduled for Tuesday. The European Union has offered free COVID vaccines to China to help contain the outbreak, the Financial Times reported on Tuesday. China has rejected criticism of its COVID data and said any new mutations may be more infectious but less harmful. Data on Tuesday showed China's factory activity shrank at a sharper pace in December as the COVID wave disrupted production and hurt demand.

☆ China state media plays down severity of COVID wave before WHO meeting
▼ + stars: | 2023-01-03 | by ( Bernard Orr | ) www.reuters.com time to read: +5 min

REUTERS/Tingshu WangBEIJING/WUHAN, Jan 2 (Reuters) - Some people in China's key cities of Beijing, Shanghai and Wuhan braved the cold and a spike in COVID-19 infections to return to regular activity on Monday, confident of a boost to the economy as more recover from infections. But Monday's one new COVID death - flat with the previous day - among China's population of 1.4 billion does not match the experience of other countries after they re-opened. Cumulative deaths in China since Dec. 1 have probably reached 100,000, with infections at 18.6 million, it said. Airfinity expects China's COVID infections to reach their first peak on Jan. 13, with 3.7 million daily infections. China has said it only counts deaths of COVID patients caused by pneumonia and respiratory failure as COVID-related.

Experts say China could face more than a million COVID deaths next year. Authorities in Sanya on the southern Hainan island have lined up 18 pharmacies to distribute free drugs. mRNA VACCINES FOR GERMANSIn China, only deaths caused by pneumonia and respiratory failure after contracting COVID are being classified as COVID fatalities. Germany said it has sent its first batch of BioNTech (22UAy.DE) COVID vaccines to China to be administered initially to German expatriates. China has nine domestically developed COVID vaccines approved for use.

☆ PwC invests $140 mln in China tourist hub for learning centre
▼ + stars: | 2022-12-10 | by ( ) www.reuters.com time to read: +1 min

HONG KONG, Dec 10 (Reuters) - PwC said on Saturday it plans to invest more than 1 billion yuan ($140 million) to establish an education and innovation centre China's island province of Hainan, a tourism hub. The Reimagine Park project, to occupy 16 acres in Sanya in the Chinese southern province, is due to open in 2025. "I have absolutely no doubt the China market will rebound," Raymund Chao, chairman of PwC Asia Pacific and China, told Reuters, after Beijing this week eased many of the nation's strict COVID-19 curbs. The accounting and consulting firm partners with business schools such as INSEAD and Thunderbird School of Global Management to provide learning and training opportunities at the park for executives in the business community, it said. ($1 = 6.9559 Chinese yuan renminbi)Reporting by Selena Li; Editing by William MallardOur Standards: The Thomson Reuters Trust Principles.

HONG KONG, Dec 9 (Reuters Breakingviews) - The pandemic has helped Chinese authorities to keep a lot of money at home. With expectations rising for a full reopening of the country, including its international borders, capital outflows could be Beijing’s next headache. The People’s Republic supposedly has strict controls with cross-border cash transfers for citizens capped at $50,000 per year. Even so, jet-setting travellers splurged $255 billion abroad in 2019, boosting hotel revenue in Thailand and designer handbag sales in Paris. With pent up demand for spending overseas likely to be high, China might be tempted to look for benefits from keeping its borders shut.

REUTERS/Thomas PeterBEIJING, Dec 7 (Reuters) - Searches on Chinese travel sites surged and social media platforms were flooded with delight and relief on Wednesday as the public cheered the biggest loosening of some of the world's strictest COVID policies. CAUTIOUS OPTIMISM, EXHAUSTIONThe news was also welcomed by foreign business groups, many of which had become increasingly outspoken about the damage the zero-COVID policy was having on China's economy and the operations of their companies. "Timely implementation will help stabilise China’s economy and get life back to normal," the European Chamber of Commerce in China said of the 10 measures announced on Wednesday. It also urged China to roll out mRNA vaccines for domestic use as part of a vaccination drive with the elderly a priority. Reporting by Sophie Yu and Martin Pollard, Writing by Brenda Goh; Editing by Robert BirselOur Standards: The Thomson Reuters Trust Principles.

Passengers wearing face masks following the coronavirus disease (COVID-19) outbreak sit in a sightseeing bus during a night tour, ahead of the Chinese National Day Golden Week holiday in Beijing, China September 26, 2022. REUTERS/Florence LoBEIJING, Sept 29 (Reuters) - Travel during China's Golden Week holiday, which begins on Saturday, is set to hit its lowest in years, analysts say, as COVID-19 concerns spur calls for people to avoid travel and keep to their cities, while economic woes damp spending. If trips this holiday reached half the levels of 2019 and spending over the period reached 30% to 40% of holiday spending before the pandemic, that would amount to a "pretty good" result, he added. In the past two years, China's Golden Week travel and spending have fallen short of the levels of 2019, which racked up 782 million trips and tourism revenue of 650 billion yuan ($90 billion). Sanya "is not back", said Shirley, the manager of a luxury store in the city, where travel industry workers despair of the return of Golden Week tourists.

☆ (foto, video) Miss World 2015: A fost desemnată cea mai frumoasă femeie din lume
▼ + stars: | 2015-12-19 | by ( Onixmedia Srl | ) diez.md time to read: +1 min

Marea Finală a Miss World 2015 a avut loc sâmbătă, 19 decembrie, în orașul Sanya, China. Câștigătoarea celei de-a 65-a ediții a competiției a fost desemnată Miss Spania, Mireia Royo, o tânără de 23 de ani din Barcelona, care este studentă la Farmaceutică. Mireia Lalaguna a fost aleasă din cele 117 participante, dintre care au fost selectate sfert-finalistele, semifinalistele (Top 20), Top 10+1 (inclusiv alegerea publicului). Cea de-a 65-a ediţie a competiţiei Miss World s-a desfăşurat în perioada 21 noiembrie-20 decembrie. Ediția din acest an a fost marcată de scandalul în jurul reprezentantei Canadei, care va lipsi de la eveniment.

Persons: Maria, Sofia Nikitchuk, Anastasia Iacub, Julia Morley, Anastasiei Lin Organizations: Miss World, Miss, Mireia, World, Hotelul, Anastasiei Locations: Sanya, China, Miss Spania, Barcelona, Miss Indonezia, Miss Rusia, Miss Liban, Miss Jamaica, Moldova, Canadei, Beijing, chineză

Search resuls for: "Sanya"

17 mentions found