China’s High Earning Consumers Raidly Expanding

China’s High Earning Consumers Raidly Expanding






China’s High Earning Consumers Raidly Expanding China’s pool of high-earning consumers is set to surge in the next 15 years, their household spending growing to be greater than the EU’s current level, a report showed. The number of people earning more than $10,000 per year is expected to grow to around 480-M by Y 2030, […]






China’s Dalian Wanda Group Paying $1-B for Dick Clark Productions

China’s Dalian Wanda Group Paying $1-B for Dick Clark Productions






China’s Dalian Wanda Group Paying $1-B for Dick Clark Productions $AMC, $SNE China’s Dalian Wanda Group has added another entertainment trophy to its stable of overseas acquisitions, paying $1-B for Dick Clark Productions, the TV company that produces the Golden Globes and the “Miss America” pageant. Wanda is one of China’s most important conglomerates and […]






Dubai Business Conditions Improved in June

Dubai Business Conditions Improved in June






Dubai Business Conditions Improved in June The Emirate saw the fastest rise in new work since March 2015, according to the Emirates NBD index  Dubai’s private sector posted stronger growth in June, mainly due to improving business conditions in the travel and tourism and wholesale and retail sectors, according to the monthly Emirates NBD index. […]






Wanda City Opening to Rival to Shanghai Disney (NYSE:DIS)

Wanda City Opening to Rival to Shanghai Disney (NYSE:DIS)






Wanda City Opening to Rival to Shanghai Disney (NYSE:DIS) $DIS China’s Wanda Group on Saturday opened a RMB 40-B (US$6.1-B) theme park in the eastern city of Nanchang, capital of Jiangxi Province. Wanda Cultural Tourism City (Wanda City), is the latest rival to Shanghai Disney (NYSE:DIS) opening to the public in June. At the opening […]






China to Triple Spending on Tourism

China to Triple Spending on Tourism






China to Triple Spending on Tourism China’s spending in the tourism sector is likely to 3X by Y 2020, to RMB 3-T (US$460-B). China invested more than RMB 1-T in the tourism sector last year, an increase of 42% from one year earlier, Li Jinzao, head of China National Tourism Administration, said at the ongoing […]






Four Seasons Hotel Abu Dhabi Opens

Four Seasons Hotel Abu Dhabi Opens






Four Seasons Hotel Abu Dhabi Opens The 200-Room hotel is located on Al Maryah Island The third Four Seasons in the United Arab Emirates (UAE), and 1st in Abu Dhabi, saw its 1st guests Thursday. Located on Al Maryah Island, the 200-room hotel adjoins the Abu Dhabi Global Market Square,  the UAE capital’s new international […]