IHG Launches Online Chinese Card Payment
InterContinental Hotels Group has announced the first deal by an global
hotel group in China for accepting locally-issued bank cards for online
hotel reservations. The company has signed a partnership with online
payment company ChinaPay to give Chinese guests who do not carry
foreign bank cards the option of making an online booking payment.
Previously, only international credit cards were accepted by hotel
websites for online bookings, and all payments were completed during
check-out.
Apple Opens First Store in China
Apple will open its first own store in Beijing's Sanlitun area in
August, Sina.com reports. This will be the first direct-run store for
the American computer producer in China (except Hong Kong). The 1,000
sq m store will comprise three floors. Apple entered the Chinese market
15 years ago through sales agents. Today, there are more than 400
approved Apple outlets China.
Telefonica Earmarks EUR1 bn for China
Spain's leading telecommunications operator Telefonica said it will
increase its sourcing budget to EUR1 bn in China. The company has also
announced its outsourcing standards, procedures and key product
catalogue, state media reports. Telefonica became a shareholder of
China Netcom in 2005, and increased its stake to 7.22 per cent in early
2008. After the merger of China Unicom and China Netcom, the Spaniards
will hold about two per cent of the new company.
Chinese Airlines Fly to Taiwan
Air China, China Southern Airlines and China Eastern have received the
nod to fly to Taiwan after an agreement eased 59 year long restrictions
on direct flights between China and Taiwan. China three largest Chinese
carriers will fly four times a week each. Hainan Airlines, Xiamen
Airlines and Shanghai Airlines will operate two weekly flights to
Taiwan, the Civil Aviation Administration said.
News & Interviews 
(0 vote)
