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China

Space

China names its upcoming lunar exploration assets

Lunar lander is ‘Lanyue’ and crew spaceship is ‘Mengzhou’ China has officially disclosed the names of its forthcoming lunar exploration assets, marking a significant stride in the nation’s space endeavours. The lunar lander, set to transport Chinese astronauts (also known as taikonauts) to the moon’s surface, is named ‘Lanyue’ or ‘Embracing the Moon’, drawing
NEWS DESK

Deutsche Hospitality rebrands to H World International

Deutsche Hospitality, a well-known European hotel company with German roots, is rebranding to H World International to drive the expansion of its ownership group, H World, outside of China. All of H World International’s brands will be part of the H Rewards global loyalty program and online booking platform. The brand family includes Steigenberger Icons, […]
Banking Corporate

Saxo Bank concludes fintech JV sale to Geely Group

Danish bank will now focus on core markets and clients Copenhagen, Denmark-headquartered Saxo Bank has formalised the sale of Saxo Geely Tech Holding A/S (Saxo Fintech), a world-class fintech pioneer, to Geely Financials Denmark following the signing of relevant agreements. The divestment of Saxo Fintech shares marks the end of Saxo Bank’s ownership of the […]
Business

The 12th Lynk & Co Club Opens in Hangzhou

HANGZHOU, China — Strengthening its global presence, the innovative automotive brand Lynk & Co has inaugurated its 12th Lynk & Co Club in Hangzhou, the host city for the upcoming Asian Games. Nestled by the scenic West Lake, this club sets out to reimagine the automotive lifestyle experience for open urbanites worldwide. The Lynk & […]
NEWS DESK

“Enhanced Air Connectivity with China a Key Opportunity for Saudi Arabia’s Tourism Industry” – ACP CEO

Riyadh, Saudi Arabia, June 12, 2023: As part of an ongoing effort to deepen ties between China and Arab partners, Riyadh and Beijing are stepping up efforts to improve air connectivity between these fast-developing economies. At the recently held Arab-China Business Conference in Riyadh, attendees from China and the Arab world explored new avenues for […]