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• China offers great opportunity for British companies

  As China seeks to move to higher value manufacturing and increase domestic consumption, British companies should seize the opportunity and increase investment in the world’s second-largest economy, British ambassador to China, Sebastian Wood said yesterday.

  The ambassador, speaking at the launch of the British Business Awards, meant to recognize British companies working in China, advised investors not to shy away from investing in the Asian economic power house even if its economy is showing signs of a slowdown. Noting that today China is the greatest growth story in the world, Wood said that China’s current slowdown was natural if growth was to be realized.

   

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• The race to attract China?s outbound travelers
  Spend the night at a hotel in Shanghai or Beijing, and in the morning you can expect to be treated to traditional Chinese breakfast dishes like congee and dim sum. What you may not expect is to see these same dishes appear alongside bagels and blueberry muffins at a hotel in the US or Europe. But in fact, this sort of culinary mingling is occurring with increasing regularity. It’s just one of the ways hotels are looking to appeal to the growing ranks of international travelers from China.

   

  The outflow of travelers from China, which not so long ago amounted to barely a trickle, is fast becoming a flood. Before the end of the decade, the World Travel Organization expects China will overtake Germany and the US as the top source of outbound travelers.

   

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• China to enter UK's Nuclear Industry

   EDF, the French utility, has been holding talks with China about building nuclear reactors in the UK, allowing the world’s second-largest economy to enter nuclear power industry of developed countries. 

  The move underlines growing pressure on the French company's internal finances and has reignited a fractious debate about Communist state-run businesses playing a critical role in sensitive western energy infrastructure, the businessgreen.com reported.

   

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