COVID outbreak hits China's services, travel, hospitality sectors; Air China stock will struggle to lift off.
96,000 Chinese hotel enterprises go under in first half of 2021, up by 24.7% from last year; State airlines shy away from HNA restructuring.
MakeMyTrip sells an investment for $38.5 million; Airbus’ edge over Boeing in China under threat.
Chinese officials respond to school reopening, travel concerns; China’s antitrust regulator planning to fine Meituan about $1 billion.
COVID-19 devastates the world, but China becomes top domestic market for first time; Sports tourism increasingly popular among China’s young generations.
HNA Group delays submitting restructuring plan till November; Meituan upgrades assurance services for unused travel orders due to the epidemic.
Domestic airlines to offer free ticket refunds amid COVID-19 outbreak; Boeing 737 MAX departs for key test flight in China.
Sports tourism increasingly popular among China’s young generations; Resurgence of coronavirus sends chill through hot summer tourism market.
