CHINA > Hilton Huizhou Longmen Resort opens in Longmen County, China

Hilton logo Hilton hotel opens its Hilton Huizhou Longmen Resort, the first Hilton property in China to feature natural hot springs, in Longmen County, China. The resort offers ultimate relaxation and hospitality in the south of China’s most picturesque destination. According to Sean Wooden, vice president, brand management, Asia Pacific, Hilton: “Rich woodland scenery and unique geothermal resources make Huizhou one of More …

CHINA > Chengdu Hi-tech Industrial Development Zone initiates a the “Golden Panda” talent plant which comprises of aspects such as introduction of talents, support for innovation, entrepreneurship assistance and accommodation assurance for human resources allocating $100 million every year

Chengdu logo new Known as the national treasure of China, the giant panda is famous all over the world. Chengdu which is considered the hometown of the pandas is now a world class science and technology zone. It is often compared to Silicon Valley of the US and Sophia Antipolis of France and the heart of Chengdu’s such recognition is Chengdu Hi-tech Industrial More …

CHINA > Italian Creation Group, a Milan based company is opening up 12 stores along the Silk Road in 2018

Italian Creation Group logo Italian Creation Group is set to open up 12 stores along the Silk Road out of which new stores in Mumbai, India; Hong Kong and Tokyo have already been opened and the stores in Shanghai, Foshan and Shenzen in China; Vietnam; Manila, The Philippines; Jakarta, Indonesia; Ahmedabad, India and Teheran, Iran are remaining. With the aim to expand its global More …

CHINA > US based Henniges Automotive establishes a 79,500 (7,391 square-meter) square foot facility in Suzhou, China

Henniges logo A leading global supplier of highly engineered sealing and anti- vibration system company, Henniges Automotive has opened a 79, 500 square (7,391 square-meters) facility in China. Located in the Taicang Port Economic and Technological Development Zone, Henniges has the option to double its size to support future growth. According to Larry Williams, president of Henniges Automotive: “As the automotive industry More …

CHINA > British Toy Retailer – Hamleys – opens its largest store worldwide in Beijing, China

hamleys logo British Toy Retailer – Hamleys – opened its third store in China which is also its largest store worldwide on December 23rd, 2017 to coincide with the start of Christmas festivities. The outlet is located in Beijing most famous shopping streets in China, Wangujing, which is quite similar to Oxford Street in London. The store encompasses 10,700 sqm which covers More …

CHINA > Germany based Rolls- Royce Power Systems and China Railway Rolling Stock Corporation (CCRC) have signed an agreement in Friedrichshafen, Germany for continuation to consider MTU engines from Rolls-Royce for CCRC

rolls royce logo The already highly productive relationship between Rolls-Royce and CCRC, with CCRC ordering around 500 MTU Series 4000 engines for locomotives used in New Zealand, Argentina and South Africa, have deepened both of their commitment to continuation of MTU engines by signing an agreement in Friedrichshafen, Germany. Both the companies have also agreed to collaborate on future power delivery solutions including More …

CHINA > Carlson Rezidor Hotel Group signs a management agreement for Radisson Zhengzhou with Henan Longzhu Hotel Management

Carlson Rezidor logo new The 210- key property that is scheduled to open in the first quarter of 2022, Radisson Zhengzhou is located at Zhengdong New District, Zhengzhou city in China. Carlson Rezidor Hotel Group signs a management agreement for this hotel with Henan Longzhu Hotel Management Co., Ltd. Zhengzhou is an emerging tier-one city with a hub for industries such as railroad, aviation, More …

CHINA > Invesco buys a majority stake in e-Shang Redwood (ESR) for RMB 2bn ($305.1 million)

invesco logo Forming a joint venture with the pan- Asian logistics developer, Invesco has bought a majority stake in Chinese logistic portfolio firm e- Shang Redwood(ESR) for RMB 2bn ($305.1 million). According to the two companies, the joint venture was designed for acquisition and ongoing asset management of the portfolio that consists of grade-A stabilized logistics real estate assets in China. According More …