The luxury hotel market blossoms in China
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The luxury hotel market blossoms in China

International luxury hotel chains are rapidly expanding in China anticipating tourism revoke after COVID. Luxury hotels want to take advantage of┬áthe increased number of tourists in China in 2023 Despite being the main competitor of the USA, China is still in the middle of a social and economic transformation due to the fastest-growing middle class….

Sales are recovering in China according to top U.S. firms
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Sales are recovering in China according to top U.S. firms

Investors are watching China closely for the economic trend following the coronavirus. Recent earnings reports from leading Western companies with a strong presence in China are encouraging. Of course, data from China itself has suggested that a rebound is beginning to take hold. But many investors and economists believe that official Chinese government figures contain…