There’s been no joking as the apologies to China have come thick and fast in recent weeks, issued not by teenage singers but by some of the largest and richest multinational corporations in the world—the German luxury car manufacturer Daimler,...
The Chinese conglomerate Dalian Wanda Group has epitomized the country’s high-flying deal makers, building a vast global empire of theme parks, real estate developments, and movie theaters across the United States.
Beginning in 1981 when it opened its doors in the Chinese city of Wuxi in Jiangsu province, the Big Paddy’s Edge Inn attracted some of the city’s most colorful characters. The inn’s proprietor, Gu Qimei, charged a rock-bottom nightly fee of 6...
UN general assembly will be held at different hotel for first time in decades.
The sale allows the companies to “finally maximise the full value of this iconic asset on a full city block in midtown Manhattan,” said Christopher Nassetta, chief executive of Hilton Worldwide.
The new humility of both officials and hotels is a response to Xi's campaign against lavish spending.
Chinese hotels are downgrading to attract business from officials who are limited by “morality” campaigns.
Wanda, the world's No 1 movie theater owner, is planning a $10 billion spending spree to make Hollywood film co-productions and buy and build ...
Sky City and its 2,749 feet distributed over 220 floors will grow in just 90 days in Changsha city, at the rate of five floors per day.
