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Mainland-HK border to reopen; Normal days are back as Chinese show enthusiasm toward overseas travel

Ahead of the policy of gradually resuming international travel taking effect on January 8, the State Council s Joint Prevention and Control Mechanism issued a notice on Thursday to reopen the borders between the Chinese mainland and the Hong Kong and Macao special administrative regions (SARs) on January 8.

China protests fuel some bets for an earlier zero-Covid exit

BEIJING (Bloomberg): Swelling protests against China’s virus-induced curbs may end up encouraging President Xi Jinping to accelerate the nation’s exit from zero-Covid, according to some market watchers.

Alibaba arm to invest $38m in loss-making Chinese tour operator UTour

The deal, once approved, will enable Alibaba to double its stake in Shenzhen-listed UTour to 11.06%, becoming its second-largest shareholder.

CX Daily: South Korea Likely To Outpace China In New Shipbuilding Orders In Second Half, Report Says

CX Daily: South Korea Likely To Outpace China In New Shipbuilding Orders In Second Half, Report Says Since last year, demand for shipping has grown rapidly, as a number of countries import more daily necessities and medical goods and equipment due to Covid-19-induced disruptions in their domestic production. Photo: VCG Shipbuilding / China is on track to be overtaken by South Korea in shipbuilding orders in the second half of the year, a new report argues, as rising raw material costs erode local shipbuilders’ advantages and discourage them to seek new business while those in their eastern neighbor rack up orders.

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