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News from China
Hilton Shanghai set to rebrand in 2018
7th September 2017

 HILTON Shanghai, the first Hilton hotel on the Chinese mainland and one of the city's earliest international five-star hotels, will be rebranded from next year after operating for nearly three decades under the Hilton brand as the property's management contract with Hilton Worldwide will terminate in four months.

 
From January 1st, 2018, the hotel on Huashan Road in downtown Jing’an District “will no longer be operated by Hilton Hotels & Resorts,” according to a statement posted on its official website yesterday.
 
It remains unknown yet which hospitality group, from home or abroad, will manage the hotel next year.
 
A stone’s throw from Jing’an Temple, the 714-room property was a synonym for luxury when it first opened its doors in June 1988 when the city’s hospitality industry was just starting to develop.
 
For the past 30 years, numerous celebrities from around the world had stayed at the hotel, which was extremely popular among Western superstars who performed in the city particularly during the 1990s. The late pop diva Whitney Houston booked 180 rooms and suites at the hotel.
 
Tennis stars including Andre Agassi, Lleyton Hewitt and Roger Federer also chose to stay at Hilton Shanghai when they made their debut in the Tennis Masters Cup in 2002. The hotel later served for more than 10 years as the official hotel sponsor of the Tennis Masters Tournament.
Source: Shanghai Daily, September 7, 2017
India ready to work with China on beneficial ties
6th September 2017

 CHINESE President Xi Jinping said yesterday that healthy and stable relations between China and India are in line with the fundamental interests of their people.

 
China is willing to work with India to improve political trust, promote mutually beneficial cooperation, and push Sino-Indian ties along the right track, he said.
 
Xi was meeting Indian Prime Minister Narendra Modi in Xiamen after the 9th BRICS Summit.
 
China and India should see each other as development opportunities rather than threats, Xi said, adding that peaceful coexistence and win-win cooperation are the only right choices for the two countries.
 
India should see China’s development correctly and rationally, he said.
 
Modi agreed that India and China should not see each other as rivals and should instead make cooperation the focus of bilateral relations.
 
He said India is ready to work with China to develop stable ties.
 
Modi said he expects the leaders of the two countries to maintain close communication and play a leading role in developing ties.
 
Xi said the leaders of China and India had in recent years reached wide consensus on how to advance bilateral ties, agreed on building a closer partnership, and set long-term development goals.
 
The meeting came after a military stand-off lasting more than two months with more than 270 Indian troops with two bulldozers crossing the boundary in mid-June into the Dong Lang area, which is Chinese territory, to obstruct infrastructure construction.
 
On August 28, China confirmed that India had withdrawn personnel and equipment from Dong Lang, and said Chinese armed forces would strengthen patrols and defense of the area.
 
Xi said the two sides should maintain mutual respect, seek common ground while shelving differences, and safeguard peace in border areas.
 
China and India should also strengthen coordination on global affairs to strive for a fairer and more just world order, he said.
Source: Shanghai Daily, September 6, 2017
Diesel falls as German car sales climb
4th September 2017

 SALES of new cars in Germany rose in August, official figures showed yesterday, but uncertainty over the future of diesel saw registrations of vehicles powered by the fuel continue to slide.

 
The total number of new registrations on German roads rose by 3.5 percent compared with the same month in 2016, the federal transport authority KBA said, reaching almost 254,000 vehicles.
 
That was faster than growth of 1.5 percent in July.
 
Registrations of diesel cars fell by almost 14 percent year on year last month.
 
Prospective buyers in Europe’s largest economy have been spooked by politicians’ response to mass cheating on regulatory emissions tests to conceal excessive levels of nitrogen oxides.
 
Some cities are mooting bans on heavily polluting vehicles at certain times to tackle the resulting air pollution.
 
Chancellor Angela Merkel said she was “working to prevent driving bans” as a gathering of mayors of badly affected cities and towns got underway ysterday.
 
Over the year from January to August, only around 40.9 percent of new cars registered were diesel-powered, the VDA auto industry federation said, down from 46.7 percent over the same period last year.
 
Looking at the different brands, Volkswagen — at the heart of the diesel scandal — was the largest single carmaker by registrations, with 43,500 or 17.2 percent of the total.
Source: Shanghai Daily, September 5, 2017
China ends 727 steel plants for ‘ditiaogang’
31st August 2017

 CHINA has closed 727 steel plants for producing “ditiaogang” — low-quality steel made from scrap metal — since authorities called for eliminating such production at the end of last year.

 
A list of such plants categorized by provinces was published on csteelnews.com, the China Iron and Steel Industry Association’s website.
 
A total of 28 provinces have cracked down on local low-quality steel producers following the central government’s command last November.
 
They have also named the companies, which were integrated by the association’s website into the list.
 
Liaoning Province tops the list, closing down 66 companies producing the low quaity steel, followed by Jiangsu Province and Sichuan Province, which each closed 63.
 
Other provinces which have shut down more than 30 such plants include Yunnan, Shandong, Hebei and Fujian.
 
The low-quality steel problem is nationwide and includes remote regions such as Tibet and Xinjiang. But most illegal plants are along the east coast. Provinces such as Jiangsu and Shandong are among “the most afflicted areas” the National Development and Reform Commission says.
 
The list does not include the capacity of the plants. But lwo-quality steel production has been reduced by at least 120 million tons in the first half of the year, various media outlets have reported, quoting Industrial Securities.
 
Authorities have been urging local governments to overhaul steel industry operations in their areas and close such plants.
Source: Shanghai Daily, August 31,2017

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