Travel from China to Asia Pacific region jumps ahead
Travel from China to Asia Pacific region jumps ahead
Chinese outbound travelers have contributed to double-digit growth in the number of people visiting the Asia-Pacific region, taking the estimated 45 million arrivals in 2010 to as much as 60 million in 2011, according to the Pacific Asia Travel Association (PATA).
Read more on People’s Daily
US stocks rise but dollar falls
US stocks rose after world finance leaders pledged to better balance global trade but with no concrete plans in place to avoid a currency war, the dollar fell.
Read more on Sydney Morning Herald
Asian markets see muted gains after G20 meeting
HONG KONG – Asian markets were mostly up on Monday as traders gave a tentative welcome to an agreement by the Group of 20 nations to avoid a potential currency war and work to resolve global trade imbalances.
Read more on AsiaOne