China’s top hotels shed stars to woo austerity-hit customers

More than 50 of country’s five-star establishments want to downgrade to attract officials forced to shun the high life

China started construction of 4.7-bln-USD tourism project in Tibet capital

Construction of 4.7-bln-USD Tibet tourism park launched in Lhasa Chinastarted construction on a 30-billion-yuan (4.7 billion U.S. dollars) culture and tourism park in Lhasa, capital of southwest China’s Tibet autonomous region. The park, with a planned area of 800 hectares 2 km from downtown Lhasa, is expected to be completed in three to five years, … Read more