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Great investment opportunity. Restaurant with housing for sale – Barcelona – Spain

Exclusive property of 6,800 m2 of land, 1,800 m2 built, with area adapted as housing of 250 m2. Restaurant with 30 years of history and great experience in hospitality, fully operational. Located in a rural area only 20 min. from Barcelona. It consists of 3 large saloons, one of 330 m2 and two of 168 m2, with an approximate capacity of 600 people. Large terraces and garden areas for cocktails outside, with great views and large private parking area. Perfect for celebrations of banquets and events. Each saloon has its own bathrooms. Air conditioner. Kitchen equipped with refrigerated chamber.

  • 6,800 m2, 1,800 m2 built.
  • Air conditioning and heating.
  • Fully equipped kitchen, with cold room.
  • Access for the handicapped.
  • Swimming pool (50 m)
  • Parking area.
  • 3 saloons
  • Terraces and garden area
  • Fully operational
  • Capacity for 600 people

Great investment opportunity.

For more information and visits send an email to: office@monliasia.com

 

 

Spain is launched by the new young and independent Chinese tourist

Spain today took a new step to continue to win the growing Chinese tourism with the launch of the website in Mandarin HelloSpain.cn, especially aimed at the new young Chinese tourist, who travels independently and who goes to social networks to plan their travel.

The web, managed by Turespaña, has the objective of reaching a segment, that of Chinese travelers “for free”, which since 2015 already exceeds that of traditional group visitors arriving Through agencies.

It seeks to capture a traveler born after 80, “with a command of languages and technology,” said Turespaña advisor in China, Dario Polo, adding that the website is specially optimized to be used through Smart phone, given the extensive use of this among young Chinese.

“It is designed with one hundred percent in mind for a Chinese tourist who has never traveled to Spain,” Zhu Fangfang, the head of the Turespaña press in China, told that through of it, travelers can plan itineraries and know data Of interest to prepare the trip for themselves.

The initiative responds to a new trend among the young generations of Chinese who scorn the trip to Europe in a group made by their parents or grandparents.

“The traditional tourist (Chinese) has been the tour operator, an elderly person to whom his children pay the trip and who goes to Spain once, but the potential market is that of the millenial generation,” explained Mr. Polo, in reference to the young Chinese who are now between their 20s and 30s.

A “middle-upper class traveler, who lives in the city and who visits the cities, not so much the beaches”, that “dominates English and does not need help from guides,” he added.
The page is illustrated with images that have sent Chinese tourists of this type after a call from Turespaña in the local social network WeChat, and on its cover shows a relatively little known destination for the citizens of this country such as the Basilica del Pilar in Zaragoza.

A sample that tries to leave the topic, diversify and offer new experiences on the road.
“Historically this market has focused on Barcelona in an overwhelming way, after Madrid and Andalusia, but Spain is much richer and more diverse, with a number of huge attractions,” Polo told.
“The generation of the 80s and 90s is traveling to Spain at the same level as any young international tourist,” said Zhu, who said that above monuments and museums these new Chinese travelers are pursuing “experiences”, which can pass through a flamenco show, A soccer match or go for “tapas” by the bars.

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The presentation is announced shortly after it was known that Spain has been the country of the world in which Chinese tourism has grown most during the Lunar New Year (January-February), the highest travel season in China.

In those festivities the trips of Chinese to Spain in 2017 have increased in 88.7 percent, and the country has been those days the European destination with more Chinese visitors, when in 2015 it was only the fifth, according to data published by the firm Of ForwardKeys analysis.

“The time that makes in Spain during the Chinese New Year, in another (European) country, will not find it,” said Polo as a possible explanation for this success, but another important factor for the increase has been that four Chinese airlines opened direct flights with Spain in 2016.

In 2017 this trend will continue with the opening on May 2 of the new Barcelona-Shanghai route, chartered by Air China, and the one that Cathay Pacific will inaugurate on July 2 between the City and Hong Kong.

Spain, the third world tourist destination in 2016 with 75.2 million visitors, received 580,000 Chinese travelers in that year, 46 percent more than in the previous year.

Trabajadores de Tien en Barcelona

Chinese tourism in Spain last year made headlines for the group trip organized by Chinese biotechnology firm Tiens for 2,500 of its employees, received by Spanish authorities wherever they went.

A stamp that could be repeated in 2017, as for the second half of this year a similar incentive trip is prepared by another Chinese pharmaceutical company, C & S, for 3,000 of its employees.

Source EFE. 

China to build 136 new airports

New developments to range from major international airports to regional transport hubs
The Chinese government will construct 136 new airports by 2025, it has been revealed.

The China Daily cited “government sources” as revealing the plans on Wednesday, saying that the new facilities would range from major international airports to regional transport hubs. The strategy is being drawn up by the country’s National Development and Reform Commission and the Civil Aviation Administration of China (CAAC).

At the end of 2015, China had 207 civil airports and this number is expected to increase to around 260 by 2020. Major new developments include Chengdu Tianfu International Airport and Beijing Daxing International Airport, both of which are expected to have a capacity in excess of 80 million passengers per year.

beijing-new-airport-terminal-building

In 2015, China’s airports handled 910m passengers, but this total is expected to surge to 1.5 billion passengers by 2020 and 2.2bn by 2025.

Source: Written by:Mark Elliott   http://www.traveldailymedia.com/248282/china-to-build-136-new-airports

China: Recent postive economic data may be papering over the cracks

Source: http://www.focus-economics.com/blog/china-encouraging-august-economic-data-papers-over-the-cracks

China’s economy has been a bit of an enigma since the summer of 2015 when the country’s previously booming economy started to show signs of vulnerability. A combination of structural changes, subdued global demand and domestic challenges such as overcapacity in certain sectors and high corporate debt led growth to fall to a 25-year low for the full year 2015. It didn’t get much better from there, as economic activity continued to decelerate at the outset of the year. The Q1 economic expansion of 6.7% represented the weakest since the height of the global financial crisis in Q1 2009. The economy unexpectedly started to look better in Q2, as support from Chinese authorities prompted economic activity to stabilize. This trend continued into Q3, as encouraging economic data for August has shown that in addition to government spending, a booming housing market have supported growth. However, many of the same issues that plagued China’s economy in 2015 persist and there are concerns among analysts that decreasing private investment and a potential housing bubble could be detrimental in the longer term.

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Click on the image to open a full-sized version

Taking a closer look at some of August’s economic data we see that industrial production, which measures the output of the industrial sector, typically comprising of mining, manufacturing, utilities and, in some cases, construction, expanded 6.3% over the same month of last year. The reading exceeded the 6.0% rise observed in July and overshot the 6.2% increase market analysts had expected, representing the fastest expansion since March of this year.

The Purchasing Managers’ Index (PMI) is an indicator of the economic health of the manufacturing sector. It is based on five major indicators: new orders, inventory levels, production, supplier deliveries and the employment environment. China’s PMI jumped from 49.9% in July to 50.4% in August, which exceeded market expectations of a 49.8% increase and represented a 22-month high. China’s PMI is now sitting in expansionary territory above the 50% threshold and reflected strong gains across the board. Employment hit a 17-month high and input prices—a reliable leading indicator for producer prices—increased markedly in August, suggesting that deflationary forces are gradually abating. Despite remaining in the red, new exports hit a three-month high.

Nominal retail sales grew 10.6% year-on-year, which was above the 10.2% increase recorded in July and expected by market analysts. August’s print was mainly the result of stronger sales for automobiles as well as for oil and oil-related products.

China’s downtrend in fixed-asset investment seems to have abated. In the first eight months of the year through to August, urban fixed-asset investment (FAI), excluding rural households,expanded 8.1% over the same period last year, which came in above the 7.9% rise the markets had expected. Property investment growth was up to 6% in August, which was up 5.4% during the same period from January to August of the previous year.

China’s housing market appears to be booming again, as housing sales were up 25.6% in the first eight months of the year compared to the same period a year ago while the latest data onhouse prices showed they expanded a record rate in August, jumping 9.2%, marking the fastest expansion in over 2 years.

So, what has some analysts concerned?

As has been the case for much of this year, there are fears that the recent encouraging economic data papers over the cracks of some of the real issues at the heart of China’s economy; many of those issues have persisted since last year when economic growth fell to a 25-year low. Investment and Industrial production appear to have stabilized, add in a booming housing market, and the Chinese economy looks pretty good. However, some analysts are concerned that the majority of that investment is from the public sector and that the booming housing market smells a bit like a housing bubble. Bubbles tend to burst.

The high property values are not only sparking fears among some of a housing bubble getting ready to burst, but that excessive inflows into the housing market due largely to the ever-increasing loans will fuel China’s already problematic debt level.

Chinese banks appear to be giving out loans like candy, extending CNY 949 billion (USD 142 billion) in new yuan loans in August, which was far more than July’s CNY 464 billion. August’s print also overshot the CNY 750 billion the markets had expected by quite a bit. In the 12 months up to August, new yuan loans totaled CNY 11.8 trillion (July: CNY 11.7 trillion). According toBusiness Insider, medium and long-term new loans to households in August, which are comprised of mostly mortgages, jumped 32.2% year-over-year.

A survey conducted by the People’s Bank of China, published on 19 September, had some interesting results regarding house prices and prospective buyers. 53.7% of the respondents said that housing prices were “high and hard to accept” while 42.9% responded with “acceptable.” 23.1% expected them to rise next quarter, and 11.9% expect them to fall. According to the survey, “the ratio of residents who were prepared to buy a house within the next three months increased 1.3% from the third quarter to reach 16.3%.”

Wolf Richter, editor-in-chief of Wolf Street, couldn’t have put it better when he said, “that’s a lot of people ‘prepared to buy a house,’ even with prices ‘high and hard to accept.'”

He went on to say that, “there are several remarkable things in this survey: the worried tone in terms of the soaring prices, the increased desire to buy because, or despite, of the soaring prices, and the fact that this survey came via the official party organ from the PBOC which has been publicly fretting about the housing bubble, the debt bubble that comes along with it, and what it might do when it deflates.”

Apart from the booming housing market, Investment in August, mentioned previously, stabilized at 8.1%. However, taking a closer look at the numbers reveals that there is a vast discrepancy between public and private sector investment suggesting that government spending is one of the only things keeping industry afloat along with the aforementioned cheap credit handouts. Public sector investment in the first eight months of the year grew 21.4% compared to the same period last year. Private sector investment, meanwhile, grew 2.1% over the same period.

Much of that public sector invesment appears to be going into Chinese industrial sector where a factory oversupply continues to be a problem as the government pours money into unprofitable factories of basic materials such as steel, aluminium, and diesel, to keep them afloat. Not only does it cast doubts over the quality of the industry growth in China, but the overproduction of these basic materials has driven down prices and crippled competitors across the world. This presents downside risks to not only China’s economic outlook, but the global economy as this continuing aid for factories has led to increased trade disputes and protectionist sentiment.

According to Ricard Torné, Head of Economic Research at FocusEconomics, “As states seek to defend their interests in a context of weak global growth, industrial overcapacity in certain sectors threatens to become a major trigger of global disputes. Moreover, some global leaders blame overcapacity mainly on China’s production practices. Some countries claim that the Chinese authorities are keeping certain industries afloat mainly through cheap credit and government support, which translate into lower production costs and, ultimately, slumping export prices.”

The economic figures do point to a stabilization of economic growth in the short term, however, longer-term issues persist. Our growth forecast for 2016 is unchanged this month at 6.6%, which falls within the PBOC’s growth target of 6.5%-7.0% growth for this year.

So, what now?

China’s economy bears watching as increased credit loans and especially government spending cast doubts over the quality of their growth. According to Eswar Prasad, a Cornell University professor and former China head for the International Monetary Fund, “the latest slew of economic data points to a stabilization of growth but also heightens concerns about a continued investment binge.”

Chinese authorities appear to be walking a tightrope. On the one hand they are publically fretting over growing debt and increasing house prices, on the other hand, as industry is a big part of China’s economy, they won’t want to cut investment for fear that a sharp downturn in economic activity could ensue. All that can be done is to sit back and watch.

Date: September 22, 2016

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Source: http://www.focus-economics.com/blog/china-encouraging-august-economic-data-papers-over-the-cracks

Shenzhen’s Import of fruits reached a new height, 1st quarter 2016

Shenzhen is China’s largest port of importing fruits. In the 1st quarter of this year, Shenzhen inspection and quarantine bureau supervised and managed 13,280 batches of fresh fruits with total weight of 274,400 tons and total value of USD 699 million.

According to the statistics, during the 1st quarter, the imports of longan, grape, cherry, plum, orange and other 22 varieties were from 25 countries and regions, of which Chile, Peru and the United States became Shenzhen`s top three imported fruits’countries of origin. The fruits import of Mexican avocado, French kiwi, American lemon, Australian grape, New Zealand pear. etc. were all increased to a great extent.  In the meantime, the new increase in imports of Greek kiwi, Spanish grape, Israel orange, Pakistani orange and Cyprus pomelos provided more choices for Chinese consumers.

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