Posts tagged ‘Kiev’

20/12/2014

Chinese warm to Russia in the winter – China – Chinadaily.com.cn

Chinese travelers have been flocking to Russia in recent days to cash in on the weak rouble.

Chinese warm to Russia in the winter

Bitter weather means that winter is usually the offseason for Russian tourism, and some Chinese travel agencies even stop selling tours to the country from October to June.

But this winter, the ailing rouble has stoked Chinese traveler’s enthusiasm for heading north.

Online travel agency Tongcheng Network Technology Share Co, in Suzhou, Jiangsu province, recently launched winter tour services to Russia for the first time. The agency said it has received 113 percent more bookings in December than in November.

“The number of bookings and inquiries increased sharply as the rouble depreciated significantly,” said Liu Qing, chief executive officer of Tongcheng’s Outbound Tourism Department.

Ctrip.com International, the largest online travel agency in China, said inquiries about Russian tours rose by 100 percent month-on-month in December.

Dai Yu, marketing director of Ctrip’s Tourism Department, said winter tours to Russia are about 60 percent cheaper than summer ones and the cost has fallen further due to the weak rouble.

Group tours to Russia usually last for six to eight days, with recent prices quoted at between 5,000 and 8,000 yuan ($815 to $1,300), much lower than tours to Western Europe.

Zhang Jing, 32, from Beijing, said she plans to book a low-priced tour to Russia for her parents. “It is a good deal to go now,” Zhang said, adding that her parents will choose between leaving at New Year‘s or Spring Festival in February.

Travel industry insiders said Russia will be a popular choice for Chinese visitors during the seven-day Spring Festival holiday.

Some agencies have already sold Spring Festival tours, although most travelers will only make their plans in the next month.

Liu said, “We can’t estimate how many travelers will book tours for Spring Festival, but we have already seen a dramatic rise in bookings.”

China is the main source of tourists to Russia, with their numbers increasing by 10 percent year-on-year in the first nine months of 2014, according to the Russian tourism authority. The number of tourists from Russia, the third-largest source of inbound tourists to China, continues to fall and will worsen due to the weakening rouble.

via Chinese warm to Russia in the winter – China – Chinadaily.com.cn.

26/03/2014

China says supports international financial aid for Ukraine | Reuters

Ukrainian Finance Minister Oleksander Shlapak says he is negotiating with the International Monetary Fund for a loan package of $15 billion to $20 billion because the economy had been severely weakened by months of political turmoil and mismanagement.

Civilians entering Ukraine (L) have their passports checked as Ukrainian border guards (R) stand at a Russian-Ukrainian border crossing near the village of Uspenka, in eastern Ukraine March 25, 2014. REUTERS/Yannis Behrakis

U.S. President Barack Obama has also urged the IMF to reach agreement swiftly on a financial support package for Kiev, which would unlock additional aid from the European Union and Washington.

Asked about aid for Ukraine, China, whose President Xi Jinping discussed Ukraine with Obama on Monday, said that the government “upholds the maintaining of Ukraine’s financial stability”.

“International financial organizations ought to get down to dealing with this, to ensure Ukraine’s financial and economic stability,” foreign ministry spokesman Hong Lei told a daily news briefing.

He did not elaborate, instead repeating that China had proposed setting up an international coordination mechanism to look for a political solution to the crisis over Russia’s annexation of Ukraine’s Crimea peninsula.

China, he said, hoped all parties in the international community would take no actions to worsen the situation.

China has adopted a cautious, low-key response to the crisis, not wanting either to alienate key ally Russia or comment directly on the referendum in which Crimea voted overwhelmingly to join Russia, lest it set a precedent for its own restive regions, like Tibet.

via China says supports international financial aid for Ukraine | Reuters.

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