Latest news with #ShanghaiPudongInternationalAirport
Japan Today
25-07-2025
- Business
- Japan Today
Britain, Australia to deepen AUKUS commitment, economic ties
FILE PHOTO: Australian Prime Minister Anthony Albanese speaks to media after arriving at Shanghai Pudong International Airport in Shanghai, China, July 12, 2025. Albanese has travelled to China for a six-day visit. AAP/Lukas Coch via REUTERS/File Photo By Kirsty Needham Australia and Britain's defence and foreign ministers arrived for talks in Sydney on Friday on boosting cooperation, including deepening the two countries commitment to the AUKUS nuclear submarine partnership. Britain's Foreign Minister David Lammy and Defence Secretary John Healey were met by Prime Minister Anthony Albanese in Sydney, where talks are expected to focus on boosting trade ties and progressing the AUKUS partnership for Britain and Australia to build a new class of nuclear-powered submarine. The United States is reviewing the trilateral agreement struck in 2021, and has pressed Australia to increase defence spending to counter China's military build-up in the Indo Pacific region. A new British-Australian treaty will underpin each country's submarine programmes and is expected to be worth up to 20 billion pounds ($27 billion) to Britain in exports over the next 25 years, Britain's Ministry of Defence said. "AUKUS is one of Britain's most important defence partnerships, strengthening global security while driving growth at home," British defence minister John Healey said in a statement. The treaty "confirms our AUKUS commitment for the next half century," he added. Following the Australia-United Kingdom Ministerial Consultations (AUKMIN), ministers are scheduled to travel to the northern garrison city of Darwin, where the British aircraft carrier HMS Prince of Wales has arrived for the Talisman Sabre war games. As many as 40,000 troops from 19 countries are taking part in the Talisman Sabre exercises held from July 13 to August 4, which Australia's military has said are a rehearsal of joint war fighting that contribute to stability in the Indo-Pacific. Britain has significantly increased its participation in the exercise co-hosted by Australia and the United States, with 3,000 troops taking part. © (c) Copyright Thomson Reuters 2025.
The Star
16-07-2025
- Business
- The Star
Airlines may be reluctant to take aircraft deliveries on tariff uncertainty, IATA says
A Boeing 737-89P of Shanghai Airlines taxis at the Shanghai Pudong International Airport in Shanghai on April 17, 2025. (Photo by Hector RETAMAL / AFP) SINGAPORE: Airlines may be reluctant to take delivery of aircraft due to the ongoing tariff uncertainty and its impact on the cost of the aircraft, International Air Transport Association Director-General Willie Walsh said on Wednesday. "It's not just going to be a major Boeing and Airbus issue. It'll impact all aspects of the aerospace industry and have an impact on most, if not all, airlines as well," he said. Walsh was speaking at a media roundtable in Singapore. - Reuters Trading ideas: NationGate, Zetrix, Malakoff, YNHP, T7, Luxchem, Tomypak, Master Tec, Scope, PetGas, MBSB, Elridge
The Star
16-06-2025
- Business
- The Star
Shanghai-Geneva direct flight takes off
GENEVA, June 16 (Xinhua) -- China Eastern Airlines' inaugural direct flight linking Shanghai, China, with Geneva, Switzerland, landed here early Monday morning. Flight MU217 departed from Shanghai Pudong International Airport carrying 243 passengers, achieving a seat occupancy rate of over 85 percent. The aircraft arrived in Geneva at 7:25 a.m. local time and was greeted with a ceremonial water cannon salute, a traditional tribute reserved for major occasions in civil aviation. Operated by China Eastern Airlines, the new service will run four times weekly - on Mondays, Wednesdays, Fridays, and Saturdays. "Shanghai is a key gateway to China, and this connection will boost high-value tourism, business travel, and cultural ties," said Adrien Genier, CEO of the Geneva Tourism & Conventions Foundation. The foundation also noted that China remains one of Geneva's most important and fastest-growing long-haul markets as of 2024. "It will make travel between the two countries much easier - not only for tourists, but for diplomats and business travelers, who are particularly important in Geneva," said Yves-Daniel Viredaz, Head of Business Development at Geneva Airport. Liu Haiping, General Manager of the Europe Marketing Center at China Eastern, highlighted the impact of China's current 30-day visa-free entry policy for Swiss and some other European nationals. "We've seen strong growth across our European routes thanks to the visa-free policy, with Shanghai serving as a key gateway for travelers heading to and from China," Liu said.
Newsweek
02-06-2025
- Business
- Newsweek
China Expands Travel Access As US Threatens Student Visas
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. China has expanded the list of nations whose citizens can enjoy visa-free travel to the country, while in U.S., the government is seeking to crack down on the number of foreign students on American campuses. On Sunday, the Chinese government announced via state-run outlet Xinhua that it had begun trialing a policy which "unilaterally grants visa-free entry" to citizens from Brazil, Argentina, Chile, Peru and Uruguay. The government originally announced its intention to ease travel restrictions for the five nations in mid-May. Why It Matters The expansion of visa-free travel to China comes as the country spars with the U.S. over the ability of its citizens to study at American colleges. President Donald Trump's administration has said that pausing applications and revoking visas for Chinese students will "put America first, not China," but Beijing has urged the government to reconsider the plan. What To Know The government said that individuals from Brazil, Argentina, Chile, Peru and Uruguay will now be able to enter China for up to 30 days for "business, tourism, family visits, cultural exchange, and transit." In its announcement on Tuesday, Beijing described the move as "part of China's broader efforts to expand visa-free access in line with its commitment to high-level opening-up," and as signifying the deepening ties between China and Latin America. International travelers walk through an immigration checkpoint at Shanghai Pudong International Airport on May 30, 2025, in China. International travelers walk through an immigration checkpoint at Shanghai Pudong International Airport on May 30, 2025, in China. VCG via AP The five nations have also participated in the Belt and Road Initiative, a project conceived in 2013 that has seen China invest in infrastructure in over 150 nations. As well as enhancing economic ties, the strategy is widely considered an effort by Beijing to increase China's geopolitical sway and raise demand for its currency, the yuan. According to business intelligence platform China Briefing, there are now 43 countries whose citizens enjoy unilateral visa-free travel to China, alongside 26 mutual visa exemption agreements applying to holders of ordinary passports. Several other nations, including Russia and Azerbaijan, are permitted visa-free travel for tour groups of no less than five people. In addition, 54 countries including the U.S. and U.K are eligible for 240-hour visa-free transit, provided passport holders can show proof of their intention to travel to a third country. The latest announcement follows the news that the Trump administration had instructed embassies around the world to stop scheduling appointments for student visas, part of a wider effort to curtail both legal and illegal immigration into the U.S. In addition to halting international student visas, Secretary of State Marco Rubio announced last week the government's plan to "aggressively revoke" visas for students from China. What People Are Saying The Chinese government in its Tuesday announcement, said: "Economic ties between China and Latin America have also deepened significantly. Bilateral trade has doubled over the past decade, surpassing 500 billion U.S. dollars in 2024. Chinese exports, including electric vehicles, are increasingly popular in the region, while Latin American goods such as Chilean cherries and Argentine beef have become Chinese household staples. "China has been steadily adjusting and optimizing its visa policies to boost cross-border mobility," it added. "Since late 2023, the country has rolled out a series of traveler-friendly measures." The U.S. State Department, in an announcement last week, said: "Under President Trump's leadership, the U.S. State Department will work with the Department of Homeland Security to aggressively revoke visas for Chinese students, including those with connections to the Chinese Communist Party or studying in critical fields." What Happens Next? The policy on visa-free access is set to remain in effect until May of next year. As well as pausing student visas, the State Department said it plans on revising visa criteria "to enhance scrutiny of all future visa applications from the People's Republic of China and Hong Kong."
The Star
02-06-2025
- Business
- The Star
Airlines warn over weakening of global trade rules
A Boeing 737-89P of Shanghai Airlines taxis at the Shanghai Pudong International Airport in Shanghai on April 17, 2025. (Photo by Hector RETAMAL / AFP) NEW DELHI: The head of a global airlines industry body warned on Monday of damage to the economy and the air travel sector from growing trade barriers. "Like all forms of connectivity, flying makes the world more prosperous," International Air Transport Association (IATA) Director General Willie Walsh said at the group's annual meeting in New Delhi. "That stands in contrast to isolationism, trade barriers and the fragmentation of the multilateral rules-based system. These destroy wealth and lower living standards. For the times we live in, this is an important message," he said. IATA shaved a key forecast for 2025 industry-wide profits on Monday, blaming trade tensions and declining consumer confidence, while hitting out at "unacceptable" delays in jetliner deliveries that have hindered their growth plans. Sweeping tariffs imposed by U.S. President Donald Trump have stoked fears of an economic slowdown and squeezed discretionary spending, prompting many consumers especially in the United States to delay or scale back travel plans. They also threaten a decades-old pact between more than 30 countries to eliminate duties on aircraft and their parts. Walsh called for governments to "keep aerospace out of trade wars". IATA represents some 300 airlines accounting for more than 80% of global traffic. - Reuters
