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MARKET WATCH
Authors:LIU YUNYUN
Abstract:Nuclear power projects under construction in China in 2009 were the most numerous in the world in terms of installed capacity. Chinese telecom operators geared up for 3G competition as the market is expected to grow with an improved network and wider consumer acceptance. Chinese tourists to France overtook Russians to become the biggest spenders in duty-free stores. Mainland travelers to Hong Kong are expected to contribute 30 percent to the region’s Spring Festival consumption. This year’s Boao Forum for Asia, an Asian version of the World Economic Forum, will focus on environmental efforts and the green economy. Insurers reaped a bumper harvest in 2009 as reflected in their surging profits.
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