Bloomberg Radisson Hospitality Inc. is plunging ahead with a plan to triple capacity in China over five years, despite its expectation that a looming trade war with the US will damp travel demand in the country. The chain controlled by China’s HNA Group Co., the aviation-to-hotels conglomerate, has 15 hotels in the country for a total 4,147 rooms, with 16 ...

Bloomberg China spent more than $48 billion across East Asia and the Pacific between 2000 and 2016 to reward countries that consume its products and support its foreign policy positions, a new report has found. Infrastructure investment dwarfed other arms of Chinese public diplomacy over the period, according to a study by US research lab AidData released on Wednesday, totalling ...

Bloomberg This is John Flannery’s General Electric Co. — and so far, Wall Street likes it. A year after being named chief executive officer, Flannery took the boldest steps yet to revamp the sinking corporate titan, unveiling plans to pull GE out of the health-care and oil markets. By slimming it down and reorienting around power, renewable energy and aviation, ...