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Ralph Jennings

Ralph Jennings

Hong Kong
Correspondent, Political Economy
Ralph Jennings joined the Political Economy desk as a Senior Reporter in August 2022 having worked as a freelancer since 2011. Ralph previously covered news for Thomson Reuters in Taipei and for local newspapers in California. He graduated from University of California, Berkeley with a bachelor’s degree in mass communication.
Ralph Jennings joined the Political Economy desk as a Senior Reporter in August 2022 having worked as a freelancer since 2011. Ralph previously covered news for Thomson Reuters in Taipei and for local newspapers in California. He graduated from University of California, Berkeley with a bachelor’s degree in mass communication.
Languages Spoken:
English, Mandarin

More bookings, shorter trips: Chinese adjust to pricier fuel for May holiday

Domestic flight bookings up about 8 per cent and domestic package-tour reservations up about 10 per cent, survey finds.

Nearly half of the planned flights between China and Japan were cancelled last month, as Beijing and Tokyo remain locked in a diplomatic feud.

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Analysts and industry insiders say higher costs are squeezing margins, with some of China’s wary industrial heartland compelled to make day-to-day purchases.

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Surging jet fuel prices are pushing airlines – including several Chinese carriers – to raise fares, with a warning of 9 per cent price rises.

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China-Europe cargo flights face longer routes and higher fuel costs after Middle East airspace closures, the Hong Kong Association of Freight Forwarding & Logistics says.

Chinese firms are in pole position to benefit from a wave of investment in clean energy infrastructure that could be worth trillions of US dollars.

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