Mandarin Oriental has no fear of crackdown by Beijing

The luxury hotel chain operator Mandarin Oriental, brushing aside concerns that a crackdown by Beijing on wasteful spending of public money will dent hotel revenues, said it would continue expanding in China to tap into the rising affluence on the mainland.

"For anybody who does a good job of understanding their customers, China will always be a place to be," said Andrew Hirst, the group's operations director for Asia.

via Business feed http://www.scmp.com/business/companies/article/1225529/mandarin-oriental-has-no-fear-crackdown-beijing