Chinese destroyer leaves for home after multinational exercise in …
The News Review:
- Chinese destroyer leaves for home after multinational exercise in …
- Sport-Thousands of Chinese athletes faking ages in Guangdong
- Stockwire.com: Regal Life Concepts Inc. (TCBB: RGLC) just …
- China In-Focus: China Advanced Construction Materials Wins $2 …
- Recovery Signs in China’s Property Sector
- Guangzhou Shipyard profit down 12.78% in 2008
- The Surf’s Always Up in the Chinese Hawaii
Chinese destroyer leaves for home after multinational exercise in …
Xinhua
AMAN is an Urdu word meaning “PEACE”. Slogan of AMAN exercise is “Together for Peace”. Warships from participating countries Monday began their second phase of the two-week-long AMAN 09 military exercises at the Arabia Sea off the southern Pakistani port of Karachi.
Sport-Thousands of Chinese athletes faking ages in Guangdong
Reuters
Suspicions of age faking have dogged Chinese sport over thelast couple of years and at one stage threatened to cause hugeembarrassment for the hosts at last year’s Beijing lympics. Guangdong is hosting the Asian Games in its capitalGuangzhou next year and the deputy sports bureau chief of thesouthern province said they would be taking no chances. “We want to make sure fakers have no advantage” Ye Xiquantold the Guangzhou Daily newspaper. The athletes tested were the top eight in each event atprovincial youth competitions in 2008 and all those who hadsigned up for this year’s Provincial Games. The result showed 3000 were older than they claimed 2000of whom were no longer eligible for any youth sport and 1000who should have competed in different age categories. Ye said16 athletes in one event had faked their age and the worstoffenders were up to seven years older than they were allowedto be.
Stockwire.com: Regal Life Concepts Inc. (TCBB: RGLC) just …
Trading Markets (press release)
Ltd (”AWA Wine”) a portfolio investment company of Regal Life recently celebrated the grand opening of a new flagship store in Yuexiu District Guangzhou China. Yuexiu District located in the central downtown district of Guangzhou is one of the oldest urban areas with profound business commerce and tourism resources. It is host to many large commercial enterprises as well as a number of popular bars discos night clubs and other entertainment facilities. ver 100 of the Fortune 500 companies have set up subsidiaries in the district and the Yuexiu District enjoys a distinct advantage in Guangzhou City Government’s efforts to develop its “corporate headquarters economy. ” It has a number of tourist attractions with beautiful sceneries and historic relics.
China In-Focus: China Advanced Construction Materials Wins $2 …
Trading Markets (press release)
China ACM’s portion of the project is scheduled to be completed in late 2010. The line is designed to have a daily capacity of 100 passenger trains and an annual capacity for goods transportation of 35 million tons. China Advanced said that its concrete manufacturing services operate under a business model in which general contractors supply the raw materials and China ACM produces the ready-mix concrete. Beijing-based China ACM produces construction materials for large scale commercial residential and infrastructure developments.
Related from Investingmonster: With Cash to Spend China Starts Investing Globally
Recovery Signs in China’s Property Sector
BusinessWeek
In a report the Australian bank says that the recent sales data were better than expected and that a bottom in prices and construction levels is set to follow. Volume levels in the cities that Macquarie tracks were up by as much as 50% year-on-year in January and February. In month-on-month growth Guangzhou Chengdu and Tianjin showed the greatest improvements in February. Shanghai and Hangzhou were excluded from the recovery however—the rationale being that cities in the Yangtze and Pearl River deltas entered the downturn later than their peers. A lot of the demand came from people upgrading their homes to bigger units but was also the result of the relaxation in mortgage policy relating to homeowners buying a second house. In fact the number of mortgages was up by 30% month-on-month in January taking it to the highest level in 16 months. Though Macquarie is non-committal on whether the data should be taken as a signal to buy into Chinese property stocks saying that it “might be for bold investors”.
Guangzhou Shipyard profit down 12.78% in 2008
China Daily
0Tong HaoGuangzhou Shipyard profit down 12. 78 percent year-on-year due to losses in financial derivative products and cost increases. In 2008 business revenue of GSI increased by 17. 85 billion yuan ($1 billion) but its net profit declined to 820 million yuan according to the annual financial report the Shanghai-listed company filed on Wednesday.
The Surf’s Always Up in the Chinese Hawaii
New York Times
The warm sandy south coast around the port city of Sanya is experiencing a luxury hotel boom: Ritz-Carlton Banyan Tree Le Méridien and Mandarin riental have all opened resorts there in the last year with Fairmont and Raffles properties also in the pipeline. Look around and you’ll encounter weekend warriors from.
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