Fiat and Guangzhou Automobile to form $630 million car venture in …

The News Review:

- Fiat and Guangzhou Automobile to form $630 million car venture in …
- First Asia Energy Forum coming to Guangzhou
- China’s dominance: Good or bad for sport?
- Another mainland case suspected

Fiat and Guangzhou Automobile to form $630 million car venture in …
Trading Markets (press release)
The new facility will manufacture 140000 cars annually. The Italian carmaker plans to resume manufacturing in China in a bid to minimize its losses due to the global slump in auto sales. The carmaker has earlier signed an agreement to take a stake in Chrysler and also bid for pel General Motors’s European unit as part of its efforts to become a global carmaker.
Related from Murtoughsupply: WP Carey and Harbert Management Form Self-Storage Joint Venture

First Asia Energy Forum coming to Guangzhou
China Daily
“Energy Revolution: Growth Green and Cooperation” will be the focus of the forum aimed at establishing a long lasting communication mechanism for sustainable energy development in Asia. The forum will explore efforts in assessing international energy situations and development to find ways for Asian countries to develop their own low-carbon economies. “The upcoming Asia Energy Forum will serve as a platform for government officials specialists and company leaders from the energy industry of various countries and regions to exchange experiences and forge new partnerships to respond to clean energy challenges in Asia” Wu said.

China’s dominance: Good or bad for sport?
AFP
Having won every title going at the world table tennis championships earlier this month China — as widely predicted — wrapped up the Sudirman Cup world team badminton championships on Sunday in equally emphatic fashion. That after Chinese athletes pocketed 51 gold medals at last year’s lympics to finish top of the medals table for the first time. utside China players coaches and fans agree that as the Asian country grows richer it is likely to increasingly dominate sports such as badminton and table tennis in which it has traditionally been strong. But what they cannot agree on is whether this is good for the sports themselves while even the Chinese are beginning to wonder if in some disciplines at least they have become just too good.

Another mainland case suspected
China Daily
The next day he caught Korean Air flight KE607 to Hong Kong. Yang developed a sore throat blocked nose and began coughing on Thursday. The next day Yang caught the T810 train service to Guangzhou at 4:35 pm and sat in carriage No 7. His temperature was normal when he boarded the train but he developed a fever midway through the journey. Yang was admitted to the No. 8 People’s Hospital of Guangzhou that afternoon. The Guangdong provincial health department said Yang was suspected of having contracted the virus but that it is waiting on confirmation from test results.

Written by admin on May 19th, 2009 with no comments.
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