Wal-Mart Stores to pen Sam’s Club in Guangzhou

The News Review:

- Wal-Mart Stores to pen Sam’s Club in Guangzhou
- Paul impressed by embrace of basketball China
- Guangzhou Investment mulls selling Guangzhou hotel
- Guangzhou develops animation-cartoon industry
- China Southern Airlines Increases Melbourne – Guangzhou Flights

Wal-Mart Stores to pen Sam’s Club in Guangzhou
Trading Markets (press release)
The new store is designed to have operating area of up to 24000 square meters and equipped with nearly 1000 parking spaces. The Guangzhou store is a joint venture between the retail giant and a local company and part of the construction and fitment has been finished. An insider from the New York-listed company said that the retailer would open more stores in Guangzhou adding that several plans are under negotiation now.
Related from Indoorenvirons: Did Sam’s Club expose a great SaaS opportunity?

Paul impressed by embrace of basketball China
SI.com
It was the first trip back for the Hornets’ star point guard since he helped Team USA win gold at the 2008 Beijing Games. This tour started in the city of Tianjin where Paul briefly served as an instructor at an elite youth basketball camp teaching the kids some of the tricks he employs on the NBA hardwood. Paul then went on to Guangzhou where he dedicated a new basketball court at an inner-city school and launched a new Chinese edition of his basketball shoe. Paul also met workers at the factory where Jordan CP3 shoes are made. Paul says China is an important market for basketball and is impressed by the ability of young players there.

Guangzhou Investment mulls selling Guangzhou hotel
Alibaba News Channel
79% lower on ThuAug. 6 2009 (China Knowledge) – Guangzhou Investment Co Ltd<0123> which is engaged in the development of real estate and the operation of toll highways is considering selling a hotel in Tianhe District Guangzhou Guangdong Province that is under construction and has a potential floor area of 750000 square meters sources reported. ne of the company’s mixed-use property projects which is called Guangzhou International Finance Center and is located in Zhujiang New Town Guangzhou Guangdong will cost RMB 7. 5 billion and will have a floor area of 450000 sq m. The 432-meter building will be completed next year and will consist of offices apartments a shopping mall and a hotel according to Vice President Zhang Zhaoxing. In the first half of this year Guangzhou Investment reaped RMB 2.

Guangzhou develops animation-cartoon industry
Xinhua
6 — Construction of the Guangzhou Animation and Cartoon Industry Park finished Tuesday. It means more than 30 companies can now move in and get down to business. The 167 acre area is divided into four zones: animation creating the animation experience center the education zone and the living accommodation zone. The park’s president says its design will help fuel creativity and business success for the animation and cartoon industries. SUNDBITE: Jin Cheng Guangzhou Animation and Cartoon Association “n one hand the Industry Park can provide technical support as quickly as possible and on the other the whole environment encourages the development of the industrial chain.

China Southern Airlines Increases Melbourne – Guangzhou Flights
ASIATravelTips.com
China Southern Airlines has launched a third weekly flight from Melbourne to Guangzhou (formerly Canton). The new service will run until the end of March 2010. The new service will run until the end of March 2010. hotels business travel news trade industry agents operators airlines daily latest.

Written by admin on August 7th, 2009 with no comments.
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