<!–enpproperty 2012-01-11 07:27:48.0Hu YuanyuanForeign investors shy from buyingreal estate,overseas capital,overseas investor,china’s property market,capital outflow1811063101Cover Story2@usa/enpproperty–> Lure of real estate fades as overseas capital seeks better bargains, Hu Yuanyuan reports from Beijing. A migrant worker passes a poster for housing developments in Shaoyang, Hunan province. The country’s economic growth slowed last year due to tight...
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Foreign investors shy from buying
30-Story Hotel In China Built In 15 Days
POSTED: 9:45 am EST January 10, 2012UPDATED: 10:36 am EST January 10, 2012
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Chinese builders create 30-story hotel in 15 days [VIDEO]
Building a skyscraper generally takes years to complete, but a group of Chinese builders bucked the trend by constructing a 30-story hotel in just 15 days, the HuffingtonPost reports. Constructed in Dongting Lake in Hunan province, the hotel is 170,000 square feet was put together using pre-made modules from a factory. The modules were...
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Thousands of China Police Hunt for Wanted Killer
Thousands of police officers have launched a massive hunt in eastern China for an uncommunicative loner and one-time policeman suspected in a series of slayings and robberies dating back to 2004, state media reported Monday. The search in the city of Nanjing centers on Zeng Kaigui, who is suspected of fatally shooting a man...
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NGO set up to protect endangered finless porpoise
CHANGSHA, Jan. 9 (Xinhua) — A new non-government organization has been set up in the central city of Yueyang to protect the Yangtze finless porpoise, an endangered river dolphin that is even rarer than giant pandas. The Yangtze Finless Porpoise Conservation Society was founded on Sunday in the city of Yueyang in Hunan province....
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Report: China-made Dodge-based compacts may be exported to Europe under the …
Fiat is considering exporting to Europe two compact cars built in China, according to a report from Automotive News Europe. The cars will be based on the new Dodge Dart and will be built with Chinese partner Guangzhou Automobile at a new plant in the Hunan province. The first model to come will be...
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Usefulness of Contact Information Called into Doubt
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Valin Steel Gets 1.17B Yuan Government Subsidy
January 9 — Hunan Valin Steel (000932) obtained a government subsidy of 1.17 billion yuan, reports stcn.com, citing a company filing. The steelmaker was the worst performer among listed companies in 2010, incurring a loss of 2.6 billion yuan. It was struggling to return to profit in 2011. Valin Steel posted a loss of...
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Warren Buffett Not Going to Sing for Spring Festival After All
Bloomberg News Warren Buffett, chairman of Berkshire Hathaway Inc., pauses as he attends a news conference for Chinese automaker BYD in Changsha, Hunan province, on Sept. 30, 2010. Rumors that Mr. Buffett would sing a song in this year’s Spring Festival gala turn out to be false. Those expecting a song from U.S. investor...
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China Global Media, Inc. Announces $2.5 Million Television Agreement
CHANGSHA, CHINA, Jan 09, 2012 (MARKETWIRE via COMTEX) – China Global Media, Inc. /quotes/zigman/7670273 CGLO +19.33% is pleased to announce that Changsha Zhongte Trade Advertising Co., Ltd (“Zhongte”), one of CGLO’s affiliated operating entities, has entered a one-year Television Advertisement Agreement with Guangzhou Aoda Biological Beauty and Health Technology Development Co., Ltd (“Aoda”). The...
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