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China Wi-Max Communications, Inc. (CHWM.OB) Spearheads Broadband Initiative

QualityStocks (October 7th, 2009) Writes:

China Wi-Max Communications, Inc., a Denver, Colorado-based telecommunications company formed to exploit the booming Chinese broadband market, has announced a comprehensive strategy to leverage its network foothold in Beijing.

The Founder and Chairman, Dr. Allan Rabinoff, said he was pleased to announce this offering of wireless broadband to customers in Beijing and that the initiative would be led by President and CEO Steven T. Berman. Rabinoff went on to say that Mr. Berman would “play a critically important role in the successful execution of our growth strategy.”

Mr. Berman brings his vast 20 years of business and legal experience in many aspects of telecommunications to bear in executing this bold new strategy. Mr. Berman is a bar-certified attorney, having received his Doctorate at the University of Wisconsin Law School in 1987, and has diverse background experience as a practicing attorney.

Mr. Berman was appointed President and CEO 8 months ago, and

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Financial Crisis Gives Chinese Car Companies a Chance to Get Up to Speed

Contrarian Profits (September 24th, 2009) Writes:

There’s no question that the big “winner” in the global financial crisis has been China. While for the past two years developed economies have been scrambling to keep afloat China has taken a nuanced approach to achieving its economic and political goals.

China has used depressed commodities prices to stock up on long-term supplies of raw materials such as oil, copper, and iron.  And it’s used structural weakness in the U.S. financial system as justification for replacing the dollar as the world’s main reserve currency.

Now, the Red Dragon is looking to make headway on the highway by winning global market share in the automotive market while U.S. heavyweights spin out.

We aren’t afraid of the financial crisis,” Zhou Fuquan, vice president of Geely Automobile Holdings Ltd. (PINK: GELYF), told Bloomberg News. “On the contrary, we hope it will penetrate even further as

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Siemens Buys China Metal Companies – Analyst Blog

Zacks Market Commentaries (August 28th, 2009) Writes:

Siemens Energy, a division of Siemens AG (SI), acquired the majority holding in the Chinese metalworking company Yangtze Delta Manufacturing and the Chinese aluminum foundry GISAP (GIS Steel & Aluminium Products), both headquartered in Hangzhou.   Siemens Energy is expanding its global production capacity for high-voltage circuit-breakers in China and enhancing its value chain proposition from foundry work through machining to final product assembly.   There is a constant robust demand for high-voltage power transmission products in China. The demand for reliable, cost-efficient high-voltage products for the transmission of electrical energy, which minimizes losses, continues to rise.

Siemens has a leading position in China, the world’s largest market for power transmission equipment. The company has involvement as a provider of innovative energy technologies in numerous major infrastructure projects, including projects in the field of high-voltage direct current transmission.

Siemens is a German industrial conglomerate with interests in information services, automation and

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EXOU Exousia Continues Supplier Relationship with China United Engineering Corporation (DrStockPick.com News Report!)

Dr. Stock Pick (August 13th, 2009) Writes:

EXOU, Exousia Advanced Materials Inc, EXOU.OB

DrStockPick News Report!

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Dr Stock Pick HOT News & Alerts!

Exousia Continues Supplier Relationship with China United Engineering Corporation

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Thursday August 13, 2009

DrStockPick News Report!

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Exousia Continues Supplier Relationship with China United Engineering Corporation

Fifth Order Represents CUC’s Continued Confidence in Exousia as a Supplier

SUGAR LAND, Texas /CRWENEWSwire/ Exousia Advanced Materials, Inc. (OTC Bulletin Board: EXOU), a company that manufactures advanced industrial coatings for worldwide infrastructure applications and engineered composites for eco-friendly wood substitutes, proudly announces its fifth order from China United Engineering Corporation (CUC) for industrial coatings. Exousia Chairman & CEO, J. Wayne Rodrigue, explained, “The significance of this order is that it represents the ongoing cycle of

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China 3C Group (CHCG.OB) Completes Acquisition of Jinhua Baofa Logistic, Ltd.

QualityStocks (July 7th, 2009) Writes:

China 3C Group, a leading wholesale distributor and retailer of computers, communication products and consumer electronics in China, recently announced that the company has completed the acquisition of Jinhua Baofa Logistic, Ltd., a transportation logistics company in Eastern China.

The transaction was structured as an acquisition through the company’s subsidiaries, Zhejiang Yong Xin Digital Technology Co., Ltd. and Yiwu Yong Xin Communication Ltd., for a cash consideration of RMB 120 million (approximately US$17.4 million). With revenue of $10.5 million and net income of $1.9 million, Jinhua Baofa Logistics’ services cover more than 20 cities in Eastern China, including Shanghai, Hangzhou and Nanjing. Mr. Hongfei Guo, chief executive officer of Jinhua, will continue to manage the business following the closing of this acquisition.

Mr. Zhenggang Wang, chairman and chief executive officer of China 3C, commented, “We are pleased to complete our acquisition of Jinhua and expand our logistical capabilities. We have combined Jinhua’s

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China’s Wahaha Earned Revenues Of CNY10.3 Billion In Q1 2009

China Retail News (May 6th, 2009) Writes:
Hangzhou based Chinese beverage company Wahaha has published its financial report for the first quarter of 2009 and states that its revenue increased by 37.22% year-on-year to CNY10.3 billion, a record-high increase over the past 22 years. This performance makes the company's goal of realizing revenues of CNY50 billion and a year-on-year increase of 50% in [...]

Taobao.com To Invest CNY1.36 Billion To Build Taobao City In Hangzhou

China Retail News (January 11th, 2009) Writes:
According to information from Taobao.com, the Chinese online shopping website has started the construction of its Taobao City development in Yuhang District of Hangzhou at an approximate cost of CNY1.36 billion. Taobao City is planned as the new office building of Taobao.com. The construction of the Taobao City is reportedly to be divided into two phases, [...]

BOB’s Hangzhou Branch Opens To Help SMEs

China Retail News (December 24th, 2008) Writes:
Bank of Beijing has opened its fifth branch out of Beijing in Hangzhou to offer help to small and medium size enterprises during the global financial crisis. As a leading city commercial bank in China, BOB has grown faster over the years. It has already opened branches in Tianjin, Shanghai, Xi'an and Shenzhen. Located at Hanghzou's [...]

Ikea To Open New Outlet In Hangzhou

China Retail News (October 29th, 2008) Writes:
Ikea China's vice president for real estate purchasing Gao Feng and the vice governor of Hangzhou's Binjiang District Yu Xiao'an have signed a investment letter of intent for a new Ikea store in Binjiang District, Hangzhou. A representative in charge of the project said that the new Ikea store would be located to the south of [...]

Gemdale Partners With Credit Suisse

Biz China Update (September 30th, 2008) Writes:
Credit Suisse signed an agreement with China's reale estate developer Gemdale Corp. to finance property projects in Hangzhou, capital of Zhejiang province, Trading Markets reports.

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