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China’s empty city

Prieur du Plessis (November 15th, 2009) Writes:

China’s economy is continuing to grow despite the global recession, helped by a massive government stimulus package of $585 billion. But doubts remain whether such strong growth can be sustained by public spending alone. Al Jazeera’s Melissa Chan reports from Inner Mongolia, where a whole town built with government money is standing empty.

Source: YouTube, November 10, 2009.

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Entree Gold, Inc. (EGI) Receives Critical Mining Licenses

QualityStocks (October 26th, 2009) Writes:

Entree Gold Inc., a Canadian mineral exploration company, announced today that its application for conversion of the Shivee Tolgoi and Javhlant exploration concessions to mining licenses has been approved by the Mineral Resources Authority of Mongolia. The sites are located in southern Mongolia, not far from the northern border of China, and total over 75,000 hectares, or about 185,000 acres.

The Javhlant license, along with the eastern portion of the Shivee Tolgoi license, are subject to a joint venture with Ivanhoe Mines Ltd through its subsidiary Ivanhoe Mines Mongolia Inc. LLC (NYSE: IVN, Nasdaq: IVN). The license sites completely surround Ivanhoe Mine’s Oyu Tolgoi mining license site, and conversion of these licenses consolidates a huge land position upon which the Oyu Tolgoi mining complex will be established. Mining licenses have a 30-year term, with two possible renewals of 20 years each.

Entree president and CEO, Greg Crowe, stated: “The granting of

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Parag Khanna on the Future of Sovereign Borders

Robert Amsterdam (October 1st, 2009) Writes:

If you can find 20 minutes to spare, Parag Khanna's presentation at this year's TED conference has some thought provoking moments. Among them:

2:45 - 6:00 - a discussion of the China-Mongolia-Russia space and how the de facto Chinese influence in the area echoes a prior point in history.

6:00 - 9:00 - the protrusion of commerce hubs in East Asia and their concurrent melding of national cultures.

9:00 - 12:00 - infrastructure investment as the key to peace in the Middle East.

Coca-Cola’s Secret Ingredient To Success Revealed

Investment U (September 22nd, 2009) Writes:

Coca-Cola’s Secret Ingredient To Success Revealed

Tony Daltorio, Investment U Research

Today, let’s talk about a company that has:

The most widely recognized brand name in the world. A 10% share of the entire global market for non-alcoholic beverages. A monopoly on the very definition of a multinational corporation.

If you guessed The Coca-Cola Company (NYSE: KO), then you’d be right.

Don’t expect those accomplishments to dim anytime soon either. It should continue quenching investors’ thirst for a safe, profitable purchase.

The all-American company reached and maintained its number-one status by adhering to the same successful formula for decades. And I don’t mean its top-secret cola formula, though obviously that doesn’t hurt.

For that matter, neither does belonging to an industry of consumer staples. Soft drinks are notably resilient in economic downturns.

But Coca-Cola has more going for it than just a hugely successful product. It also has a business

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A-Power Energy Generation Systems Ltd. (APWR) Lands $90 Million Wind-Power Contract

QualityStocks (September 15th, 2009) Writes:

A-Power Energy Generation Systems Ltd., the largest provider of distributed power generation systems in China, announced today a $90.5 million contract to develop a 49.5 Megawatt wind farm in the township of Saiwusu, Guba County in Inner Mongolia. The project, the Saiwusu Wind Farm, is for the Jihe Orient Wind Energy Company Ltd., and calls for A-Power to supply the wind turbines, towers, and foundations, as well as oversee all construction, subcontracting, and installation.

Equipment procurement alone is expected to be $84.2 million, with construction and installation another $4.8 million, and miscellaneous costs adding $1.5 million. The project is due to begin in early October, with completion planned for June of 2010.

Inner Mongolia is actually a Chinese province in northern China, on China’s border with the Mongolian People’s Republic. It’s basically an inland plateau, consisting largely of vast flat prairie grasslands, conducive to wind power generation.

Mr. Jinxiang Lu,

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Solar Energy’s Future Shines Brightest in China

Contrarian Profits (September 14th, 2009) Writes:

With the announcement that it intends to build the world’s largest solar power plant, China is rapidly evolving into the world’s largest market for solar energy. And with heavy government backing, Chinese solar companies are quickly becoming global leaders.

Fast-growing industry and a reliance on coal-fired power plants turned China into the world’s largest emitter of greenhouse gas a few years ago. Clouds of smog far thicker than that of Los Angeles hang over many of its cities and much of the water is densely polluted. But that’s something the central government aims to change.

China plans to reduce energy consumption per unit of its gross domestic product (GDP) by 20% of 2005 levels by the end of next year. It’s more immediate goal is to reduce reliance on coal-fired plants to 60% of its energy production from 70%, and replace with renewable energy sources like wind and solar.

Since 2007, about 54

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Manas Petroleum (MNAP.OB): Cohen Independent Research Group Issues Research Report with “Buy” Rating and $6.56 Price Target

QualityStocks (September 2nd, 2009) Writes:

Today it was announced that a new research report has been issued on Manas Petroleum by Cohen Independent Research Group. In the 34-page research report, a “Buy” rating, $1.65 short term price target, $3.75 medium term price target, and $6.56 long term price target were given to the company.

Manas Petroleum Corp. is an oil and gas exploration and development company with a diversified and balanced portfolio of assets in Eastern Europe and Central Asia which were neglected or stranded by former exploration programs. The company’s oil & gas acreage in Albania, Mongolia, Kyrgyzstan, Tajikistan and Chile have seismically and through exploration drilling defined exploration prospects of more than 7.4 billion recoverable barrels of oil equivalent (boe).

Based on current resources and expected commercialization of Manas Petroleum’s prospects, Cohen Independent Research Group forecasts theoretical revenues of $2.1 million for FYE 2010 and in excess of $2.4 billion by 2018. The research

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Investing Into “Green” China

QualityStocks (September 2nd, 2009) Writes:

In the race toward a green-powered future, there is one entrant that is surprisingly among the leaders – China. China has conquered a third of the world market for solar cells. China is also racing along a course to build 100 gigawatts of wind turbines by 2020, doubling again the global capacity for wind power, across vast stretches of Inner Mongolia and Xinjiang.

Whether China is going full speed ahead with their green agenda because it believes in global warming is irrelevant to investors. What investors do need to know is that China fears being caught short as the global scramble for diminishing resources begins in earnest. Therefore, they are very serious about green energy.

There have been two factors behind the recent, much-needed boost for the green energy industry. One has been the rebound in oil prices. Higher oil prices benefits clean energy companies by making them more competitive with conventional

...

Towards a Better Solar Business Model

Small Cap Pulse (August 28th, 2009) Writes:
August 27, 2009 ndash; LDK Solar (NYSE:LDK) announced an agreement with Yancheng City of Jiangsu Province for the development of a number of PV projects (ground-mount, roof and BIPV) totaling up to 500MW over the next five years. And Canadian Solar (Nasdaq:CSIQ) said it has signed a LOI with the Administration Committee of Baotou National Rare Earth Hi-Tech Industrial Development Zone in Baotou, Inner Mongolia, for rights to design, install, operate and maintain a 500MW solar facilitynbsp; in Baotou. The three-phase project is expected to start in September 2009 and run through December 2011 (phase 1: 100MW; phase 2 and 3: 200MW). These announcements mark an important trend in the solar markets and one that we have been commentating on a lot lately ndash; the further move by midstream solar firms to vertically integrate downstream and even moving into operations of solar facilities. Cowenrsquo;s Raj Seth this morning commented on the ...

Canadian Solar’s Chinese Inroads – Analyst Blog

Zacks Market Commentaries (August 27th, 2009) Writes:
Canadian Solar Inc. (CSIQ) yesterday announced that is has obtained rights to design, install, operate and maintain a 500MW solar power plant system in Baotou, Inner Mongolia -- an autonomous region in the northern part of the People's Republic of China. Canadian Solar got a letter of intent from the Administration Committee of Baotou National Rare Earth Hi-Tech Industrial Development Zone. Canadian Solar is one of the largest solar module producers in the world, with manufacturing based in China. However, the Canadian company generates the majority of its revenues from the European market (58.6% of revenues in Q2’09), while Asia generated only 27.2% over the same period. However, its European topline year-over-year has shrunk by almost 64.5%. To bridge the gap, the company has been actively cultivating Asian markets such as China and Japan. However, the sleeping dragon hasn’t been tapped properly by the company, either. ...

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