The German city of Bielefeld has bred a lot of young, ambitious Internet entrepreneurs. The Dreyer brothers were craving to leave for southern Europe when their father suggested Shanghai instead, because of an article titled “Shanghai-The City of the Future” in a newspaper.
To the day five years ago, the Dreyer brothers booked their tickets to China. Today, David, Julius, and Robert, 28, 26, and 24 respectively are millionaires. The NetCircle is their Shanghai-based company which Read more…
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center, China, city, country, economy, entrepreneurs, internet
Under the situation of economic crisis, if you want to work in a foreign country and still get a high salary, you should turn to Asia. According to a research, those expatriates who live in Asia and Middle East get the highest salary among all expatriates.
The HSBC Bank International, the offshore financial services arm of HSBC Holdings, indicated that the percentage of expatriates in Russia is about 30%, which is the highest in the world. The expatriates in Russia earn the most —– up to 250,000 dollars a year, in terms of the income standard, expatriates in Japan and Qatar ranked second and third following Russia.
Between one third and one quarter Read more…
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Asia, China, crisis, economy, HSBC, salary
THE PEOPLE’S REPUBLIC OF CHINA
CHONGQING URBAN RURAL INTEGRATION PROJECT
Consulting Services for
Design Review and Certification (Contract No. TA-F).
Expression of Interest
This specific procurement notice follows the general procurement notice for this project, which was published at dgMarket on September 27, 2006.
The People’s Republic of China Read more…
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China, Chongqing, economy, integration, project
REQUEST FOR EXPRESSIONS OF INTEREST
The People’s Republic of China has received the grant from the Global Environmental Facility (GEF) for implementation of Demonstration of Alternatives to Chlordane and Mirex in Termite Control Project. Anhui, as one of the demonstration provinces, intends to apply part of the grant to support Review and Revision of Policies, Regulations and Technical Standards of Termite Control in Anhui province. The duration of the assignment is from the third quarter of 2009 to third quarter of 2010. The consultant should be a consulting firm, Read more…
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Anhui, China, economy, project, province, termite
According to a survey from Paris, under the pressure of world economic crisis, many French families had to pay special attention to their budget in planning their summer holidays, previous luxurious plans like spending the holiday on the beach would, perhaps, be crossed out.
Given the survey by Opinion Way polling firm, only 62% of the French had holiday plans, compared with 73% the year before. Furthermore, 21% of the Read more…
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budget, China, economy, holiday, Paris, survey
The ministry of Education promised to punish the officials in schools who get their children in college by using other students’ ID.
Wang Zhengrong has been arrested for his action of make up official documents to get the ID of Luo Caixia illegally .He also got the admission letter from Guizhou normal University which belongs to Luo Caixia. His daughter entered the university with this stolen letter in 2004 and graduated with the teaching certificate which was taken away when Wang Zhengrong was seized. In this crime, Read more…
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action, China, economy, education, ID, official
After the Chinese government blocked Coca-Cola’s $2.4 billion bid for China Huiyuan Juice Group Ltd, Huiyuan’s share price had a sheer drop in Hong Kong on March 19, 2009.
Huiyuan’s shares dropped by HK$3.49 per share, or 42.05%, to close at HK$4.80 apiece. In early trading, the company’s shares dropped 53% at one point to the day’s lowest level of $3.88. After having been suspended since March 11, 2009, the stock continued trading on March 19, 2009.
The recent price fall was in a sharp contrast to its performance in the past several months after the announcement of the Coca-Cola bid. Huiyuan’s shared price had doubled since September in 2008 after the beverage giant of America offered a deal of HK$ 12.2 in cash for each of Huiyuan’s listed Read more…
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bid, China, economy, failure, Huiyuan, price, share
HSBC Holdings said on March 2, 2009 that it would raise a total of $17.7 billion in new capital from shareholders in a rights issue to strengthen its financial structure after reporting a more than 50% fall in 2008 earnings and, as expected, a surge in bad debts in the US.
The largest bank in Europe is in the process of offering 5.1 billion new shares at 254 pence apiece, or a 48% discount on Friday’s closing price, for subscription by its current shareholders. In Hong Kong, the issue price per new share is HK$28, or a 50.2% discount on its Friday close of HK$56.95.
Stephen Green, the Group Chairman, disagreed that the rights issue had appeared too late. He said it was the right time when they got the information about their performance in 2008.
Douglas Flint, the HSBC finance director, Read more…
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bank, capital, China, crisis, economy, HSBC, structure, U.S.
Situated in the northern part of Jiangsu Province, China and under the jurisdiction of the prefecture-level city of Suqian, Siyang County is an old city with a civilized history of 5,000 years and a county history of 2,000 years. It was once the capital of Sishui State during the Western Han Dynasty (206BC-AD24). Yanghe Daqu, one of the eight famous Chinese liquors, originated from here. It is also the only “County of the poplar tree”. The Jinghang Canal and the ancient Yellow River cross Read more…
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bid, China, county, economy, Jiangsu, notice
As a senior railway official said on March 24, 2009, the two high-speed railways that opened on April 1 amazingly shortened the travel time between the hinterland and the coastal areas.
The Hefei-Wuhan passenger railway and the Hefei-Nanjing lines, which opened last year offered the shortest link between Central China and Yangtze River Delta region of East China. Both of them last over 350km. Read more…
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China, economy, official, passenger, rails, travel
The German city of Bielefeld has bred a lot of young, ambitious Internet entrepreneurs. The Dreyer brothers were craving to leave for southern Europe when their father suggested Shanghai instead, because of an article titled “Shanghai-The City of the Future” in a newspaper. 
