The outlook is rosy for the hotel market in Beijing and Shanghai in the next two years, with the 2008 Beijing Olympics and 2010 Shanghai World Expo just around the corner, according to consultancy firm Jones Lang LaSalle Hotels.
Guangzhou has received the go-ahead to begin construction on a big ship-production base that could help advance the southern metropolis' status as a major Chinese ship producer.
A consortium led by Nan Fung Development and Sino Land paid HK$4.55 billion for a 238,164-sq-ft residential site in the New Territories auctioned by the Hong Kong government on Monday.
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Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
Liu Shinan
