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Several automakers issue recalls in Chinese market in Oct
Tianjin FAW Toyota Motor Co would recall 134,234 vehicles beginning November 15 due to a flawed design that could affect brake function, GAQSIQ said.
J-10 fighter jet to cut a dash at air show
The new paint scheme for China's most advanced fighter jets used by the military aerobatic team will make its debut later this month.
Binhai New Area
Sky's the limit
The helicopter, which has a seating capacity of six, can be used for fl ight training, policing and medical aid.
Philippine property giant Ayala Land to invest 220 mln USD in China's eco-city
( Xinhua )

Ayala Land Inc. (ALI), the Philippines biggest property firm, is venturing in China's property market by investing 220 million U.S. dollars to develop a 9.78-hectare residential complex in Tianjin Eco-City.

Tianjin Eco-City, located 40 km from the Tianjin city center and 150 km from Beijing, is a 3,000-hectare collaboration between the Chinese and Singaporean governments to develop an environment- friendly city in China.

In a disclosure issued Tuesday, ALI said its wholly-owned subsidiary Regent Wise Investments Limited and the Sino-Singapore Tianjin Eco-City Investment and Development Co., Ltd. (SSTEC) have signed an equity joint venture agreement for the development.

The Tianjin Eco-City is a public-private sector partnership that will show to the world what can be achieved when the best developers from the region collaborate with two very progressive and forward-thinking governments, ALI President and CEO Antonino Aquino said in a statement.

ALI plans to develop more than 1,100 units within a 19-tower residential complex. The project will be constructed in two phases. The first phase, comprising 11 towers, will start by end-2010 and is expected to be completed within 20 months. The project will be designed by the California-based AECOM, one of the top U.S. design consultants.

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