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Many Chinese automakers facing overcapacity

Chinese automaker Haima Investment Group Co said in September it planned to build two plants to triple its annual car production capacity to 450,000 units. The two plants will be located in the central Chinese city of Zhengzhou and in the southern city of Haikou respectively. Last year the homegrown automakers sold 130,000 cars.

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Haima to produce old Ford Escape?

... based on a Ford Escape have been circulating since mid 2007. Haima bought a large tract of land in Zhengzhou city with the plan of building a factory. Previously Haima displayed the Mazda Tribute SUV at the Shanghai Auto Show in 2005, and also gave it a Chinese name ‘丘比特’ the plan was to import the SUV direct from Japan, although the ending of the Mazda-Haima joint venture may have put the...

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Foreign TV crew attacked in China

ZHENGZHOU, China, Nov. 29 (UPI) -- A foreign TV crew covering the prevalence of AIDS in Central China has been beaten and robbed in the country's Henan Province, an official says. A representative for Flemish public television VRT said Belgian journalist Tom Van de Weghe and several of his crew members were attacked by a dozen men while filming their HIV awareness footage, The Hollywood Reporter...

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China Unicom To Construct 3G Trial Networks In Seven Chinese Cities

China Unicom (CHU) has started the deployment of its WCDMA trial networks and it plans to set up the networks first in seven Chinese cities, including Shanghai, Shenzhen, Foshan, Liuzhou, Zhengzhou, Baoding and Wuxi. Each of these seven cities will have about 100 WCDMA base stations. At the same time, information from the China Unicom Shanghai [...]

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Haima Auto to sell Fstar MPV in early 2009

Shanghai, November 28 (Gasgoo.com) Following the launch of its all-new compact hatchback Huandong (H11) in December, Haima Auto has also planned to release its Fstar (Fushida) MPV model to the market in early 2009, said auto.163.com today. The Haima Fstar will be the first new model to be made at the carmaker's Zhengzhou facility.The Haima F-star MPV uses advanced motor drive technology to reach...

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China to operate 16,000-km passenger-dedicated lines by 2020

... a line in Liaoning Province linking Shenyang to Dandong, and a line in Henan Province linking Zhengzhou (the provincial capital) and Luoyang. "The revised plan is set to modernize the network and help the economy achieve sound and rapid development," said Lu. "Railway has been the weakest chain in the country's infrastructure with insufficient capacity. Railway transportation has long lagged...

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Shaolin Temple franchises out kungfu monks

By Malcolm Moore in Shanghai Last Updated: 4:03PM GMT 26 Nov 2008 Ten Shaolin monks have been dispatched to Kunming Photo: EPA Shi Yongxin, the abbot of Shaolin, said he had signed a 20-year contract to manage the Tuwang, Fading, Miaozhan and Guangyin temples in Kunming.Ten monks have already been dispatched from Shaolin, in Zhengzhou near Beijing, to the temples, which are near China's borders...

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China Unicom Plans 3G Launch by Year-End

­China Unicom expects to start a trial WCDMA network in seven cities by the end of this year - said Chang Xiaobing, chairman and CEO of the mobile network operator. Sources within the company suggest that the seven cities will be Shanghai, Shenzhen, Foshan, Liuzhou, Zhengzhou, Baoding and Wuxi, with about 100 W-CDMA base stations in each city.

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Xinyuan Real Estate Co., Ltd. Announces Financial Results for the Third Quarter and First Nine Months of 2008

... construction of total GFA of approximately 67,600 square meters for one ongoing project in Zhengzhou. -- As of September 30, 2008, the Company had land reserves representing approximately 2.2 million square meters of developable GFA, all of which is either under construction or in the planning stage. This represents future sales of 2 to 3 years of development activity, and is consistent...