Expert Profile

Expert photo David Wei
Since October 2007, chief executive officer and executive director of Alibaba.com;   From November 2006 to September 2007, president of Alibaba.com and executive vice president of Alibaba Group;   From 2002 to 2006, president of B&Q China, a subsidiary of King

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Facts & Figures In China

The Weight Of Property Investment In China’s Economy
Property investment accounts for about 10 percent of China’s gross domestic product and construction work consumes half of the nation’s output of steel and 36 percent of the aluminum produced, JPMorgan estimates in a June 2010 report.
 

China Products

Orange Solar powered backpack

    
Make the Most of a Sunny Day with a Solar Backpack

Nowadays we are having a very unstable and crazy weather. They are nothing like the ones that we usually had in the past. There are many extreme weather conditions everywhere. In some places, there are intolerably hot days; and in other parts, the cold is unbearable. Those strange weather anomalies happen because of the global warming which is a process where the heat of the sun cannot be reflected back to the sky and thus be trapped inside the earth by the greenhouse gases. This greenhouse gas is the cause of the whole weather problem and this gas is caused when we burn the fossil fuel.

So there are many scientists who try to find an alternative source of energy. And one of the proven sources is the sun. Just by using the sola......

China's Best Blogs And Sites

On Real Estate
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Real Estate China
09/01/2010 Li Ka-Shing Makes $979 Million Bet on Hong Kong Housing Market
  Li Ka-shing, Hong Kong’s richest man, signaled his confidence in the real-estate market by paying more than estimated for two sites, four days after the government tightened loan r......
 
08/23/2010 Soho China Wins Bid For Shanghai Site For CNY1.56 Bln
  Soho China Ltd. said Friday it won a bid for a site in Shanghai for CNY1.56 billion, which supports the firm's strategy of developing large-scale commercial properties i......
 
08/17/2010 July Property Prices Increase at Slowest Pace in 6 Months
  China’s property prices rose at the slowest pace in six months in July as the government clamped down on speculation to prevent asset bubb......
 
08/11/2010 China's Country Garden, KWG to Sell Dollar Bonds
  Chinese developers Country Garden Holdings Co and KWG Property Holdings said they are planning to issue dollar bonds, as tighter lending rules in Beijing e......
 
08/11/2010 Poly Hong Kong Sells $466 Million of Stock for Land Purchases
  Poly (Hong Kong) Investments Ltd. is selling as much as HK$3.62 billion ($466 million) in new shares to fund its land bank and other expenditure, accordi......
 
08/10/2010 China Land Ministry Finds 1,457 Unused Plots
  China’s Ministry of Land and Resources has found 1,457 unused plots of land nationwide and given a list of what companies hold rights to these plots to the China Banking Regulatory Commission, the ......
 
08/09/2010 China Won't Ease Property Policies until Targets Met
  China will not loosen real estate policies until the government curbs rapid growth in property prices and reduces speculative buying to a reasonable level, the China ......
 
07/30/2010 Shui On May Sell Properties Outside Shanghai to Boost Cash Flow
  Shui On Land Ltd., a Shanghai-based developer controlled by Hong Kong billionaire Vincent Lo, plans to sell some of the group’s retail and office properties outside the company......
 
07/27/2010 China Calls for Stepping Up on Inspection of Property Loans
  China’s banking regulator has called on local authorities to step up inspections of property loans, the Shanghai Securities News reported Monday, citing an......
 
07/19/2010 China's Property Prices Slow in June
  Property prices in China rose at a slower pace in June from a month ago, government data showed Monday, in a further sign that Beijing's efforts to co......
 
06/23/2010 China Property Prices Rise 12.4% in May
  China’s property prices rose at the second-fastest pace on record in May, showing little sign yet that the government crackdown on speculation will work ......
 
06/12/2010 China May Property Sales Drop in Shanghai, Beijing
  Property sales in Beijing, Shanghai and Shenzhen fell as much as 70 percent in May as developers delay sales following government tightening measures, reported Tuesday's China Daily.
 
05/28/2010 REITs Enter Last Lap of Approvals in China
  China's real estate investment trust (REITs) plan is now in the last lap of approval from the State Council, after getting the green light from the concerned ministries, s......
 
05/24/2010 Shanghai May Impose Property Tax to Cool Speculation
  Shanghai may impose its own residential property tax to cool price increases in China’s richest city, wrote Thursday’s Bloomberg, quoting Shanghai Securities News.
 
05/10/2010 Forte, Zendai, Greentown In China Property JV
  Chinese developer Shanghai Forte Land said it will form a joint venture with Shanghai Zendai Property, Greentown China and Shanghai Panshi Investment to jointly invest ......
 
05/05/2010 Guocoland To Double China Property Bet On State Curbs
  Guocoland Ltd., a Singapore-based developer belonging to Malaysia’s Hong Leong Group, may double investment in China property to almost $1 billion on confidence governme......
 
04/27/2010 China Tightens Rules On Uncompleted Homes Sales
  China ordered developers not to take deposits for sales of uncompleted apartments without proper approval and barred them from charging “abnormally high” price......
 
04/26/2010 China Steps Up Efforts To Curb Property Prices
  China has moved to further curb real estate speculation by telling banks they will be allowed to refuse additional mortgages to buyers who own two or more properties, reported Monday’s AFP.
 
04/22/2010 China Raises Home Mortgage Rates, Down Payments
  China’s cabinet raised minimum mortgage rates and down payment ratios for some home purchases, saying “more forceful” steps are needed to cool speculation after proper......
 
04/21/2010 China's Property Prices Rise The Most In March
  Chinese property prices rose at the fastest pace in nearly five years in March, according to official data Wednesday that is likely to add to concerns......
 
04/20/2010 China Banks Tightening Mortgage Loan Terms
  China's Big Four state-owned banks have reduced discounts on mortgage rates for owner-occupiers and are requiring higher down payments, in the latest sign of regulators' deter......
 
04/07/2010 Country Garden Net Rises On Higher China Home Sales
  Country Garden Holdings Co., the property developer controlled by China’s second-richest woman, said full-year profit rose as record lending in the country f......
 
04/02/2010 China Tightens Lending Rules To Deter Real-Estate Speculators
  China’s banking regulator ordered lenders to take more care when making real-estate loans, widening efforts to prevent property speculators......
 
03/29/2010 China Luxury Home Price Rises Buck Global Trend--Report
  High-end home prices in three out of four global locations fell in 2009, with those in major Chinese cities bucking the trend on its economic recovery, wrote Monday's Reuters, citing the newly rel......
 
03/18/2010 China Tightens Land Purchase Rules, Bans Villas
  China is requiring a down payment for land purchases equal to 50 percent of a plot’s price and prohibited the supply of land for villas as the gove......
 
03/10/2010 China Overtakes U.S. In Attracting Most Property Investment
  China overtook the U.S. as the world’s biggest property investment market last year and will probably keep the lead in 2010 on economic growth and a lower re......
 
03/09/2010 China Overtakes U.S.In Attracting Most Property Investment
  China overtook the U.S. as the world’s biggest property investment market last year and will probably keep the lead in 2010 on economic growth and a lower re......
 
03/05/2010 China Vanke's Net Jumps To 32% To Record
  China Vanke Co., the country's largest property developer by market share, said Monday its 2009 net profit rose 32% amid soaring property prices, reported Dow Jones.
 
03/04/2010 Citi, China Resources Seek $500 Mln For China Commercial Property
  Citigroup's private bank and conglomerate China Resources Group have launched two real estate funds to invest in Chinese shopping malls and hope to raise about $500 m......
 
02/26/2010 China Developers’ Estimates Cut At Goldman On Risks
  China’s property developers had their share-price estimates lowered by as much as 32 percent at Goldman Sachs Group Inc., which cited increased uncertainty fr......
 
02/23/2010 China's Poly Real Estate Posts Soaring Sales In January
  Poly Real Estate Group Co., Ltd., China's second largest property developer by market value, said Tuesday its January sales based on signed contract......
 
02/09/2010 Hang Lung Aims To Invest $2-3 Bln In China
  Hong Kong-listed developer Hang Lung Properties aims to invest $2-3 billion over the next couple of years into China if it finds good opportunities in the country'......
 
02/08/2010 M.Stanley To Sell China Property To Keppel Unit
  The property investment arm of Morgan Stanley is in final talks to sell a Chinese apartment complex to a unit of Singapore's Keppel Land, sources close to the deal said on Tuesday, reported Bloomberg.
 
02/01/2010 SOHO China Seeks M&As
  Cash-rich commercial property developer SOHO China will continue to seek merger and acquisition (M&A) opportunities in Beijing and Shanghai this year to ......
 
01/28/2010 S China Island Province Sees Overheating Real Estate Market
  Government plans to make China's southern island province of Hainan an international tourist resort have cut the supply of housing as owners and developers hold out for huge profits, reported Xinhua.
 
01/26/2010 China SCE Property Seeks Up To US$292 Million In Hong Kong IPO
  Chinese property developer China SCE Property Holdings Ltd. is seeking to raise up to US$292 million in a Hong Kong initial public offering, including an overallotment optio......
 
01/22/2010 OOIL Sells China Property To CapitaLand For $2.2 Billion
  Orient Overseas (International) Ltd (OOIL), a Hong Kong-based container ship operator, has sold $2.2 billion in Chinese property to Singapore's CapitaLand as the loss-making Hong Kong compa......
 
01/14/2010 Idle Plots Further Compound Realty Crunch In Shanghai
  Listed property developers have been cornering huge plots and often leaving them undeveloped, further compounding the land shortage in Shanghai, said a new report released by E-House (China) Ho......
 
01/12/2010 China's Central Bank To Use Policy Tools To Manage Inflation,Property Risks
  China's central bank Wednesday said it will manage inflation expectations and keep a close watch on the property market through its credit and money supply policies, reported China Daily.
 
12/28/2009 China May Raise Second-Home Down Payments
  China may raise the down payment requirement for purchases of second homes to 50 percent in a bid to curb speculation in the property market, Beijing Business Today re......
 
12/16/2009 China Government Scales Back Property Market Stimulus Policy
  China’s State Council, or cabinet, decided Wednesday that starting next year, sales of homes by individuals will be exempt from tax only after at least five years of ownership. The government in Ja......
 
12/10/2009 China Vanke Hopes To Complete Offering In 2010
  China Vanke Co. hopes it will be able to move forward with a planned 11.2 billion yuan ($1.64 billion) share offering in the first half of 2010......
 
11/20/2009 China Sets Land Use Limits On Residential Housing And Coal Mine
  China’s land ministry said it is imposing limits on how much land can be used for residential development, government offices and some industrial projects ......
 
11/19/2009 Beijing Office Market Rebounds
  Beijing's office market saw a steady recovery in the third quarter, with the demand from large domestic firms remaining strong and that from multinational companies ......
 
11/16/2009 Chinese Home Price Rises 3.9% In October
  Home prices in 70 large and medium-sized Chinese cities nationwide rose 3.9 percent in October from a year earlier, the National Bureau of Statistics (NBS) announced Tuesday, reported Xinhua.
 
11/13/2009 China Probably Not To Extend Favorable Measures In Property Sector
  With a solid recovery in the real estate market, the Chinese government would probably not continue the measures unveiled last October to boost the property sector amid the global f......
 
11/03/2009 China Overseas Land Q3 Operating Profit HK$1.8 Billion
  China Overseas Land & Investment Ltd., the Hong Kong-listed developer controlled by China’s construction ministry realized a third-quarter opera......
 
10/27/2009 China Vanke Reports 29.6% Sales Growth In First Nine Months
  China Vanke, the country's largest listed real estate developer, said Monday evening its sales value in the first three quarters grew 29.6 percent from a year ea......
 
10/26/2009 China Office Sector Enjoys Brisk Business
  While the Chinese residential market in general still is suffering falling prices and sales, transactions in the office space market are brisk, reported China Daily.
 
10/22/2009 Home Trading In Beijing Hits 3-Year Low During China Holiday
  Property trading in Beijing during the National Day holidays hit 3-year low for the period, reported Xinhua.
 
 
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