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Under the agreement, Warner Brothers International Cinemas WBIC would sell the three cinemas in Chongqing, Changsha and Nanchang to China Film Group, the spokesman told Reuters. He declined to give details about the pricing of the deal, which he said still needed government approval. (ABC News -- Wire)
Chinese youth spurn TV to celebrate festival online Feb 24, 2007
NANCHANG, Feb. 23 (Xinhua) -- Celebrations of Chinese New Year's Day was given a distinctly hi-tech update by millions of young Internet users in China this week ... Many young people in Nanchang celebrated Chinese New Year the same way as Wei. (Xinhuanet, China)
More Internet-based TOEFL test rooms added to China Feb 24, 2007
They are located in Chongqing, Harbin, Nanning, Shijiazhuang, Jinan, Kunming, Lanzhou, Nanchang, Shenzhen, Xiamen,Changsha, Taiyuan, Wuhan, Hangzhou, Qingdao and Urumqi. All the newly-added test rooms will be put into use by the end of March, which means TOEFL tests shall be available in almost all the regional capitals in China by then. (Xinhuanet, China)
Gang of 11 jailed for mobile phone message fraud in Jiangxi Feb 18, 2007
The Nanchang Intermediate People's Court heard that the group, headed by a Taiwanese man surnamed Lau, had cheated 12 people in the cities of Nanchang, , Wuxi, Nanjing and Suzhou of over 600,000 yuan (75,000 U.S. dollars) from Sept. 5 2005 to Jan. 10 2006. The gang sent text messages to their victims, telling them that their bank card and pin number information had been made public. (People's Daily Online, China)
* World News Quick Take Feb 13, 2007
The accident occurred around 8am outside the city of Nanchang, 1,300km south of Beijing, and snarled traffic for thousands of vehicles, Xinhua said. The report did not provide further details on how the pile-up began or whether there were casualties other than the 10 who died. (Taipei Times, Taiwan -- World)
Patriot Motor Corporation Announces Agreement With Campell U.S.A., Inc. Feb 7, 2007
Feb. 7, 2007 (PRIME NEWSWIRE) -- Patriot Motor Corporation (Other OTC: - ), parent company of Patriot Motorcycle Corporation, today announced the signing of a Letter of Intent with Campell U.S.A., Inc., a subsidiary of Chinese ATV manufacturer, Jiangxi Campell Co., Ltd., located in Nanchang, China. The Letter of Intent provides for Patriot Motor Corporation, after an initial six-month evaluation period, to have the exclusive right to be the sole distributor in the United States of Patriot... (Primezone Releases)
Bad loans down at banks, China says Feb 5, 2007
More than 10 city banks, including those in Chongqing, Dalian, Changsha, Wuhan, Nanchang and Shenyang, are in talks to sell stakes to overseas banks to raise capital and improve competitiveness, the regulator said in June. . (International Herald Tribune -- Business Asia)
China revoked licenses of 160 drug firms in 2006 Feb 1, 2007
NANCHANG, Jan. 31 (Xinhua) -- Chinese drug supervision authorities revoked the business licenses of 160 drug manufacturers and retailers in a bid to clean up the pharmaceutical industry in 2006 ... China is expected to blacklist drug manufacturers and retailers who illegal advertise, provide false information or exaggerates the benefits of their products, said Wang at a conference in Nanchang on Tuesday. (Xinhuanet, China)
Inland shipping set to play greater role Jan 12, 2007
Inland ports, including those in Municipality, Wuhan in Province, Changsha in Province and Nanchang in Province, will be developed. And berths for handling containers, ore, coal, petroleum and food will be built at all these ports to meet the demands. (People's Daily Online, China)
Shanghai Cancels Plans for Ferris Wheel Jan 12, 2007
However, that title could be challenged by a new Ferris wheel in the southern Chinese city of Nanchang that is purportedly 525 feet tall, the official Xinhua News Agency said. Shanghai in recent years has spent hundreds of millions of dollars on expensive signature projects such as a Formula One auto racing track and the world's only commercially operating magnetic levitation train. (Atlanta Journal-Constitution -- World)
China shows off new exhibitor Jan 10, 2007
An unnamed China Film official told the Beijing News that the org paid between 50 million and 60 million yuan ($640,000-$760,000) for four WBIC theaters in the important regional centers Chongqing, Nanchang, Changsha and Zhengzhou. The deal was in collaboration with the Beijing Shidai Jindian Group, majority partners in the new group. (Variety)
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