Bloomberg Published 4:52 am PDT, Sunday, April 21, 2019 Hui Ka Yan, chairman of China Evergrande Group, during a news conference in Hong Kong on March 26, 2019. Hui Ka Yan, chairman of China Evergrande Group, during a news conference in Hong Kong on March 26, 2019. Photo: Bloomberg Photo By Paul Yeung. Photo: Bloomberg Photo By Paul Yeung. Image 1 of / 1 Caption Close Image 1 of 1 Hui Ka Yan, chairman of China Evergrande Group, during a news conference in Hong Kong on March 26, 2019. Hui Ka Yan, chairman of China Evergrande Group, during a news conference in Hong Kong on March 26, 2019. Photo: Bloomberg Photo By Paul Yeung. China's 'king of debt' has a $35 billion fortune and lots of doubters 1 / … [Read more...] about China’s ‘king of debt’ has a $35 billion fortune and lots of doubters
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JAN. 29, 2019 In the barely inhabited steppes of Central Asia, it is establishing the next foothold in its trillion-dollar campaign to transform global infrastructure. In the barely inhabited steppes of Central Asia, it is establishing the next foothold in its trillion-dollar campaign to transform global infrastructure. By BEN MAUK Photographs and Video by ANDREA FRAZZETTA JAN. 29, 2019 The Eurasian Pole of Inaccessibility is a striking name for an absence. It is the point farthest from a sea or ocean on the planet. Located in China just east of the border with Kazakhstan, the pole gets you a good distance from harbors and coastlines — at least 1,550 miles in any direction — into an expanse of white steppe and blue-beige mountain that is among the least populated places on earth. Here, among some of the last surviving pastoral nomads in Central Asia, nestled between two branches of the Tian Shan range on the edge of Kazakhstan, the largest infrastructure … [Read more...] about Can China Turn the Middle of Nowhere Into the Center of the World Economy?
At the beginning of his long and well-lived life, George Herbert Walker Bush, who in politics was always prosaic, acquired, by way of a grandfather, the name of a British poet and priest (George Herbert, 1593-1633). He acquired much else from family inheritance. The future 41st president was descended from a governor of the Federal Reserve Bank of Cleveland — from financier George Herbert Walker, whose name is on golf’s Walker Cup — and from a U.S. senator — his father Prescott, of Brown Brothers Harriman, the Wall Street investment house whose partners included Robert Lovett, a future secretary of defense. This was the world from which Bush came into a life whose trajectory often left him caught between the worlds of the old East Coast Republicanism of banks, railroads and good works of noblesse oblige, and the New Right Republicanism of the Sun Belt. He had an easy social grace imparted by Greenwich Country Day School, Andover and Yale, yet seemed forever … [Read more...] about Decent, able, prosaic, Bush devoted a fortunate life to his country
Reasons to Invest in New Cairo Egypt Real Estate Chinese developers have announced that they will fund the new Egypt Cairo, which has ignited further developments for the new city. New Cairo will be developed to reduce pollution, overcrowding, and living costs. The China Fortune Land Develop Company has announced an investment of $20 billion, while another Chinese company has announced that they’ll invest $15 billion. This provides investors an opportunity to pitch in to this project and help build a city that will foster sustainable growth and national spirit. Other beneficial reasons include: It’s a Big and Available Market Egypt contains a large population, which provides investors with a large consumer base for housing units. There’s a favorable economic climate and growing middle class within Egypt, along with a low cost of labor. Together, these factors are enhancing Cairo’s ability to become a real estate hub. The city is also located on the edges of … [Read more...] about Reasons to Invest in New Cairo Egypt Real Estate
Mayor Mike Gammella hopes eventually to bring "one, big blockbuster" business to 230 acres of vacant Ford Land property in Brook Park.File photo BROOK PARK, Ohio -- Hundreds of acres of Ford-owned property continue to sit vacant in Brook Park, but Mayor Mike Gammella said he is not giving up on bringing a "substantial" business to that site. He told City Council members at their Aug. 21 meeting that he had met in Detroit with Ford Land Chairman and CEO David Dubensky the previous week, and that those talks were positive. Ford Land is a subsidiary of Ford Motor Company. "We had a very good discussion," Gammella said. "Fortunately, I know him from my past life (as a United Auto Workers union-Ford international representative), and I have a good relationship with him." He said he emphasized to Dubensky his desire for a single, large business on the property. "One of the biggest projects we have to do, and one of the biggest projects I'm taking on as mayor of this city, is … [Read more...] about Mayor meets with Ford Land CEO about vacant Brook Park site