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We think these concerns are overdone. The onshore bond market undoubtedly has its attractions, given its yield curve is about 100 basis points higher than its offshore counterpart. The premium comes at a price, however. High concentration of Chinese issuers restrains investors from diversifying their portfolios. Investors are also exposed to higher credit risks due to the absence of international rating references and credit research resources.
It also gave specific information Authentic Jordans Online about the ships such as their capabilities and functions.Until now, the PLA Navy has never made public so many details about its intelligence collection ships.The Kaiyangxing is a Type 815A electronic reconnaissance ship, which has a full displacement of 6,Cheap Jordans for Sale, Cheap Jordans Free Shipping,000 metric tons and a maximum speed of 20 knots, or 37 kilometers per hour, according to the Modern Navy report, which added that it is equipped with three small-caliber naval guns.An expert from China's shipbuilding industry who wished not to be named told China Daily that the US Navy deploys at least 15 intelligence collection ships,Cheap Authentic Jordans, while China still lags behind in this regard."The fact that we are facing an increasing number Authentic Jordans Online of difficulties when we safeguard our maritime interests means that we require more reconnaissance ships to support the PLA Navy's operations on the open sea," he said.
Green-energy and mobile Internet firms have become the fastest growing sectors in the high-tech industry in China and are using their clout to raise money for expansion. According to a report released yesterday by Deloitte Touche Tohmatsu, five firms from the two sectors led the list of the top 50 high technology firms in China. The top five were China United Cleaning Technical Co, which makes solar cells, and wind power group China Guodian Corp as well as Internet and telecommunications firms AdChina.com, Beijing LOIT Technology Co and 360buy.com. The average revenue of the five firms grew 37 times in the past three years, Deloitte said in its Technology Fast 50 China 2010 report. William Chou, Deloitte China's leading partner for technology, media and telecommunications, attributed the rapid growth in mobile Internet to the start of 3G networks and rich mobile applications on iPhones or Android-run phones. Green-energy companies are expanding because of favorable government policies. Such growth in these firms in the two sectors lifted their fundraising ability as they seek money to grow. E-commerce firm 360buy.com, which sells TVs and cosmetics online, is expected to announce another round of "considerable" financing from venture capitalists next month, said Xu Lei, the firm's vice president. The firm, which revealed a US$75 million VC investment early this year, will build a logistics center in Shanghai Authentic Jordans "as big as eight times Bird's Nest," Xu said, referring to the national stadium of the 2008 Beijing Olympics.
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