Power in numbers

Article Abstract:

China's fast track to privatizing its power sector has been hampered by the approvals process, but some companies are finding the capital to chase deals, such as Applied Energy Services (AES). The company, an independent power producer, is seeking mostly small deals and it has become a prominent developer in China. The company offers investments in plants operating on a stand-along basis, and other companies such as Sithe China Holdings are following suit. The capital for its coal fired plant in Hebei province was found without recourse to an export credit agency.

Heavy construction, not elsewhere classified, Manufacturing and Industrial Building Construction, Electric Generating Plant Constr, China, Finance, Energy industries, Energy industry, Electric power plants, Power plants, Electric power plant construction

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The bottom line

Article Abstract:

Rare Asian books are attracting investors. They have a scarcity value because many were destroyed in the Japanese occupation of Hong Kong and the Cultural Revolution in China. Yushodo from Japan and Swindon Book Co from Hong Kong organize a book fair in Hong Kong. Buyers do not have to pay sales tax at these fairs and auction charges are avoided. Making money out of books is not easy since prices can fluctuate in line with the performance of the world economy. Emotion can help buyers make a good investment since beautiful books have an inherent value.

Used merchandise stores, Antiques & Second Hand Stores, Economic aspects, Book publishing, Secondhand industry, Rare books

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Selling the good life: Thomas Lee blends Eastern tradition with Western glitz

Article Abstract:

Thomas Lee's stores and importing and distribution business in Hong Kong and elsewhere epitomize his good taste and sense of quality. With his mother he founded Shiatos, which has an exclusive license to import many of the world's finest crystals and related goods. He also launched the Fook Ming Tong line of tea stores, featuring unique teas and Zisha teapots from Yixing. The business, launched in 1975 with $1 million, is now worth nine figures, and Lee plans more activity in China after barriers fall in 1997.

Retail industry, Retail trade, Appreciation, Trading companies, Lee, Thomas

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