SHANGHAI: Chinese banks would see their bad loan ratios creep up in the next few years but it was unlikely that they would face a systemic crisis similar to that suffered by their Wall Street counterparts two years ago.

THE BUZZ

Kim Lun Corporation

Smallish Southern Play

Got Milk?

Another local contract

GEORGE TOWN: IJM Land Bhd’s Pearl Regency project, created mainly to attract Malaysia My Second Home (MM2H) investors, has seen an impressive take-up of over 40% by foreign buyers, mostly Koreans.

SHANGHAI: It will soon be the place where dreams come true, but at the moment Zhaohang village, on the outskirts of Shanghai, is where they are being crushed by the wrecker's ball.

What was a sleepy, semi-rural hamlet has been all but razed to make way for the city's Disney theme park, expected to be completed by 2014.

GEORGE TOWN: Penang Chief Minister Lim Guan Eng is on a three-day visit to Singapore from Tuesday, June 29 to attend the World Cities Summit 2010 at the invitation of the Singapore government.

The Summit brings together practitioners and policy-makers, together with leading experts in their field to identify innovative solutions to the most pressing challenges facing cities today.