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Comparatively staggering Hong Kong real estate prices are one reason for the migration: rents in the city are running roughly $3 to $11 U.S. per sq. ft. But much more important are the clear signals coming from Beijing that anyone wanting to do serious big business with the communist government had better be prepared to shift to the mainland metropolis. Chinese President Jiang Zemin's national government has been a major exponent of Shanghai's new Pudong economic center, some 135 sq. mi. of former marshland that is the transplanted economic heart of the new Shanghai. Having invested around...
...local headquarters from Hong Kong to the mainland powerhouse of Shanghai. Now that the move is complete, he and six other staff members are all that are left of a former complement of 140 people. In Shanghai, by contrast, Coke's staff will have jumped to a 1 million-sq.-ft., seven-story building on the Huangpu River in the Pudong area, the commercial investment hub still in the throes of hothouse creation by the government. Says Lo: "If you want to crack the China market, you have to be in Shanghai...
...first one, Kgalagadi, which means Land of Thirst, was created last year by merging two parks that straddled the border of South Africa and Botswana. The combination is a 14,600-sq.-mi. wilderness area in which tourists and animals can move freely. Since the formal opening last May, tourist traffic has been projected to triple to 150,000 visitors annually. A Peace Parks Club run by the foundation offers 10-day tours of the park that include tracking wild game on foot with experienced rangers of the San tribe, the indigenous bushmen of the Kalahari...
...soaring natural-gas prices, Neve was going to have to shell out more than $160,000 in December to keep his rose plants warm, at least five times as much as he spent a year ago; instead, he turned off his heaters and watched the temperature in his 360-sq.-ft. greenhouse drop as low as 40[degrees], which has left his roses in as sorry shape as his shrinking bottom line. Then late last week Neve, like so many Californians, got another nasty shock: to help prop up its two largest, ailing utilities, the state gave the go-ahead...
...only student-run shelter in the country, Harvard Sq. Homeless Shelter provides nightly service for about two dozen guests...