GUANGZHOU, April 12 (Xinhua) -- Rescuers are searching for four people trapped in the debris of an under-construction building that collapsed killing one person in south China's Guangdong Province on Thursday. A five-story structure covering some 30 square meters collapsed at the construction site...
Wu Zhiyong, the owner of the building, was sentenced to 11 years in prison for negligence leading to the incident. He had hired unqualified construction workers to illegally construct and extend the building, which he then leased as an accommodation and catering venue, according to the verdict. ...
GUANGZHOU, Feb. 8 (Xinhua) -- The collapse of a road that killed eight people in south China's Guangdong Province was caused by flooding. The collapse happened around 8:40 p.m. on Wednesday at a subway construction site in Foshan city. Eight people were killed on the spot, three are ...
and the violation resulted in an extremely high and steep slope, it said. The mining company conducted exploitation continuously in a highly intensive manner as the construction went on, which greatly undermined the stability of...
Eight people were killed and two injured in a construction site collapse in southwest China's Guizhou Province Monday, local authorities said Tuesday. An underground car park under construction in Guanshanhu District of Guiyang, the provincial capital of Guizhou, collapsed at 4:21 p.m. Monday, ...
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KUNMING, March 16, 2016 (Xinhua) -- Rescuers work at a construction site in Kunming, capital of southwest China's Yunnan Province, March 16, 2016. Two people were killed and more than 20 others injured in a collapse accident at a construction site here on Wednesday. (Xinhua/Hu Chao)...
The company didn’t have money to buy land, so it borrowed 5 million from the bank and paid the land deposit. It also had no money for construction, so it relied on the funding from construction companies to meet the pre-sale conditions. ...
Similarly, China Construction Bank experienced a contraction in its net interest margin, mirroring trends observed at the Industrial Bank of China, the Bank of China, and the Agricultural Bank of China. (1 HKD equals US$ 0.13)
The Chinese company has brought positive changes to the city, especially for young people, he said, adding "a good number of young people did not have homes, and with the construction of the project, they managed to get a house."