China

China´s urban fixed assets investment leaped 26.6 percent year on year (y-o-y) to 1.3 trillion yuan or US$190.3 billion in the first two months, highlighted by a prominent increase in property investment, the National Bureau of Statistics (NBS) announced Thursday.

China has invited countries from the lower Mekong subregion to visit its Jinghong dam in order to counter claims that its dams are causing the extremely low water levels in the region.

Thailand's Prime Minister Abhisit Vejjajiva met Chinese Assistant Foreign Minister Hu Zhengyue during a meeting at the Government House on Monday to discuss whether dam constructions in China could have led to the record-low water in the Mekong River, which has a serious impact on Thailand, Laos, Cambodia and Vietnam.

The president of China's leading sports university urged the government on Thursday to invest in the physical fitness of Chinese youth or else the youngsters will not be able to fight the Japanese in a future war.

While China may not have beaten the United States during the Olympic Games, it is soundly trouncing our nation in the real estate investment department.