Mideast,China return from sidelines with new investments in Western firms. The cash-rich governments of the Persian Gulf and China appear to be getting back in the game.
Blackstone Group has reached an agreement with China Investment Corporation's $200 billion fund to increase its holding in New York-based private equity firm to 12.5% from 9.9%.
Page A11: Gary Okihiro, author of "Island World" -A History of Hawaii and the U.S. University of California Press 308 pages $27.50. Reviewed by John Whitehead, University of Alaska (Fairbanks) professor emeritus in history, author of "Completing the Union: Alaska and Hawai'i."
The official spelling is now "Hawai'i." Pause for a second to finish the reading for the original fun.
Hawaii was the hinge point of the China trade and the Pacific whaling industry, both of which brought hundreds of ships from New England to the islands.
On the eve of the 50th anniversary of Hawaiian statehood 1959-2009. Mr.Okihiro has liberated the islands from those truncated little boxes on maps of the US and brought them back onto the national center stage.
As an honorary citizen of Honolulu, State of Hawaii, I salute to the 50th state with warm sentiments of ALOHA!
Page B8: Hoteliers look to China: Actis pumped 65 million into the 7-Days Inn Group, A Guangzhoui=based budget hotel. As an expert at Guangdong Institute of Foreign Trade in 1992-1993, I am delighted to learn such good news.
Accor Groi[(French) to triple its hotels in China,Hong Kong and Macao. The robust outllok for China's travel business stand in sharp contrst to other countries.
As a Fulbright Senior Scholar in Hong Kong with visits to Macao and China in 1989-1990,I welcome such tidings with good memories.
Francis Shieh a.k.a. Xie Shihao,the Shanghai Guy on October 17,2008 at 1.25 p.m.
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