NBC to Provide Chinese-language Olympic Broadcasts
This summer's Beijing Olympics will be broadcast in Chinese for the first time ever in the United States. NBC is teaming up with Multicultural Radio Broadcastings Inc. to co-produce the coverage for team events, such as football, baseball and basketball, and will offer daily highlights in Korean, Mandarin and Cantonese.
China Railway Lands Large Libya Contracts
China Railway Construction Group has won contracts to build two rail links in Libya worth a total of USD2.6bn. One project involves a 352km coastal railway, which will take four years to build, and a second 800km line, which will take three years to construct, will be used to transport iron ore and passengers from the southern region. Both projects are scheduled to begin this June. China Railway Construction is the nation's largest contractor of overseas infrastructure projects, and will launch a dual-listing in Hong Kong and Shanghai at the end of February.
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