Posts tagged ‘Chen’

26/06/2014

Chinese tycoon’s stunt to feed New York homeless ends in shambles – Telegraph

A stunt by a Chinese tycoon to provide free lunch to 300 homeless people in one of New York’s finest restaurants degenerated into a shambles as word spread that the participants would not be receiving an anticipated cash handout.

A waiter serves dessert to a table of men listening to Chinese billionaire Chen Guangbiao during a lunch he sponsored for hundreds of needy New Yorkers

The first simmerings of discontent emerged in the Central Park Boathouse as sesame-encrusted tuna appetisers were being served.

By the time the main course of rump steak was on the tables, the mood had turned thoroughly sour, as news that there was to be no cash give-away passed around the room.

And as white-gloved bow-tied waiters cleared berries and creme fraiche from the tables, there was near-mutiny, with burly private security men forced to prevent some angry diners from storming the podium.

Chen Guangbiao, a controversial recycling magnate, self-publicist and philanthropist, had earlier sung a version of We Are The World, the Michael Jackson hit written to raise charity funds for Africa.

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But the mood of goodwill and gratitude quickly dissipated as diners learned that they would not be receiving the $300 in cash that Mr Chen had originally promised everyone who attended after the meal.

Officials at The New York City Rescue Mission, which the billionaire had approached to help organise the event, told him they would only participate if the money was donated to their organisation to provide meals for the homeless.

“We work with the homeless every day, many of them unfortunately have drink and drugs problems, and it just isn’t a good idea to give that sort of cash out to people,” said Michelle Tolson, the mission’s spokeswoman.

“Mr Chen agreed that he would donate the $90,000 to the mission and that is the basis on which we are here today.” That message had not, however, reached many of the recipients of the free meal who were bused to Central Park from a downtown shelter.

“We have been duped to come along here under false pretences and now we are just part of a propaganda trick for the rich” said Harry Brooks, a Vietnam war veteran who tried to reach the stage to voice his complaints in person.

“We don’t need their steak, we need the money so that we can pay for food and clear debts. Now we’re never going to see it. This is a disgrace.”

via Chinese tycoon’s stunt to feed New York homeless ends in shambles – Telegraph.

15/04/2014

How a Chinese Company Built 10 Homes in 24 Hours – China Real Time Report – WSJ

Chinese companies have been known to build major real-estate projects very quickly. Now, one company is taking it to a new extreme.

Suzhou-based construction-materials firm Winsun New Materials says it has built 10 200-square-meter homes using a gigantic 3-D printer that it spent 20 million yuan ($3.2 million) and 12 years developing.

Such 3-D printers have been around for several years and are commonly used to make models, prototypes, plane parts and even such small items as jewelry. The printing involves an additive process, where successive layers of material are stacked on top of one another to create a finished product.

Winsun’s 3-D printer is 6.6 meters (22 feet) tall, 10 meters wide and 150 meters long, the firm said, and the “ink” it uses is created from a combination of cement and glass fibers. In a nod to China’s green agenda, Winsun said in the future it plans to use scrap material left over from construction and mining sites to make its 3-D buildings.

Winsun says it estimates the cost of printing these homes is about half that of building them the traditional way. And although the technology seems efficient, it’s unlikely to be widely used to build homes any time soon because of regulatory hurdles, Mr. Chen said.

The Chinese firm isn’t the first to experiment with printing homes. Architects in Amsterdam are building a house with 13 rooms, with plans to print even the furniture. The Dutch architect in charge of the project said on the project’s website it would probably take less than three years to complete.

via How a Chinese Company Built 10 Homes in 24 Hours – China Real Time Report – WSJ.

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23/01/2014

China’s Five-Star Hotels Are Desperate for Lower Ratings – Businessweek

After local governments in China began prohibiting government officials from spending money at five-star hotels last year, dozens of top-rated hotels took steps to preserve their government business—by voluntarily dropping at least one star.

“I’ve been in the business for decades and I’ve never seen this before,” Chen Miaolin, chairman of the New Century Tourism Group, told the China News Agency. He was quoted in two official news releases describing star-reduction attempts by 56 hotels. The hotel industry in China is rated by the state tourism bureau and other government agencies, and five stars is the highest rating.

As the Communist Party led by President Xi Jinping continues a campaign against corruption and government extravagance, some top-of-the-line hotels are feeling the pain. Revenue declined 18 percent last year at Hangzhou-based New Century, which operates 64 hotels around China, including 40 with five-star ratings. In October, Chen was quoted in a Hong Kong paper saying New Century’s income from government agencies had fallen to less than 3 percent of overall catering revenue—down from 15 percent—because of Beijing’s anti-extravagance measures.

One of the company’s hotels in Nanjing responded by proposing to give up all its stars, Chen said, and five others shelved new ratings applications. It’s not clear whether the hotels’ prices have changed; the ban is aimed only at their ratings, not their prices.

via China’s Five-Star Hotels Are Desperate for Lower Ratings – Businessweek.

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