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Resources   China to begin building second west-east gas pipeline in 2008 China's exports of auto products soar 50% in first two months Trade union: McDonald's, KFC violate labor rules Foreign banks list new retail services Chinese yuan hits new high against U.S. dollar China's bull market keeps fund profits rising in 2006 carve out   Chery becomes 1st Chinese brand to top monthly car sales list McDonald's, KFC allegedly cooperating with labor probe Dread diseases defined for insurance companies Shares pushed to new record by fund buying HSBC, other foreign banks mark entry into Chinese market Cialis makes concerted drive for mainland market Industry   China probing tainted wheat gluten blamed for U.S. pet deaths Listed firms total earnings rise 42.2% in 2006 China inks US$143 million deal with S. Africa China promises to rein in surging property market China Netcom says 2006 profits down 6.7 percent Watchdog puts brakes on China's IPO trend

Chinese enterprise to develop real estate projects in Cambodia PHNOM PENH, April 6 (Xinhua) -- An enterprise from China's Yunnan province here on Friday signed two agreements with its Cambodian partner to co-develop two real estate projects in Phnom Penh and Sihanoukville. Yin Tengyun and Lau Ming Kan, respectively on behalf of Yunnan Southeast-Asia Economy and Technology Investment Industrials and Cambodia's Shukaku Company, signed these agreements in presence of Cambodian Deputy Prime Minister Sok An, Cambodian Minister of Commerce Cham Prasidh, Governor of China's Yunnan Province Qin Guangrong, and Chinese Ambassador to Cambodia Zhang Jinfeng. The signing ceremony was held on the sidelines of the one-day China (Yunnan) - Cambodia Investment and Trade Fair, which attracted some 400 participants from both governments and business arenas to seek cooperation. Under the agreements, the two sides will cooperate to develop the Boeng Kak Lake area in Phnom Penh into a multi-purpose living and recreation center called the New City of East, and establish an eco-garden in Sihanoukville for tourism and other commercial uses. Details of these agreements were not disclosed. The above projects will be implemented as Yunnan plans to intensify its cooperation with Cambodian partners in the fields of agriculture, transport, hydropower, investment, trade, forestry, tourism and mining, said Qin Guangrong while addressing the fair. A press release said that the bilateral trade between Yunnan and Cambodia stood at 3.51 million U.S. dollars in 2006. By the end of 2006, the two sides have signed over 20 economic and trade agreements worth of 40.39 million U.S. dollars, it added. MORE NEWS • DBS eyes wealth management • Analysts: Chinese economy to grow no less than 10.5% in 1st quarter • China's exports of auto products soar 50% in first two months • OTC market looks healthy in China • Oilfield city Daqing set to broaden its interests • Siemens injects $10 mln into rural health • NYSE seeks more Chinese companies • Listed firms total earnings rise 42.2% in 2006

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