BEIJING Homme Air Max 97 Blanche Pas Cher , July?21 (Xinhuanet) -- More than 1,000 luxury villas and apartments in Portugal are about to come under the virtual hammer on Taobao, a customer-to-customer site owned China's e-commerce giant Alibaba Group Holding Ltd, as the country is gearing up to become the world's largest online auction market this year.

Paimai, the auction site run by Taobao Air Max 97 Undefeated Sail Blanche Pas Cher , is expected to launch an online auction on Wednesday for as many as 1,500 high-end villas and apartments in southeastern Portugal, to meet the growing demand from wealthy Chinese individuals for overseas realty investment.

The villas and apartments, with a combined market value of 1.6 billion yuan ($257.6 million), are located in the Algarve Nike Air Max 97 Undefeated Noir Pas Cher , known as one of the finest golf resorts in Portugal. The individual properties that will be auctioned online are valued between 900,000 euros ($975,510) and 1.5 million euros, each with sizes ranging from 231 square meters to 363 sq m.

The e-auction of Portuguese properties marks Paimai's latest development in globalization. Lu Weixing, the general manager who is in charge of Paimai Femme 2018 Nike Air Vapormax Violet Pas Cher , said that with rapid development of China's online auction market, his site is keen to bring high-quality overseas products to Chinese consumers.

"Overseas realty is a sector that will catch the fancy of online bidders," he said.

Lu said that online auctions are still an emerging sector in China, but the country is moving very fast to overtake the United States and become the world's largest online auction market this year. "The total transaction value of China's online auction sector was less than 100 million yuan in 2012, and we expect that size to surpass 100 billion yuan this year Homme Nike Air Vapormax Flyknit 2018 Bleu Pas Cher ," he said.

Since December 2014, Paimai has brought properties from more than 10 countries under the e-hammer for bidders from China. About 60 percent of the overseas properties, including islands in Fiji, castles in Italy and chateaus in France, have been auctioned off online Homme Nike Air Vapormax CS Grise Marine Bleu Pas Cher , according to Lu.

However, he said it is still too early to know whether the Portuguese properties will be well accepted by Chinese buyers due to their diversified tastes.

However, insiders in immigration sectors are more optimistic because investing in properties in European countries, such as Portugal, usually comes with citizenship.

Kevin Yu Homme Nike React Hyperdunk 2017 Flyknit Rouge Blanche Pas Cher , vice-president of Beijing Kaisheng Union Exit-Entry Affairs Services Co Ltd, a firm offering immigration-consulting services, said about half of Chinese, who are interested in emmigrating, choose European nations.

"It is relatively easy to get citizenship in European countries Homme Nike React Hyperdunk 2017 Flyknit Blanche Marine Pas Cher , you just need to invest a certain amount of money on properties," Yu said.

Under Portugal's Golden Residence Visa Program, a citizenship can be granted for real estate investments of about 500,000 euros. For properties that are older than 30 years, the investment could be as low as 300 Off White x Nike Air Vapormax Noir Pas Cher ,000 euros to gain a citizenship.

According to the Portugal Embassy in China, 2,420 residence permits have been offered from October 2012 to June 2015 under the program, 1,947 out of which are offered to Chinese investors.

(Source:China Daily)




VIENNA, Oct. 18 (Xinhua) -- The Schoenbrunn Zoo here opened online voting on Tuesday for the naming of one of the two twin panda cubs born in August, the zoo stated in a press release.

In the past few weeks, the zoo accepted about 2,000 suggestions for possible names for the male cub, which it has now narrowed down to three -- Fu Lin, Fu Ban, and Fu Xiong.

This is also in keeping with the zoo's own tradition of using the name "Fu," meaning "happy" or "lucky" in English, as part of the names for panda cubs born there.

"There were so many excellent names, that we have enough ideas for the next hundred cubs," zoo director Dagmar Schratter said.

Voting will be open until Nov. 2, following which the name of the female cub, already chosen by the zoo, will also be revealed.

The zoo plans to hold a celebration for the naming of the pandas on Nov. 27.

Voting for the naming of the cub can be done on the Schoenbrunn Zoo website.


BRUSSELS, Oct. 30 (Xinhua) -- The European Union (EU) and Canada signed the Comprehensive Economic and Trade Agreement, or CETA, and the Strategic Partnership Agreement (SPA) during a bilateral summit here on Sunday.

European Council President Donald Tusk, European Commission President Jean-Claude Juncker together with Robert Fico, Prime Minister of Slovakia which is holding the Presidency of the Council of the EU, signed the two landmark deals with Canadian Prime Minister Justin Trudeau at a ceremony held in Brussels.

LONG-DELAYED CETA

The EU-Canada free trade deal was reached in August 2014 after five years of negotiations. However, due to continued oppositions by various groups, including environmental activists, trade unionists and socialists, the final signature of the deal was delayed to this year.

The signing ceremony planned for Thursday was cancelled after a Belgian region opposed to sign the deal. The French-speaking Belgian region of Wallonia concerned that the deal would jeopardize European farmers' interest and grants too much power to multinationals.

The EU, a bloc with 500 million people, can only sign the deal with consent of all member states.

The consensus reached by all regional parliaments of Belgium on approving the CETA Friday cleared the way for signing of the deal.

Hailing CETA as "the most comprehensive, ambitious and progressive trade agreement ever negotiated" by both Canada and the EU, a joint declaration released after the ceremony said the deal would open a new dimension to EU-Canada economic ties.

After signature, the free trade deal still needs to get consent from the European Parliament for it to enter into force provisionally.

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