StockGuru Blog: China Media Group (CHMD) – Locating in Harbin = Smart Plan
China Media Group Stock Guru Profile CHMD.OB CHMD: In 1803 Napoleon Bonaparte said, “China is a sleeping giant and when she awakes she shall astonish the world.” On June 20, 2007, CHMD’s subsidiary company, Beijing Ren Ren Health Culture Promotion Limited, signed an agreement with Harbin Shengdong Decoration Advertising Ltd. to establish a new joint venture company with a focus on outdoor advertising in the city of Harbin (Heilongjiang Province). I think locating in China’s underdeveloped provinces at this time is a smart move and Harbin is in the heart of this underdeveloped geographical location. Harbin is about to undergo…