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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: CIMA who wrote (9447)	11/17/1999 5:06:00 PM
From: Goldfort	Respond to of 9980

CHINA TRADE AGREEMENT BENEFITS GOLDEN FORTUNE COMPANY: Golden Fortune Investments Limited SYMBOL: Alberta Stock Exchange: GFX November 17, 1999 - Golden Fortune Investments Limited (a publicly traded company on the Alberta Stock Exchange under the symbol GFX) is pleased to have recently entered into the option agreement with ChinaTech Trading Limited in order to complete Golden Fortune's "Project Gateway" Broadband Wireless Internet project in China. ChinaTech is expected to be arriving in China for meetings in early December in order to take the Project to the next step. Golden Fortune's management is also very pleased to have received news on November 15th, 1999 of China's signing of the agreement with The United States. "This Agreement between the United States and China is something that we knew would happen for years", said James Tong, President of Golden Fortune. "Now that it has, this is going to open the market and pave the way for every scope of business to enter China's market of 1.4 billion people". Golden Fortune's recent accomplishments further demonstrate the Company's abilities to perform and create viable projects in the PRC. The landmark agreement between the United States and China will lead to China's induction into the WTO. China's Economy is expected to become the second largest economy in the World within 20 years. James Tong has been doing business in China for over 10 years. Many companies will require Chinese business experience like that held by Golden Fortune's management team to provide a conduit into the Chinese market. Golden Fortune Investments Limited also announced today that its Board of Directors has approved the forming of a wholly owned subsidiary, "G.F Technology Development Inc", whose initial focus will be sourcing and developing leading technologies for the Chinese market. Golden Fortune Investments Limited (GFX) is a diversified company with interests in technology licensing agreements, and other investment holdings including mining. The company's primary objective is to create business opportunities in China. For further information regarding Golden Fortune Investments Limited and its ongoing corporate direction, please call toll free, 1-877-688-2623, E-mail: info11@gfil.com or visit our web site: gfil.com . On behalf of the Board of Directors, James Tong, President Golden Fortune Investments Limited The Alberta Stock Exchange has neither approved nor disapproved of the contents of this news release. Golden Fortune Investments Limited #298-1199 W. Pender St, Vancouver BC V6E 2R1 Toll Free: 1-877-688-2623 Website: www.gfil.com E-mail: info11@gfil.com *** posted by the Company ***