MEXICO CITY - China has become one of the most important investors in Latin America and the Caribbean accounting for almost 9 percent of the total investment flow to the region in 2010, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) said on Wednesday. Chicago Cubs Ted Lilly Jersey . In 2010 Chinese companies invested about 15 billion US dollars in countries in Latin America and the Caribbean, basically through mergers and acquisitions, said the ECLAC in a new report published here Wednesday. It said that more than 90 percent of Chinese investments in Latin America have been used toward the extraction of natural resources, especially in mining, but China is expected to start diversifying investments into a lot of new areas in the years to come. In the medium term it is expected that the transnational companies of that country (China) will continue to reach the region and that they diversify towards the infrastructure and manufacturing sectors, it added. The ECLAC said that the flows of investment is reinforcing the production of specialized items in the region, but it did not provide any example of this. It added that by 2011 the direct foreign investment in the region is expected to grow between 15 percent and 25 percent compared to 2010, but the region still has to apply policies that will focus on innovations that can help absorb improved benefits of this capital flow. The main investor in the region is the United States with 17 percent of the total value, followed by the Netherlands with 13 percent, China with 9 percent and Canada and Spain each with 4 percent. Yankees Nick Swisher Jersey . PAUL, Minn. - Martin Havlats first two goals in a Minnesota uniform helped the Wild blank the Chicago Blackhawks 3-0 on Sunday. San Francisco 49ers Vernon Davis Jersey .Y. (AP) - The Buffalo Sabres have signed a nonbinding letter of intent to purchase the Rochester Americans of the American Hockey League in Terry Pegulas latest bid to expand his hockey empire. Raiders Jersey . Related readings: 5 women killed in stampede in India India heatwave kills 80 Cyclone kills 31 people in eastern India The electricity supply wire was overhanging the road in Mandla district in Madhya Pradesh state, police officer Ram Pyari Dhurwey said. Mariano Rivera Authentic Jersey . [Zheng JinranChina Daily] Shijiazhuang - On a windy afternoon, a gray-haired man carrying a shovel and pickax shuffles on crutches to the foot of a hill. There is no path through the protruding white rocks. The man sits down with his back against one of the stones, puts his crutches aside and detaches his artificial legs. C.C. Sabathia Jersey . The scheme was put into practice in the capital in August 2009 and was originally set to end on May 31. However, major electrical appliance retailers in the city have not yet received formal notice to end the program, which is aimed at encouraging trade-ins. BEIJING: Chinas land transfer revenue jumped 43.2 percent year-on-year in 2009 to hit 1.42 trillion yuan ($208.49 billion), as the nations property market boomed. Land transfer fees fell 19.7 percent in the first half of last year as the global financial crisis dampened property developers confidence before rising 110.9 percent in the second half, after the worst of the financial crisis had past, the Ministry of Finance said Wednesday. Related readings: Hainan suspends commercial land transfers  Prime realty deals perk up Lujiazui revenue Land transfer may draw heated debate  Income from land transfers plunges Nearly two thirds of the revenue came from coastal provinces, the Ministry said. China spent 11. Washington Redskins Devin Thomas Jersey. 23 trillion yuan of the land transfer revenue, a rise of 28.9 percent from a year earlier. Land acquisition and compensation for demolition accounted for 40.4 percent of the total expenditure, while urban construction and land development was 27.1 percent and 10.7 percent, respectively. Land transfer fees are local governments main source of income, and they are major beneficiaries of the countrys overheated real estate market. House prices almost doubled in big cities like Beijing in 2009. Separately, a total of 20,556 apartments were sold in the first three months of 2010 in Beijing, up 15 percent from a year earlier, with 13,268 apartments sold in March, up 40 percent year-on-year, the China Land Surveying and Planning Institute said Tuesday. ' ' '